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Robo-banking.

As teller machines increase the distance between tellers and bank customers, the growing consolidation of banks will hardly be noticeable. What's Next editor Richard Watson (www.nowandnext.com) questions the future of banking if such automation continues: "The future is going to be all about

the digitalizing of banking service, the disappearance of checks and cash in favor of electronic payment means," he told a forum sponsored by Online Banking Review. "And if it goes much further, are banks really necessary? It could all be in the hands of companies like Coles Myer, Australia Post, Telstra, or Vodafone."

Source: "The Inhuman Face of Banking" by Bruce Brammall, Brisbane Courier-Mail (September 12, 2005).

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