Crime

Critics like Oliver Bullough or Ken Rogoff argue high-denomination banknotes only serve criminals. This study analyzes Y2K, 2008 financial crisis, and COVID-19 data, proving they're vital for emergency cash access when citizens urgently need physical money during global uncertainties and financial system failures.

Digital payments become a nightmare after losing your mobile phone, as I learned from two robberies in London last year.

Digital payments become a nightmare after losing your mobile phone, as I learned from two robberies in London last year. 

The growth of mobile money in Africa has been one of the great success stories in digital payments over the past decade. A new Interpol report has found that the industry is being exploited by organised crime groups.