Chris Skinner's blog Shaping the future of finance
Nice email from NatWest today encouraging consumers to switch to paper-free banking:
No real commentary on this …
… except that isn’t it a bit weird that the benefit is that you’re protected against identity theft by having no paper around …
… and yet you need the paper statements to prove your identity.
Oh yea, and just in case you’re not sure about doing this, the bank is offering a prize to one lucky winner to pay their mortgage for a year … I was going to offer them my structured finance mortgage but they limited the offer to £20,000. Shucks!
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