- “By 2030, however, Mr Blomfield foresees a shift back towards reaggregation in the sector. “Instead of having to maintain 15 or 20 different apps or logins, you’ll have a single aggregating financial app that then pulls in all of these different products and services under third-party brands,” he says.
- ‘To survive, banks will need to deliver services at a very high standard,’ says Mr Rothwell. ‘As many startups find, and established banks already know, acquiring customers is easy. Retaining them is hard.’”