Payments and Banking in Australia: From Coins to Cryptocurrency. How It Started, How It Works, and How It May Be Disrupted.

For the first time in Australian financial history, the world of Australian payments, money, and banking systems is finally revealed, creating a learning tool anyone needing a solid understanding of the Australian financial industry.

This book will uncover:

• How the Australian payment and banking system is designed and how it works
• The assumption that banks will continue to control payments and the flow of money, and challenging that methodology
• Chinks in the financial system armour and where opportunities lie within
• The technologies and approaches discovered that disrupt and transform the current model
• Knowledge and understanding you need to make sense of and navigate this critical industry, and how it's transformation can be utilised in innovative and valuable ways

Told as a story, this is an inspiring and captivating treatise on how Australia's systems work and what lies ahead in our future.