Canada Post to launch chequing and savings account with Koho, document suggests [Globe and Mail, The (Toronto, Canada)]
Mastercard Incorporated (MA)
Last mastercard incorporated earnings: 4/29 08:00 am
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Source: Globe and Mail, The
Based on a document posted to the Canadian Union Of Postal Workers website, the postal service will soon be launching a chequing and savings account in partnership with Koho Financial Inc. The document, which was online for a brief time before being taken down, says Canada Post will start testing the MyMoney account this month with a national launch next year. It says accounts will have features such as cash back, high interest and options to build or improve credit and will use a prepaid, reloadable Mastercard. The apparent plans come after Canada Post launched a lending program with TD Bank Group in late 2022, only to shut it down weeks later because of what it said were processing issues. Canada Post did not respond to a request to confirm the plans. Sign up for our new Business Brief newsletter. A daily look at the most important business stories that are making news and moving markets, written by Chris Wilson-Smith Sign up Explore newsletters Report an editorial
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MA
Earnings
- 11/1/24 - Beat
MA
Sec Filings
- 11/12/24 - Form 144
- 11/4/24 - Form 4
- 11/1/24 - Form 144
- MA's page on the SEC website