w. crime fighters are back with the africa's most successful radio drama series continues from the olympus odes are available online. and of course, you can share and discuss on d, w, africa's facebook page, and other social media platforms, crime fighters, tune in, you know, what do you always carry with you? your smartphone keys and some cash or keys, a smartphone and credit card. germans are increasingly split on this one and cash was long came here. but more and more people are switching to credit and debit cards in part due to the coronavirus crisis by car contactless. oh yes. look i card. but i know you and me. i'm someone who prefers cash because it

gives me a better idea of how much i'm spending. but because it 19 has changed that now i pay with plastic tops. i'm almost, you have to ask yourself, why do people want to abolish cash? so some banks and their backs on cash completely, they don't have any brick and mortar branches or a.t.m.'s by the cashless payments are on the rocks. but experts are warning we're paying with our data. he's a monster. google facebook, twitter interface is not surveillance capitalism. cash is competing with electronic payment systems. could it get knocked out of the ring? of former head of interpol says it would be risky to abolish cash completely. what happens if the russians switches off their system? i'm no good parents. the coronavirus pandemic has

polluted cashless payments, who's profiting and what price are we paying tax tax for? should just be a life without bills and coins? what might that be like in scandinavia? it's already a reality. i decided to take the ferry, hire a car, and go and find out. it seems safer to me than flying in light of the coronavirus pandemic in denmark, norway, and here in sweden, in particular, cash has practically become a thing of the past. the 1st thing that i do after arriving is go in search of an a.t.m. in sweden, that's not so easy. there are few and far between and then when i go to the newsagents to buy some water and peppermints, i'm told i have to pay by card. do you

think i'm going to meet till a german who's been living in sweden for many years and who works at the university? he can't quite remember the last time he actually held up bank note in his hand. social distancing has become a habit for me, but my attempts don't really work here. at the moment, few people in stockholm are wearing face masks. either. we're going to tills, favorite bakery, which has everything apart from a cash till. what shall we buy? i recommend they're good here. what are they saying there? cinnamon buns made with cardamom, mccallum. i can really recommend them. ok. you know what? the cost cuts are pastries in a box and i get out my card to pay because he hasn't got a cash to look us is surprised at my surprise. used to see germany.

yes. you guys in germany still many cashed up, but i want to live well, good for us. so people use food, i guess, and they trust that somehow. i'm they not everybody house. everyone has a card. the debit card, credit cards. the bakery's typically cannot pay by card, which is really, i mean for me living, you're very annoying. going back to germany. yeah. ok. i'm now stuck and i have to go on walk around, got about 5 blocks of a good night. you know, you can give me 5 any progress. and i mean where it's anything you can have as much money as you go like it's a play or anything. you know? sure. lucas says that having no cash in the store is much safer. if i can be completely cold and those that were considered to be, if you want to steal over the problem for the good no robots, i'm sorry that you have your say. so you don't approve the child to grow up with

cash. i don't need you use those funds, at least when it comes to paying people keep their distance. we take our pastries and go on our way to would like to buy some strawberry at the market in germany, paying by cash would be the only option not to run for 30 there. but till does it the swedish way, he just has his mobile phone with her. so he's going to use the payments app called swish. it's a much used swedish mobile payment system. it transfers the payment to the traders, phone number or q.r. code. a pop up graphic of a bursting bubble confirms it's arrived and then you can in doing what's the bible for us? it proves it's not just a photo, but i'm actually sending him the money. i'm impressed,

but it's not the quickest way to buy strawberries. it does take time. i just go from that side. oh yes, it does. go on. but i think you and the swedish banks and payment services have almost based out cash completely. most banks don't provide cash anymore. it's too much trouble and paying with smartphone apps is booming, especially among young people here. transferring money from one mobile phone to another is as easy as sending a text message or an e-mail. here, money has become merely digital information. this also means that swedish electronic payment systems can track most people's financial transactions. big brother is watching you until can keep tabs on his kids spending. behavior of course, still doesn't give his 2 children their pocket money, cash. it's all digital the system gives

