Bobby Jain Credit Suisse: Are We Moving From Paper?

By Rebecca Mills


No one can argue with the fact that digital media has been able to see a tremendous number of advances. This goes for the field of finance as well, as you can see from the methods which have arisen in the banking industry. With more and more of an emphasis placed in digital methods, it's easy to see that paper is being relied on less and less for just about any and all endeavors. Bobby Jain Credit Suisse will be able to offer insight into this topic.

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.

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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