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Cashless
[ STAFF NOTES ]
societies:
Changing times for AML professionals
Cashless societies have become less of an abstract idea and more of a tangible reality since the outset of the COVID-19 pandemic. The
lockdown restrictions around the world have significantly impacted the way transactions take place. The so-called “new normal” has left fewer opportunities to make face-to-face purchases, leading to a decreased use of cash. While it is not a new concept, COVID-19 may have just been one further push toward its materialization.
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