STATEMENTS | 10 MIN READ
Top 5 Things to Know When Choosing a Statement Provider
By Michael Wise
These agencies, regulations, and court rulings have the power and authority to fine, legally prosecute, or even incarcerate if data is breached or consumer protections are violated.
A print and mail vendor that predominantly sends marketing letters is less familiar with data security protocols and less likely to execute them in a consistently compliant manner.
An average size commercial print shop could send out 1 million pieces of mail a month. 99.9% accuracy means 1000 letters get mailed to the wrong address every month.
Can the statement vendor produce dynamic elements like unique log in codes, pin numbers, or QR codes (with embedded account numbers)? All of these enhanced features increase statement performance and are great selling points when attracting new clients.
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