Paper & Its Lesser Reliance By Bobby Jain Credit Suisse

By Rebecca Mills


The digital realm has given us a tremendous number of advances, some of them more commonly utilized than others. Instead of having to wait for a monthly bank statement through the mail, a consumer can easily log onto a bank's website in order to find out such information for him or herself. This is just one example of why it seems as though paper-focused methods may be making room for digital methods. It's a point that deserves discussion, as Bobby Jain Credit Suisse will attest to.

As a consumer of my own bank, I still opt for monthly statements being brought into my mailbox. While it seems as though I should rely on digital media alone, I still find the idea of tangible forms and the like useful. One of the reasons for this is because I can keep better track of my records, as opposed to scour my account online in order to find what I need. For moments like tax refunds, I cannot help but feel as though tangible media should be seen to some extent.

However, I can make the argument that my digital focus has expanded in recent years. From the usage of online accounts to the purchase of my first smartphone in the past year, I cannot argue with the fact that technology has grown so much and will continue to do so. In fact, one can look at technology as a runner that's looking to reach a finish line that seems out of reach. This level progression is true in just about all facets of life, which means that finance more than deserves to be included.

If you're curious as to how technology has played into financial matters, Bobby Jain Credit Suisse will be able to offer quite a bit of insight. For one, names like Bob Jain will be able to observe how banking is done through smartphones, the cashing of checks included. No longer will consumers have to put various slips to use, since all it really takes to cash in said checks is a snapshot. It's a quick method and one that speaks volumes about far we have come from a technological standpoint.

It's difficult to say whether or not paper will fade away in terms of financial processes. No one can argue with the fact that there are still those who rely on tangible items, bank statements included amongst them. Even still, more and more people are becoming comfortable with the utilization of mainstream technology, whether it is rooted in the world of banking or not. Paper and digital methods are still important, though, and room should be shared by both.




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