24.10.2016, Johannes Möri, Bern
PostFinance acquires participation in Swiss fintech Tilbago
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.
16.09.2016, Johannes Möri, Bern
Working capital management: Working capital management
Swiss Post and PostFinance have given the “Swiss WCM Award” for the third time. Two companies were awarded the prize for their pioneering role in different service fields relating to working capital management.
12.09.2016, Johannes Möri, Bern
EFT/POS transaction fees: PostFinance and price regulator reach agreement
As of 1 January 2017, PostFinance will lower transaction fees for cashless payment at points of sale (EFT/POS) for certain business customer segments. After a period of negotiation, the financial service provider and the price regulator have reached a mutual agreement. As a result of this agreement, PostFinance’s revenue from EFT/POS transactions will fall by around four million francs a year in 2017 and 2018.
25.08.2016, PostFinance Medienstelle, Berne
Interim results: Swiss Post’s profit declines in difficult market environment
In the first half of 2016, Swiss Post generated Group profit of 313 million francs (previous year: 391 million francs). The market environment in which Swiss Post operates continues to be difficult: operating profit (EBIT) fell to 383 million francs (previous year: 504 million francs) due to lower contributions to the results from the financial services, communication and logistics markets.
19.08.2016, Johannes Möri, Bern
Alex Glanzmann new member of PostFinance Ltd Board of Directors
Alex Glanzmann has been voted in as a new member of the PostFinance Ltd Board of Directors during an Extraordinary General Meeting. He takes office in August 2016, succeeding Thomas Egger, who stood down from the Board of Directors at the end of July 2016. Alex Glanzmann’s appointment enables PostFinance to benefit from his extensive experience in the financial sector.