Looking to streamline a prosaic part of their operations, some big banks are thinking of bringing in vendors to operate their mail rooms.

The banking industry is one of the largest sources of mail in the nation, generating just over five billion letters each year at a cost of $1.5 billion, according to the American Bankers Association.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.