Getting Tough on Opt-Ins: Cutting Off the Paper

Fest, Glen
September 2006
Bank Technology News;Sep2006, Vol. 19 Issue 9, p16
Trade Publication
The article reports on the apprehension of financial institutions to introduce electronic statements policy to consumers in the U.S. In 2005, the use of electronic account statement has enrolled 39% of the online bankers, however, only 8% of them accepted paperless transactions. The proposal is part of the electronification process of banks and billers.


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