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Which of the following is an incorrect statement regarding online banking? Multiple choice question. Paperless billing is one way online banking reduces costs for the

Which of the following is an incorrect statement regarding online banking? Multiple choice question. Paperless billing is one way online banking reduces costs for the banking industry. Part of the reason banks like online banking is that it helps reduce operating costs. Online banking is the "last great frontier" for the banking industry since it is not subject to state or federal regulation. Generally, banks favor the increased use of online banking

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