Smartwatches and payment wristbands will continue to grow within the mobile payments sector, driving more than $500 billion in transactions by 2020, according to a Tractica report.

The Dutch bank is set to become the first financial institution in Europe to introduce hands-free mobile banking by introducing a voice-controlled option within its app.

MoneyGram, a money transfer and payment services provider, has released a new mobile application that will allow users to use its bill paying service on their smartphones.

Twitter users can now buy ‘Katy Perry’s Mad Potion’, the singer’s new perfume, directly through her pop-up shop Twitter account, @katyperrypopup.

The bank has launched a new A$50m (£23.4m) fund that will invest in payments and mobile banking start-ups, as it seeks to increase its focus on ‘customer-led innovation’.

We hear about them all the time, but what exactly are micropayment? In this infographic you’ll find out how micropayment models such as Free-to-Play, Virtual Currencies and Digital Wallets are revolutionising how we spend money online.