openDemocracy investigation finds that international money launderers are moving into Britain’s e-money business – with the Financial Conduct Authority's official seal of approval.
COVID is killing cash. Even as lockdowns loosen, consumers are turning away from notes and coins like never before.
A survey in April found four out of five Britons – many forced to do all their shopping online – were considering new digital ways to pay.
Some are turning to ‘e-money’, with a raft of new money-handling products aiming to challenge industry leader PayPal.
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