What is the relationship between risk and trust?

Categories : Customer and Users of Digital Payments, Risk and Risk Management

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Trust is in decline globally. A total of 20 out of the 28 markets covered in the survey fall into the category of distrust (meaning that average trust in businesses, governments, non-governmental organizations, and the media in those markets is below 50%). Meanwhile, 7 in 10 respondents said that building trust is the number one job for CEOs, ahead of developing high-quality products and services.

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