them a good idea of what his son miles is buying with his allowance of hours can either concerts or i can see every transaction and the stores that he's visited, plus the times of purchase and the sums he spends you trying to see and do you see how much money your house rises? i don't know how, but that does, he can see how much money i have to get a few kind of sense. if you have money left over, as it is us, this is just for a shot. i know that i have some money left when, but when i buy something for more than 20 krone, i kind of get the feeling that i shouldn't be doing that. it's my society. yes, that's quite good. i saw that you stayed under 20 most of the time in june. but you went shopping pretty regularly. i don't know if you can see that really every purchase is listed. i'm still in this one that tells daughter lu only pays by card

and occasionally uses a mobile app so your dad can see what money you're transferring and what you buy host going. now what i think he can see where i shop, but not what i buy with the bank card. after i cut and that doesn't bother you. we know this at the moment, but in a couple of years, i realize my cash isn't much use here in sweden. and i wonder if even be able to spend that from now that i withdrew. but then i come across a little tie, eating place in the countryside, where the owner is kind enough to let me play with real money right now because it is sweet in the shape of things to come up. you chair, in which cash is a thing of the past, and every payment for everything we buy can be traced and tracked.

in germany, things are changing dramatically. since the emergence of the coronavirus, the number of people paying by card has increased by 26 percent. is germany following sweden's lead. i want to ask not on the move, a harvard lecturer and research analyst at deutsche bank. the french economist has conducted a study recently on the subject. do we have to say goodbye to cash yet? but what, when the, just since the beginning of the year on his fisheries. since the chronic crisis came, gushing 2nd edition as diffusely increased, because it's wants to know that the safe event stalls that you and hallway very frequently don't guess as a means of payment. it has definitely decreased less honest. people buy gas in

december, a failure of people used to become tech less in germany. and today i'm no his most know he's 50 press on up you got the case many germans are abandoning cash and switching to hard payments because of the coronavirus. other countries have gone even further. south korea, china, we decided to call, untied an event, destroyed bank notes. and just one more example is the us defendant decided to crown dine bent nuts coming from is to make sure it was seen as it's reasonable. the risk is very low, but very personal of you. how do you pay everything by contact lists and to see the same? and i mess that that i should be putting cash into

quarantine, burning bank notes, going cash free. it all sounds a little crazy to me. is the virus changing our behavior? just to sense the spread of i've got used to paying by card stuff. i used to always have cash on any. during the pandemic, it's recommended we pay by card greater risk of catching cold and if you use cash but is that really true? in berlin, i'm going to meet one of germany's top money men, executive board member of the bundesbank responsible for cash management. i want to ask your highness, bam, on whether bills are coins can spread coated 19 and whether germany as likely to go cash free and on time soon he says many people are

afraid that cash could carry the coronavirus and see it is risky. what do you think is there research on this? i would say that's been sufficiently disproven. if you look at the banks, like the 5 euro or 10 euro bills here, which aren't particularly heavy circulation, and they have a special coating. we know from research that bills and coins don't play any role in the spread of infection. stopped using $500.00 euro bills last year, critics call them impractical. they were also linked to corruption and money laundering. is that the crux of the matter? there's an initiative called better than cash that's calling for cash to be abolished. they say slush funds are a problem for money laundering. big sums that aren't declared to the tax authorities or the state i'm stopped by most of course we

have to combat money laundering, tax evasion, and the financing of terrorism. and i think cash has to be monitored as should other payment methods that we have to ensure that. but i don't think that this will vanquish the underground economy and question the shop and your trust as i asked them on a cash has seen its day. he says he doesn't believe that cash is about to be replaced by cards or mobile apps any time soon. it's estimated that the german state loses up to $10000000000.00 euros in tax revenue each year as a result of cash in hand payments. one particular problem, the high cash turnover in the restaurant business community senator complained in 2019 that up to 80 percent of revenue in this sector was not the clear to the tax authorities with her organic produce and great location

doesn't need to resort to low wages, cutthroat prices and cash in hand, amos, but she knows these practices aren't uncommon in our trade. as a swats group, it goes like this. i implore you to work on a $400.00 euro a month basis with 0 tax or insurance deductions. in theory, you should work 40 hours a month for 10 euros an hour. but in actual fact, you work 40 hours a week and get paid $400.00 euros a week. cash in hand. but you only registered as having a $400.00 euros. jump with the author, it made it so. so the state loses out. yes. when i buy my french fries at a budget supermarkets, and i don't declare that either. how do you mean? well, i buy them, but i don't submit the receipt as an expense. i throw it away. so the tax office can't estimate what you might have earned. that's right. they don't know what amount of french fries i'm selling. electronic cash tills,

