In a 14-country ING survey, people in Britain had the highest share of respondents saying that they added to their savings in the last year. 47% said that they were adding to savings, which is well above the European average of 34%.

From the roof leaking to a broken oven, preparing for unexpected household emergencies is the most saved-for financial goal in North America, Latin America and Europe. In Asia-Pacific, 47% of the entire population actively save or invest for this reason.

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.

Research says Generation Z, those born since 1995, are very different from the previous generation of Millennials. Having experienced one of the toughest financial crises, they are a much more pragmatic generation - 69% would rather be smarter than better looking.