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Banks face losing market share to start-ups

Big banks beware. Your “insane” profits – estimated at $29 billion this year – are in the sights of some of Australia’s most ambitious technology entrepreneurs.

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Big banks beware. Your “insane" profits – estimated at $29 billion this year – are in the sights of some of Australia’s most ambitious technology entrepreneurs.

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James Hutchinson writes on Technology specialising in Technology Companies, Enterprise IT, Telecommunications. Based in our Sydney newsroom, James has over 5 years experience as a journalist. Connect with James on Twitter.

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    Original URL: https://www.afr.com/technology/banks-face-losing-market-share-to-start-ups-20140617-jgt7p