Compliance

Compliance Corner: Swiss Bankers Association, SIX

Editorial Staff 2 July 2026

Compliance Corner: Swiss Bankers Association, SIX

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Swiss Bankers Association, SIX
The first Swiss Anti-Fraud Summit, held earlier this week, is a "new collaborative platform" formed by the Swiss Bankers Association and the SIX, which operate the Swiss and Spanish financial stock exchanges, to coordinate the fight against fraud in the payments system. 

The event brought together senior figures from the financial, telecommunications and technology sectors as well as representatives of authorities, social media companies and online retailers. 

“The banking industry takes its responsibility in the fight against fraud seriously and is working hard to develop effective prevention solutions. Collaboration across industries is vital. This is the only way to stamp out fraud over the long term," August Benz, deputy CEO, SBA, said.

The main takeaway from the gathering was that coordinated collaboration across the entire digital fraud chain is essential for effective fraud prevention, SBA and SIX said in a statement. 

The summit centred on current fraud patterns, perpetrator and victim perspectives and concrete approaches to preventing payment fraud. Future threat scenarios were also considered, especially those that might arise as the digital transformation progresses and fraudsters make increasing use of artificial intelligence. 

Christoph Müller, head of banking services and executive board member at SIX, added: “Fraud is a network problem and must be solved as such. This is what the Swiss Anti-Fraud Summit 2026 is all about. We are bringing key players in fraud prevention together in terms of communication, technology and operations.”

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