In the past, banking industry analysts have warned about the possibility of the U.S. Postal Service getting into the banking business. In some foreign countries, the postal service is a major financial services industry player. The fear in the United States was that the postal service would expand its financial services, particularly targeting the unbanked or under-banked. I haven’t heard any talk like that in quite a while; in fact, I think it is time for bankers to seriously begin talking about getting into the postal business.
The U.S. Postal Service recently announced it is considering . . .
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