in 2019 the access to cash review warned that a cashless society would leave a tick 1000000 people in britain struggling to cope and poverty was an even bigger factor than being elderly if you are less than 10000. times more likely to be dependent on josh and if you're in over 30 not yet and not because actually gushy still one of the best ways but you think anybody offered to help the weak you've got 50 pounds in cash. and all the time. with significant numbers of elderly and disabled and low income residents rochford was an ideal candidate has an access to cash pilot scheme one idea under consideration here is to set up a local finance hub offering bank services without being tied to any specific bank brand the community it's taking ownership of this problem and providing solutions for each other we would use the hub as an outlet for those services right. triggs last remaining bank branch closed in 2017 the post office so often struggles to cope a lack of access to cash was being a drain on the town's economy and then came coronavirus of the height of the pandemic here in the u.k. a

and society accelerate a cashless society and a high price to pay. hello has been more damage from heavy rain in south korea some roads washed away but maybe the thing to notice for next 2 or 3 days is how grip it is coming into us in southern china and the remains further west is in luck which is a tropical storm commonly over north vietnam producing a lot of rain that's going to die a bag of it will carry on not sickly strong winds but with this tarantula right in there for flash flood risk across northern taiwan at least into china which means the seasonal rains don't do very much this is a line that you can follow but by i but it's not particularly heavy weather and most of charring between his right to be dry same is true of japan the same is true actually south of the soft south china sea something philippines so in a way sea we've seen showers here the last 2 days are still there trying to drift further west woods in borneo but most of borneo java most to sumatra place in malaysia looking dry and as the monsoons take you much of the moisture u

cashless society is planned which has been sought for for years if you think about it by transnational banks the i.m.f. that b.a.'s in switzerland is maggette institutions will be and should they'll be introducing a cashless society after the modern dollars reserve status and the currency collapses under aggressive inflation and mass treasury bond dumping globally which is already in procession i mean before this corona virus pandemic hit us private debt was over 150 percent of g.d.p. with corporate debt being like 73 percent and finance generally was like at 350 percent of g.d.p. completely brittle. sustainable system we had were most dad at this point will be non serviceable under a depression triggered by stay at home orders so homelessness will spike even further as will infrastructure decay plagues crime and public riots anarchy and small businesses again going away near entirely it may sound extreme but if if you were to say that there would be lockdown orders and nobody would be able to go to work let alone to their family members 3 months ago that would have sounded extreme wel

electronic banking the digital economy and now coronavirus means an increasingly cashless society the notes and coins in our pockets are being rapidly replaced by contactless bank cards and mobile phone payments but not everyone in england is comfortable with the technology paul brennan reports from essex where many want to stick to traditional pounds shillings and pence. coins and notes have been the foundation of trade for centuries and the weekly market in the town of rochford is as traditional as they come my own opinion is i think we will get to fascists and i hope we don't we don't but show is you know i don't think we can get to that. but while a decade ago 6 in 10 transactions involve cash today it's less than 3 in 10 and falling rapidly. j. mack butchers can cope with cash card and electronic. but many customers still strongly prefer cash. to give you a list of long as your arm is low as they always use cash that i won't use anything else i need to have cash in my bag every day how doubts exactly because at the end of the day oh i don't not using a car if i might be spending

will the coronavirus pandemic exaggerate the cashless society and could there be a high price to pay. and then in sport we hear from the tennis player who's been taking a shot so well number one novak djokovic. there's been a heat wave in sardinia and sicily for about 3 days now but the heat from the rest of europe has been slowly pushed out away by this cold front behind which of course the air is a little colder it's about a 10 degree drop to be quite honest difference between vienna all monday and on sunday is of the order of 10 degrees the belgrade hangs on to that heat but the difference of 10 degrees makes these thunderstorms really go up into the sky help to coast by the alps indeed as a thunderstorm morning in northern italy and slovenia as a result of that now about time we get to choose a pressure the progress be made to be ours in towards belgrade which hangs on to that heat forecast wise and specifically for that city you've got $34.00 times 20 then $28.00 with a little bit of rain coming through the averages 24 so we stay above average whatever happens through the hottest

electronic banking the digital economy and now coronavirus means an increasingly cashless society the notes and coins in our pockets are being rapidly replaced by contactless bank cards and mobile phone payments but not everyone in england is comfortable with the technology or brand of reports from essex where many want to stick to traditional pounds and pence. coins and notes have been the foundation of trade for centuries and the weekly market in the town of rochford is as traditional as they come my own opinion is i think we will get to a stage where you got fascists and i hope we don't we don't but satisfy you know i don't think we can get to that. but while a decade ago 6 in 10 transactions involve cash today it's less than 3 in 10 and falling rapidly. j. mack butchers can cope with cash card and electronic. but many customers still strongly prefer cash. up to give you a list of all is wrong as low as they always use cash though i won't use anything else i need to have cash in my bag every day how about expect because at the end of the day. i don't not using a card if i might be

