If they survive, the big four banks will look very different at the end of the coming decade. So will the industry structure for providing financial services.
The trigger of the looming disruption? The data revolution. It will blur what it means to be a bank, and may even render the term an anachronism.
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James Eyers writes on banking, finance, payments, regulation and emerging technologies. Based in Sydney, he is a former legal and investment banking editor at the AFR and has been a business journalist for more than 20 years. Email James at jeyers@afr.com.au
