For a generation of young Australians, traditional banking models are losing their lustre, and the financial sector is getting a digital shakedown. Whether you need a loan to buy livestock or help through medical school, peer-to-peer lender SocietyOne is offering a different solution.

Visiting your local bank branch feels like a very outdated way of dealing with your money. Bank of Queensland is ditching the teller lines and glass-windowed counters for a look that’s more akin to a coffee shop. Can this initiative help the bank build stronger relationships with its customers?

Most people will have had to make a quick withdrawal from a nearby corner shop when there's no time to find another cashpoint. But this convenience usually comes at a price; research has found that Australians cumulatively fork out around $800 million per year in ATM fees.

There’s a seismic change underway in the banking sector, with challenger brands taking on the traditional Big Five. At the forefront is Monzo, a mobile-first digital bank that’s designed with tech-savvy customers in mind. Can its clever app and round-the-clock support convince Brits to switch?