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?

As technology and banking fuse, new quick and easy payment opportunities are emerging on social networks. One of France's largest banks, BPCE, is trialling a new service on Twitter that lets anyone transfer money simply with a tweet.

Every year, Ugandan migrants send $700 million back home to their families, but the cost of sending cash internationally via leading services such as Western Union averages 10-20% in fees. Tech entrepreneurs have come up with a way to get round the problem - Bitcoin.

In Turkey, popular bank Garanti is causing a stir with its revolutionary banking-on-the-go app iGaranti. As more services go mobile, the future of seamless, social money management seems likely to come in the form of smartphone integration and a consumer driven-approach.