Thoughts on financial technology

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Last Updated: Sep 01, 2018, 07:09 IST1 min
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Image:Brendan Mcdermid / Reuters You have to, to serve these markets, reimagine how money can be managed and moved, because there’s going to be more change in the next five years in financial services than there’s been in the past 30. —Dan Schulman

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Every company is becoming a tech company, and we have this thesis that every company needs to be a financial services company, too. —David Hockey

Image: Stephen Lam / Reuters Would you like to see it one more time? You may have blinked and missed it.

—Tim CookThere are worse things in life than death. Have you ever spent an evening with an insurance salesman? —Woody AllenImage: ShutterstockWe need banking but we don’t need banks anymore.—Bill Gates

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The evolving social and digital media platforms and highly innovative and relevant payment capabilities are causing seismic changes in consumer behaviour and creating equally disruptive opportunities for business. —Howard Schultz Cryptocurrencies, everything you don’t understand about money combined with everything you don’t understand about computers.

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—John OliverI saw a bank that said ‘24-Hour Banking’, but I don’t have that much time. —Steven Wright Image: Lucas Jackson / ReutersOf our 49 billion, we haven’t moved any to bitcoin.—Warren Buffett

When I was young, people lived from paycheque to paycheque. Today, it seems like they live from credit card payment to credit card payment. —Robert Kiyosaki Image: Shannon Stapleton / ReutersAt its core, banking is not simply about profit, but about personal relationships. —Felix Rohatyn The more cashless our society becomes, the more our moral compass slips.—Dan Ariely

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First Published: Sep 01, 2018, 07:09

Dan SchulmanTim Cook
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