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PostFinance launches a call for its IT challenge

PostFinance is giving IT whizzes a chance to show what they can do – and to do some good. With its IT challenge 2021, the financial institute aims to play a decisive role in shaping Switzerland’s digital transformation and promoting young talent.

Start-up tilbago is making it easier to obtain credit standing information with “tilbago CredRep”

The start-up company tilbago – in which PostFinance holds a participation – has been operating successfully for four years with the online payment collection solution of the same name. The company launched a new service on 8 February 2021.

Valuu triples mortgage volume

Valuu, the independent Swiss platform for comparing and taking out mortgages, is celebrating its second birthday. Compared with its first year, Valuu has tripled the volume of mortgages brokered. It currently boasts around 12,000 users and works together with 29 lenders.

Current inpayment slips to be withdrawn from the market by 30 September 2022

PostFinance hat das Enddatum der roten (ES) und orangen (ESR) Einzahlungsscheine auf den 30. September 2022 festgelegt. Sie unterstützt damit die Digitalisierung des Rechnungswesens sowie die entsprechenden Nachfolgeprodukte QR-Rechnung und eBill. Den reibungslosen Umstellungsprozess stellt PostFinance gemeinsam mit dem Schweizer Finanzplatz sicher.

postfinance.ch and e-finance are accessible to all

PostFinance websites have ensured accessibility for over a decade. The financial services provider has obtained certification from the “Access for All” foundation for the fifth time after 2009, 2012, 2014 and 2016. This means PostFinance provides good accessibility to its online services for everyone.

Samsung Pay now also available for PostFinance prepaid cards and credit cards

As of now, PostFinance customers can also store their prepaid cards and credit cards digitally on their Samsung smartphones and pay with Samsung Pay.

Apple Pay coming in 2021 to PostFinance

PostFinance will be bringing Apple Pay to its credit card customers in Switzerland in 2021.

Q3 figures: Coronavirus pandemic also weighs on Swiss Post’s result

Swiss Post’s result for the first three quarters of 2020 is down year-on-year. At the same time, however, it appears to be stabilizing somewhat, which means that the impact of the coronavirus pandemic on Swiss Post’s finances at the end of the year may be less severe than expected after the second quarter. The annual result is now largely dependent on how the pandemic continues to develop and on business over the festive season.

Limit for contactless payment without PIN to remain at 80 francs

In April 2020, PostFinance increased the limit for contactless payments without PIN entry with its cards from 40 to 80 francs. In consultation with the other card providers in Switzerland, this limit is being retained for all credit, debit and prepaid cards.

PostFinance and Swissquote enter into joint venture

PostFinance and Swissquote are the leading providers of online financial services in Switzerland. They have collaborated successfully on online trading for several years. They are now set to extend their partnership.

PostFinance speeds up digital transformation

PostFinance will focus on four key priorities in the forthcoming “SpeedUp” strategy period. They will be driven forward in independent business units: Payment Solutions, Retail Banking, Digital First Banking and Platform Business.

Lower interim results additionally impacted by coronavirus crisis

In the first half of 2020, Swiss Post generated Group profit of 30 million francs, 163 million francs less than the prior-year period. The financial impact of the coronavirus pandemic on Swiss Post has been considerable, with a negative coronavirus effect of around 120 million francs on the interim results.

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