Paper & Its Lesser Reliance By Bobby Jain Credit Suisse

By Rebecca Mills


When it comes to technological advances, no one can overlook the field of finance. In banking alone, consumers can go about endeavors such as logging onto their own accounts or even cashing in checks with the ease of use associated with their mobile devices. It's because of these types of processes that, in my view, paper methods are being focused on less and less. Bobby Jain Credit Suisse, as well as others, will be able to agree that this is a topic more than worth discussing.

Every month, I receive monthly statements and the like from my bank. They land in my mailbox and while I understand that a vast number of customers have taken it upon themselves to focus more so on digital media than anything else, I cannot help but to continually utilize more tangible media. Paper, in my view, is easier to look back on for the sake of attaining notes. Whether I am looking to fill out tax returns or simply answer questions related to my account, paper cannot be done away with entirely.

With this said, though, I would be lying if I said that digital hasn't proven to be helpful in its own right. In fact, with the uprising of smartphones and other mobile devices, it seems as though we are continually moving towards a finish line that's impossible to reach. Technology will continue to grow and, as a result, stronger devices will be released in due time. These can be used for banking purposes, as well as those related to finance in general, which goes without saying.

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.

There are many who seem to believe that paper is going to be done away with before long, at least in the financial sense. Is there truth to this, though? One can say that this is the case, especially when electronic devices and digital media is general is continually relied on for just about every facet of life. Regardless, it's still important to understand the fact that, to some degree, paper and digital media have a bit of proverbial real estate that they must share.




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