However, given the good growth in reserves and the fact that the liquidity and buffer tranches were sufficient to cover both known and unexpected outflows, we started to increase our risk appetite by setting the investment tranche to target higher returns. Of course, shortly thereafter, in 2008, the global financial markets would be roiled by a global financial crisis.
On the other hand, banks are continuing to collect smaller-dollar checks in paper form, using physical transportation networks, because the value of collecting these smaller-dollar checks faster does not justify the cost of doing so.