Brands want people to interact with their products and services - because interaction can take on value as an alternative to traditional currencies - and they're constantly searching for the best exchange rate. But what's in it for consumers?

Canvas8 presents an exclusive adaptation from author and hacker Josh Klein’s upcoming bookReputation Economics, which explores how digitisation is destroying the limitations of the current financial system.

Studies show that three quarters of us are born with the inclination to make poor spending decisions - spurring the creation of Japanese money management app PhotoMoney. And while it's not the first, developers believe it's unique enough to effectively alter spending habits.

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.

As part of its Uncarrier repositioning, T-Mobile is launching into the banking business with a pre-paid debit card and banking app. But if people aren't willing to trust banks with their cash, why should they trust a telecoms provider?

Digitisation has exposed kids to far more purchase opportunities and products, so teaching them the value of money is increasingly important. Online family wallet Virtual Piggy places responsibility in kids' hands, while parents maintain control.

With smartphone adoption rising across the developed world, the global race is on to figure out what exactly the 'mobile wallet' does – and how it can improve customer experience. McDonald's is rolling out mobile payments across the whole of France.

Digital payment service Square is the brainchild of Twitter's co-founder and co-creator Jack Dorsey. In just 12 months it's transferred hundreds of millions of dollars. Now, with the release of Cash, Square wants to make it even easier to send and receive money.