- Jan Bellens, a global banking and capital markets sector leader at consultant EY, spoke to Business Insider about what challenger banks need to do to stay ahead of the curve in a competitive field in 2020.
- Bellens said the current environment reminds him of how internet companies used to operate.
- “It’s all about customer acquisitions. We don’t need to be profitable,” he said of challenger banks’ approach. “I think that will continue. They will continue to push ads to add.”
- Click here for more BI Prime stories.