in 2019 the access to cash review warned that a cashless society would leave 8000000 people in britain struggling to cope and poverty was an even bigger factor than being elderly if you are less than 10000. times more likely to be dependent on josh and if you're in over 30 yet and not because actually can actually still win the best way that what you think eboni of the dinner of the week you got 50. and all the time. with it significant numbers of elderly and disabled and low income residents rochford was an ideal candidate as an access to cash pilot scheme one idea under consideration here is to set up a local finance hub offering banks services without being tied to any specific bank brand the community it's taking ownership of this problem and providing solutions for each other we would use the hub as an outlet for those services rochford. last remaining bank branch closed in 2017 the post office often struggles to cope the lack of access to cash was being a drain on the town's economy and then came coronavirus at the height of the pandemic here in the u.k. a.t.m. usage collapsed by

when a cashless society now. so the first step was to give people arts writing where the cash was t loaded. but then you give them $600, that in one y part, you wanted n you your account. so direct deposit. so with automatic application systems and direct deposits. as fraud possibilities. there's also pressure in the unemployment system to pay benefits. in the 1970s, in california, they set the standard for timeliness of pain and ten payment. so assessing the eligibility and knowing for sure before you pay the benefit. >> why next, the massachusetts democratic u.s. primary debate. encampment senator edward faces challenger, congressman joe kennedy the third. this debate is hosted by td in boston. from institutions primary in september 1st. ... ... the senate debate for mechanics in september 1 primary grade i am john keller , political analysis for wbz. and across the country on c-span. and our radio audience on wbz news radio 10:30.

in order to trade because that becomes less traceable right i can't imagine a world where the cashless society and to be honest kristie how does this move a fact iris policy they're refusing to recognize crypto currencies as currencies when the fed is attempting to create the very same thing and then calling it money themselves well it's really not the same thing because crypto currency is what threatens the existence and the 1st place so of course they are as in effect of course they will not acknowledge cryptocurrency as that is quite a theory of any type of all quite as legitimate legal tender their competitors this new digital currency that the fed wants to develop that while it utilizes watching technology it is nothing more than just a digital representation of the dollar it's the actual antithesis of what it currently means to be a craft a currency as it is a centrally backed unit of exchange essentially basically a digital representation of the dollar that's out. really no different than the current alley bucks system which is a reward that you get on alley pay right now well very inte

we are in a cashless society now. the first step was to give people cards where the cash was loaded. that could be cumbersome. if you're getting $600, you don't want it on a card. you wanted in your account through direct deposit. with the automated application system and direct deposit, there is fraud possibility. there is pressure on the on claimant system to pay benefits --on the unemployment system to pay benefits. setfornia in the 1970's the standard for payments. there is a difference between assessing eligibility and knowing for sure before you pay the benefit. the court said even of the state has not figured out your eligibility, they can't wait forever to figure out your eligibility. they have to pay on a presumptive basis and then expect he will reimburse if there was fraud. if they are in nigeria or russia or where they are. they could be in united states. they use these automatic claims. there is a lot of effort to prevent that. that could be one of the reasons why states are bulking at some of the more co

when a cashless society now. so the first step was to give people arts writing where the cash was t loaded. but then you give them $600, that in one y part, you wanted n you your account. so direct deposit. so with automatic application systems and direct deposits. as fraud possibilities. there's also pressure in the unemployment system to pay benefits. in the 1970s, in california, they set the standard for timeliness of pain and ten payment. so assessing the eligibility and knowing for sure before you pay the benefit. >> why next, the massachusetts democratic u.s. primary debate. encampment senator edward faces challenger, congressman joe kennedy the third. this debate is hosted by td in boston. from institutions primary in september 1st. ... ... the senate debate for mechanics in september 1 primary grade i am john keller , political analysis for wbz. and across the country on c-span. and our radio audience on wbz news radio 10:30. let's meet the candidates. the incumbent, ed markey has represented the u.s. sen

i think, you know, obviously, we are moving towards a cashless or e society in terms of transactions.tainly if you look at the preferred means of payment, it is a debit card. at this point. you know, coins as an economic not, you know, is not going to be useful in the future, but how much, how long into the future that, you know, is unclear. brought up, which was also interesting is currency, right, paper money. one of the things that we saw was that in covid the fastest-growing denominations were 20's and 50's rather than $100 bills, which is counterintuitive because, if you are thinking about a financial crisis or a crisis more generally you would think about hoardimg hundred dollar bills and instead what we saw was atm money being hoarded. about newint zealand's concerned about covid-19, my suspicion was a lot of people decided they did not want to make as many trips to the atm and figured that they extra few out an hundred dollars or the 20's or 50's and spend that balance down rather than making multiple trips to multiple places to get currency. currency is still being used in th

we are in a cashless society now.irst step was to give people cards where the cash was loaded. that could be cumbersome. if you're getting $600, you don't want it on a card. you wanted in your account through direct deposit. with the automated application system and direct deposit, there is fraud possibility. there is pressure on the on claimant system to pay benefits --on the unemployment system to pay benefits. setfornia in the 1970's the standard for payments. there is a difference between assessing eligibility and knowing for sure before you pay the benefit. the court said even of the state has not figured out your eligibility, they can't wait forever to figure out your eligibility. they have to pay on a presumptive basis and then expect he will reimburse if there was fraud. if they are in nigeria or russia or where they are. they could be in united states. they use these automatic claims. there is a lot of effort to prevent that. that could be one of the reasons why states are bulking at some of the more complica