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Going Paperless

Tags » Banking Industry, Online Banking

Netbanker's Jim Bruene blogs about how finally there was an article in the Wall St. Journal earlier this week about some of the harsher realities of moving from paper to electronic statements. Yes, there are some very real downsides to electronic - even though banks and brokerage houses would like us to all just accept their seemingly endless offers to go paperless. As Jim points out, the issue is simple - they need to offer us lifetime statement archives. Maybe the banks need to sign up for Amazon's S3 if they can't manage providing the online storage themselves?


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