How much cash is in your pocket? With the onward march of technology, physical money now seems somewhat redundant. Paying for things with a smartphone or contactless card is simply more convenient nowadays. So with digital transactions becoming the norm, is the ATM doomed?

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.

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?