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It s Time For An Enlightenment On Financial Inclusion, Speech By Nikhil Rathi, UK Financial Conduct Authority Chief Executive, Delivered At PwC Glasgow For The Scottish Financial Enterprise: Extending Financial Inclusion Event

It s Time For An Enlightenment On Financial Inclusion, Speech By Nikhil Rathi, UK Financial Conduct Authority Chief Executive, Delivered At PwC Glasgow For The Scottish Financial Enterprise: Extending Financial Inclusion Event
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Access To Cash UK Financial Conduct Authority And UK Payment Systems Regulator Joint Statement

Access To Cash UK Financial Conduct Authority And UK Payment Systems Regulator Joint Statement Date 13/05/2021 Access to cash and banking services remain vital for many consumers and businesses. Our Financial Lives Survey in 2020 found that 5 million adults use cash for most of their purchases. The pandemic has led to more people becoming familiar with contactless card payments and internet shopping. The overall decline in the use of cash makes it more expensive to maintain the existing infrastructure that supports it. However, as we move out of the pandemic, cash continues to serve a socially useful purpose for many communities. Following a fall in ATM withdrawals of 40% year-on-year across 2020, withdrawals have started to increase again since restrictions have begun to ease.

Protecting Access To Cash And Banking Services - Speech By Sheldon Mills, UK Financial Conduct Authority, Executive Director, Consumers And Competition, Delivered At Which? Cash Summit 2 0 – Cash Access And Acceptance

Protecting Access To Cash And Banking Services - Speech By Sheldon Mills, UK Financial Conduct Authority, Executive Director, Consumers And Competition, Delivered At Which? Cash Summit 2.0 – Cash Access And Acceptance Date Event: Which? Cash Summit 2.0 – Cash access and acceptance Delivered: 13 May 2021 Highlights Based on our evidence, we believe that access to cash across the UK is generally good for most people. However, as the future of cash and branch banking evolves, government, regulators and industry need to play their part in maintaining good access. The Financial Conduct Authority (FCA) and the Payment Systems Regulator (PSR) are committed to protecting access to cash, particularly for cash reliant vulnerable consumers.

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