mandatory receipts and other types of monitoring are helping to eliminate such practices. zebul pays our employees more than the minimum wage and it's all above board. and fewer and fewer of our customers are paying in cash while just a year ago, only one in 10 payments were by card. now it's almost one in 3. she welcomes the development. but sigh and cash payments were real boon for us. there aren't any disadvantages. we don't have to gather up the cash and take it to the bank every evening. that's become far too dangerous and you can't give anyone the wrong change . we're glad when people pay by card, to be honest with us, to automate cut of science because whenever i pay by card, i leave a digital footprint for every beer and back of french fries put out by. but who's interested in this information and why?

and what repercussions does that have on our everyday lives? the others, university of economics and business is the largest university of its kind in europe. for many years, professors are crushed, become man has been researching how our financial data trails are observed and analyzed. she says, credit card information and data from electronic payments are feeding an industry of data brokers. could it happen on time when we know that credit card companies pass on this data? in the meantime, they can observe everyone in real time via all the digital media that they use to create large scale profile as how it's almost become normal to have surgery, 240000 pieces of data on each person. and with this high resolution history, they know what you do, the routes you take, what you buy, what you pay for way you go on vacation,

how much you pay. they know it all. human. that side is how much alcohol you drink . how much alcohol you drink, you can calculate those kinds of things to you, and so much information to the highest bidder that we've analyzed. for example, how oracle blue can i, has described collecting 30000 user attributes from $200.00 data vendors, which would allow them to create the profiles of $700000000.00? well, that's probably the entire western world, and best in her bed, think of the entire western world. and if we look to see who's providing that data visa master card, or axiom google, facebook, twitter interfaces that surveillance capitalism. surveillance capitalism involves hundreds and thousands of companies with data exchange agreements working together

behind the scenes. as a result, data about our payment behavior is increasingly determining our everyday lives without seeing or comprehending what is going on. we can feel the effects, not just when we are shopping. i do ordinary people, people who are quite similar to each other might find themselves paying different prices for flights, hotels, all kinds of things or they might be refused insurance or passed over for a job offer. or they might find all those negative things happening to them and put it down to bad luck all fakes. when in reality, it's the result of databases making some sort of prediction about them. and people behind the scenes are earning money to create these profiles of people. it's disgraceful the payment technologies are developing rapidly

while we feel that we are at the cutting edge here in europe, if we pay by smartphone app in china, chinese and u.s. companies are testing smile to pay facial recognition technology to get into the storage facial scan lets you enter a store and paying for goods a i can recognize the person and their credit rating, but it can do more also detect emotions and social affiliations. it can also tell whether someone is under stress or might be coming down with something. and then is it, i'm let him, but if i pay with a smile and i start to connect a smile linked to economic transactions, then this habit will also leave its imprint in my real world. this is why i don't think we really want those kinds of associations to develop a society and social interactions would become subtly commercialized. comments he's speak among would

like cash to be retained and not only for data protection reasons. this told us that it's not how it can be rapidly, no town to ask mit systems. it's a matter of security. we need a concrete backup. we still need cash for security reasons. one, as pain becomes increasingly easier, contactless and perhaps more hygenic. we're giving away more and more information about ourselves. i'll probably never know exactly what companies know about me. why are banks interested in what i buy? where and how much? i'm going to visit and $26.00 and up and coming mobile bank to find out the berlin headquartered app. only bank is growing rapidly, but it's already faced a fine for breaching data protection laws. as well as criticism from germany's financial regulators. china's tech giant 10 cent owns

a big stake and 26. i mean in georg how a general manager for germany, austria and switzerland, because i want to ask him whether smiles of pace will be coming to us anytime soon . just to see it. i'm guessing at the moment, i can't really see that smile to pay or other chinese products will take hold in germany. but other innovations will be introduced into the german market. it's quite clear that cashless payments are on the rise and is down for much of the n. 26 prefers to let other banks student things like keep the reserves of cash and face to face customer service and maintain brick and mortar branches tool. the fin tech startup is a digital bank. the company would like us to use our mobile phones to manage our finances. and once you can see it right off the shelf,

