THE INTERNET AND FINANCIAL SERVICES.(using the internet as a financial management tool...

A DARWINIAN STRUGGLE OF ADAPT OR DIE

THE RACE IS ON TO SEE WHICH MAJOR AUSTRALIAN PLAYERS LEVERAGE INCUMBENT POSITIONS USING THE INTERNET -- BEFORE GLOBAL INSTITUTIONS AND NEW ENTRANTS DO THE SAME.

Glitchy, fussy, and slow to boot.

These are the impressions of many millions of frustrated consumers and businesses using the internet as a financial management tool around the world.

As The Economist puts it, "The dirty secret of online finance is that, as yet, the technology is too often slow, inconvenient, and unreliable."

Yet