Irving is a screenless ATM that requires no PIN or card due to the fact it’s got a built-in iris scanner that works in tandem with a mobile app for further authentication. This is just one in a number of innovations that are occurring in an industry-wide attempt to modernise the humble cashpoint.

What can mobile wallets offer beyond payments? How are online-only banks taking on the industry’s ‘big four’? And what would convince apathetic consumers to switch their accounts? The 2016 Expert Outlook on money explores the brands and tech impacting lending, savings and payments.

The average Gen Yer spends five hours a week taking photos of themselves. Knowing how much this group loves a selfie, and that ease is considered the most important feature of banking, MasterCard is hoping its ‘selfie’ payment method will get them snapping and spending like there’s no tomorrow.

Whether it’s splitting the bill at a bar or sharing a cab fare home, paying your peers can be an awkward hassle. Mobile wallet app Venmo is changing this with a social media-style digital payment system that lets you instantly transfer money between friends. Could Venmo kill cash for good?

London has over 20,000 black cabs and many people use public transport to get around the city. But it’s frustrating having to make an ATM detour if you’ve not got enough cash to pay the driver. Well fret no more – London's black cabs are rolling out cashless payments.

In the US, 80% of consumer spending no longer involves physical dollars, while in Britain cash use has dropped 14% in the last five years. What is driving this shift towards a cashless society? And how will we spend and manage money in the future?

Whether pinging your colleague a PDF or sending a mate an mp3, email attachments are the norm. And Google Wallet now allows UK users to attach cash to their emails, too. But in a financial landscape rife with privacy concerns, do people really want bank transfers to be as easy as sending an email?

There’s a limit to the number of things a standard ATM can do, with most people simply using them to get cash and check their bank balance. Now, Chase Bank is introducing EBKs – or electronic banking kiosks – which give people more tools to manage their money.