British banks might have to protect cash for elderly.

BANKING AND CREDIT NEWS-June 22, 2020--British banks might have to protect cash for elderly

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Global Banking News - 22 June 2020

British banks could soon be required to protect cash for the sake of the elderly.

The nation's banks will have follow Sweden's lead to ensure that the elderly are not cut off from the payments system altogether. New laws are soon expected to be enacted for British banks to make sure the elderly and vulnerable are not cut out of payments. The move comes as the use of cash has decreased in a nation, which is increasingly moving...

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