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-3.7885604417427E-05 -0.000161013818774065 0.000748240687245045 0.000956611511540894 -0.000577755467366193 -0.00366543222738929 -0.00595751129464578 -0.00595751129464578
Stock impact report

Canada Post to launch chequing and savings account with Koho [BNN Bloomberg (Canada)]

Mastercard Incorporated (MA) 
Last mastercard incorporated earnings: 4/29 08:00 am Check Earnings Report
Company Research Source: BNN Bloomberg
The postal service confirmed Friday that it will be offering a chequing and savings account in partnership with Koho Financial Inc. The accounts will be launched nationally next year, though Canada Post employees will be offered early access as the product is tested. Canada Post spokeswoman Lisa Liu said in a statement that there are gaps in the banking and savings products available that the Crown corporation looks to fill. “Canada Post is uniquely positioned to fill some of these demands. Many of our existing financial products help meet the needs of new Canadians and those living in rural, remote and Indigenous communities, but we believe more is required.” The MyMoney offering will be a spending and savings account where customers will be able to choose between features like high interest rates, cashback rewards and credit-building tools. A document briefly posted to the Canadian Union of Postal Workers website said it would use a prepaid, reloadable Mastercard that wil Show less Read more
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