According to "Decoding: Banks $-$ Episode $9,"$ what is the "Red Queen's Race" in the context of traditional banks?

Question $21$ options:

$1)$

A competition between banks to acquire new customers

$2)$

The need to move faster just to maintain their position

$3)$

A race to develop new financial products

$4)$

The process of updating legacy systems

$5)$

A regulatory compliance challenge