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.

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.

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.

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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