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Sunday 26 October 2014

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.

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.

Even with my slight reliance on tangible media, I'd say that my focus on digital media is far stronger. I can say this with confidence, especially after having purchased my first smartphone in the past year. I enjoy the fact that technology continues to grow without a true end in sight, almost like a goal that cannot be reached but companies strive to work toward all the same. Technology, as you can imagine, has played into various facets of life, finance being one of the biggest fields to consider.

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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