eStatements - The Real Reason Why You Should Sign-Up
Posted On: May 14, 2025 by Prevail Bank in: Banking
For years, banks and credit unions have encouraged account holders to switch to e-statements by highlighting environmental benefits. While reducing environmental impact is important, it isn’t the game-changer. What truly is the motivating factor? Security!
A single stolen statement can give a fraudster everything they need to drain an account, open new credit lines, or take out loans in someone else’s name!
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