The wearable tech trend is gaining more traction with Visa and British designer Henry Holland collaborating on a piece of contactless jewellery at London Fashion Week.

Google has completely redesigned its mobile wallet application for iPhone users, transforming it into a peer-to-peer payments service which enables consumers to manage transactions between friends and family.

Following a successful trial in a limited number of US cities, the coffee chain is now making its Mobile Order & Pay feature on iOS and Android phones available in 7,400 stores across the US.

As more and more consumers start to use prepaid cards to control their spending limits, BBVA Compass has launched a budgeting app alongside the release of its Visa prepaid card.

The venture-backed company is accepting pre-orders for its 21 Bitcoin Computer, which will allow users to instantly mine Bitcoin and even set-up their own iTunes-style goods stores.

Eileen Burbidge, one of the most influential people in London’s burgeoning FinTech scene, has been appointed as the new chair of Tech City UK, the publicly funded body that supports the tech cluster around Silicon Roundabout.