how much did you spend on clothes shopping? how much did you spend on insurance this month? or on eating out was hard. what were your household expenses? do customers feel that their spending behavior is influenced by this? that's a hit was i can comment to get. when you pay electronically, you can monitor more closely what you've spent. then when you pay by cash, say a month after you've spent 50 euros in a shop and you no longer know what you spent that money on. if you, if you make an electronic payment, you know exactly what you bought last april. that's nasty. data protection is important to the e.u. . do you as a bank share that concern that we give the customers this data? if it's an automated process, that means that none of our employees see this data. it can only be accessed by our customers was engaged. you being able to manage your finances better

does sound like an advantage, but doesn't really matter to me what i spent, where last april and i'm still worried about what happens to my data and who has access to it. the berlin company called bought solid d. is taking a different approach. it offers a modern payment system that doesn't leave behind data trails. the name might mean pay by cash, but it's not as old school as it sounds. rather, it's a kind of digital analog hybrid, not everyone who wants to pay by cash is tech averse. to get this all kind of there's a big group of people who want to use cash in a digital context because they don't want to reveal their personal data online. cash has many advantages. it's flexible and anonymous. i don't need to own a car. i don't need to be a customer somewhere with the management of so me

a world without any cash. that would mean that europe and germany would be dependent on 2 big us credit card companies that control all our payment transactions. do i really want that? so how does parts of the n.t. work, for example, it works by a certain store, so it doesn't matter if i want to pay for an online purchase, or if i want to pay an official bill or receive money, for example. or if i want to pay money and so my bank account or get money out of my account that i always receive an encrypted barcode that i used to get money or make a payment. the bar code stipulates how much money is paid in or paid out. it doesn't involve the transfer of any account or credit card data. and a fresh bar code is generated for each transaction. is up awkward, but you just stay on this barcode on the cash till and then the shop assistant will

give you 50 euros. for example. in this case, it's a withdrawal from my checking account. but it could be a reimbursement for a return pair of shoes that i bought online or a credit for my electricity bill. and i could also use it to make a payment to pay for a parking ticket. for example, that you can't tell from the bar code what transaction i've made. the information isn't passed on to 3rd party. and that by typing in cash is a way of stopping everyone from knowing all our business. even in cash pre-sweetened, there are a few people who want to keep bills and coins beyond eric's son opposers going completely cash free money making the former

interpol president is acquainted with the underground economy, cyber attacks and money laundering. and he still battling for the retention of cash . i'm for cash as an option, not as an openly which is a major difference. they want to have a monopoly. i want to have a possibility. some people can dean with these martin did a lot system. it's about 1000000 people in my county, and they are looked at as profitable. just leave them. i don't like that up a society. what happens if russians to off the system. we have a new defense. how do you defend yourself if you just have this course that doesn't function cache support if an option which young people is what they see in china and nations where you use these 2,

true us citizen. because if your have a system with cod, you have a technology of cameras, you have a technology, artificial intelligence, really going to be checked. young people don't like that. erickson also believes that it's important for digital natives to have access to cash. and he's annoyed by the fact that it seems the coronavirus is being used as a pretext for the switch to a cashless society. there is no proof whatsoever that cash is carrying that type of threat. it's people saying we cash because we cause it's respect. but these type of arguments for me, it's not particularly impressive. erickson tells me that sweden has passed legislation obliging banks to provide certain cash services from 2021 to

struggle between cash or card payments has become fiercer due to cope with. electronic payments are easy, quick, and feel safe for banks and payment service providers, lucrative. the data broker industry is in turn, making huge revenues and penetrating our minds in ways we rarely suspect. for me, cash represents a form of freedom. a freedom i'd like to pass on to my children for their digital future.

to get cox in for the top of the show defeats have temperament classically, singlehandedly are going to tell the story. are getting mind set stocks in the 1st leg of the season are good 30 minutes on d w.

this is data. everything is live from berlin, tree weeks after the election. there's a green light for the presidential transition in the us. a federal government recognizes joe biden, as the apparent winner of the vote is tame can now get started on the handover process that was told by the trumpet, ministration, also coming up another promising breakthrough in the race to roll out a covert. 19 vaccine. astra zeneca says it's back saying could be 90 percent effective and isn't has many advantages over bridal formulas.