PostFinance Benefit provides PostFinance’s private customers with discounts of up to 30% in a wide range of retail outlets and online shops based on their affinities. In order to use PostFinance Benefit, PostFinance customers must first consent to the analysis of their transactions.

In the first quarter of 2017, Swiss Post generated Group profit of 267 million francs, representing an increase of 75 million francs year-on-year. Operating profit (EBIT) rose by 126 million francs to 333 million francs. This increase was mainly due to capital gains realized on the sale of two equity portfolios at PostFinance. The result was also boosted by ongoing efficiency measures in the core business and the further development of our services.

The PostFinance Board of Directors has appointed Gabriela Länger as the new Head of Working Environment from 1 November 2017. In this role, she will also be joining the financial provider’s Executive Board. Working Environment covers both the Human Resources and Logistics units with more than 100 employees.

The PostFinance website received a new look last weekend. The fully revised website comprises lean structures, a functional search engine, easily understandable contents and a modern design. The user interface has been completely revamped to enable customers to access the contents relevant to them as quickly and easily as possible.

PostFinance has acquired a minority stake in the Swiss start-up RaiseNow. RaiseNow provides digital solutions for fundraising. Customers include charities and other non-profit organizations as well as companies engaged in social activities.

Statement from Hansruedi Köng

As of January 2019, the QR bill will replace the current orange and red Swiss inpayment slips. The Swiss financial center has today announced the technical specifications of the new solution. This has paved the way for the new solution to be connected to banks and software companies.

Swiss Post is continuing to face pressure in its core business due to the accelerating pace of structural change. As a result, Swiss Post recorded an operating profit (EBIT) of 704 million francs for 2016. That is 119 million francs less than in the previous year. Operating income is solid at 8,188 million francs.

Payday for Swiss junior ice hockey: The 24 PostFinance Top Scorers in the National Leagues A and B have earned 172 700 francs for their clubs’ junior teams during the 2016/2017 qualification round.

In the first three quarters of 2016 Swiss Post generated a Group profit of 466 million francs (previous year: 503 million francs). Operating profit (EBIT) decreased from 640 million to 593 million francs.

Interest rates on national and international markets continue to be at historic lows and are mostly even in the negative. Due to the lending prohibition, it is becoming increasingly difficult for PostFinance to find profitable investments for the customer deposits entrusted to it. As a result, it loses out on income equivalent to a figure in the double-digit millions each year. At the same time, ever stricter regulations are leading to higher expenses and costs. The financial service provider has therefore decided to increase the fees for individual products which are no longer covering costs, to reduce interest rates on accounts and interest limits, and to extend the fee on the credit balance.

On 24 October 2016, the Lucerne-based fintech company Tilbago is launching software with the same name for processing debt collection proceedings. PostFinance has acquired a minority interest in Tilbago AG and will combine the solution with its accounts receivable management tool, PostFinance Smart Business.