Are Gen Yers splurging their cash when they should be saving? Are they really saying no to home ownership? Do they actually have no use for brick-and-mortar bank branches? Canvas8 sat down with British men and women between the ages of 18 and 35 to find out where their cash really goes.

We think nothing of using smartphones to do the weekly shop or review bank statements on the go. But with the spread of smartwatches, will we soon send cash and buy drinks via tiny computers on our wrists? Moven hopes its Impulse Savings app can get people saving rather than spending, but how?

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?

If awareness of internet security is so high, then why are we still using '123456' and 'password' to protect our accounts? Can 1Password – a sophisticated and simple password manager – be the encrypted answer for the 70% of people who regularly forget their passwords?

Apple is hoping that Apple Pay, a tap-to-pay service integrated into the iPhone 6 and Apple Watch, will help it dominate the $79.2 billion-a-year digital payments market. But can Apple succeed where so many have failed before, and truly replace our wallets with our phones?

As more critical services – from banking to healthcare – are delivered digitally, passwords are no longer secure enough for many. Innovators are turning to biometric sensors for safer, easier solutions. Now, Yahoo has come up with a novel, more affordable idea; using your body as a password.

Smartphones have transcended their status as luxury possessions – they're practically considered a necessity. So it’s probably not surprising that mobile shopping is on the up – in the UK, it's set to rise by 77% in 2015. And thanks to Barclays Pingit, now you can even pay for stuff via Twitter.

Online banking can be a pain. Passwords are easy to forget, and that tiny card reader is easy to lose. While financial institutions experiment with fingerprint verification, others track your eyes to double-check it's you. Halifax wants to go one step further, using heart rate to unlock your account.