More than three in four Malaysians have attempted to go cashless and almost all are now familiar with contactless payment systems, according to a study from global card issuer Visa Inc.
…what is clear is there has been a dramatic rise in cybercrime and online fraud that businesses will need to be vigilant of since the outbreak of COVID-19.
Even now doing shady business in briefcases of cash is seen as old-fashioned. Criminals will always find ways to make their cashless transactions appear legitimate and not trigger alarms.
Judging by the increasing number of nft project rugpulls that turned out to be wire frauds, not even these supposed blockchain thingamajig can be trusted. Criminals gonna incriminate.
https://www.northrow.com/blog/will-a-cashless-society-be-the-end-of-financial-crime
Even now doing shady business in briefcases of cash is seen as old-fashioned. Criminals will always find ways to make their cashless transactions appear legitimate and not trigger alarms.
Judging by the increasing number of nft project rugpulls that turned out to be wire frauds, not even these supposed blockchain thingamajig can be trusted. Criminals gonna incriminate.