No, digital is not always best

In today’s digital world, it’s easy to think that everyone loves everything digital. After all, many businesses conspicuously post a “No Cash Accepted” sign in their windows, and it’s getting increasingly harder to remember the days when no one needed a charged cell phone to get into a concert or board an airplane.

But don’t let this electronic ubiquity fool you. Lots of people still prefer paper bills, statement printouts, physical mail, and other such hard copies.

The proposed rule plays right into the hands of scammers and identity thieves.

Let’s dig in a little on this.

The U.S. Department of Labor and the Securities and Exchange Commission are each proposing a rule, “Regulation E-Delivery,” that would switch from paper to digital the default way that Americans receive certain