Thursday, October 30, 2014

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.

At my bank, I find myself receiving monthly statements in the mail, either for my separate accounts or my credit card. While it seems as though fewer people are using paper, I still find myself attached to this because of how easy it is to keep track of records. I like being able to look back at the mail I've kept over the year, as opposed to log online and search for such details myself. It helps a tremendous amount, especially during the time of year when tax refunds start up.

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.

Bobby Jain Credit Susise, as well as others, will be able to tell you all about how technology has been able to play into more financial matters. Bob Jain, to name just one authority, will be able to tell you about how much more sophisticated computer systems have become over the course of time. The same can be said for banking methods, in general, seeing as how checks can theoretically be cashed in through smartphones alone. While a method like this sounds hard to believe, it's one that is strong all the same.

Is it possible that paper methods will fade away in due time? I am sure that many will agree that this is the case but it's important to understand that there are still those who are more comfortable with more tangible media. One can make the argument that this will always have a place, even when it seems as though just about everyone will be focused on the Internet and its expanding capabilities. To put it simply, between paper and digital media, there's room for both.




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