Migration of payment transactions in Switzerland: genuine end-to-end tests with EBICS

stickman pencil check redBanks in Switzerland are working hard on projects to implement the harmonisation of Swiss payment transactions in accordance with ISO 20022. Software manufacturers and corporate customers demand opportunities to test the new payment formats. What they are looking for is an end-to-end testing scenario that optimally reflects real-life processing by the bank. Very few banks in Switzerland can offer this type of test. This is where EBICS can help.

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The Luzerner Kantonalbank AG offers corporate customers advanced solutions for EBICS and ISO 20022

ISO 20022_StempelRaphael Häfliger, Cash Management Services, Luzerner Kantonalbank AG

Since 2014, the Luzerner Kantonalbank AG (LUKB) has offered the EBICS communication standard in Switzerland, thus positioning a comprehensive service for professional payment transactions on the market. After the successful introduction of EBICS, it’s now time for the next step: As the first financial institution on the Swiss financial market, from autumn 2015 the LUKB will begin with the pilot phase of the launch of the “distributed electronic signature” (VEU). Continue reading

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