It is imperative that technology and financial services are integrated. Financial service providers that can't adapt to technological advancements will eventually fail. The customer experience is improved by these technologies in addition to the services. Given the growing popularity of electronic payment methods, paper money may eventually become completely obsolete. These FinTech quotes will bring you to the present and expand your vision of the future of financial services if you are still mired in the past and holding onto that pin money.

 

1. “Ignoring technological change in a financial system based upon technology is like a mouse starving to death because someone moved their cheese” – Chris Skinner

 

2. “Banking has to work when and where you need it. The best advice and the best service in financial services happens in real-time and is based on customer behavior, using principles of Big Data, mobility and gamification.” – Brett King

 

3. “We’re witnessing the creative destruction of financial services, rearranging itself around the consumer. Who does this in the most relevant, exciting way using data and digital, wins!” – Arvind Sankaran

 

4. “Financial institutions must be able to deliver an easy to navigate, a seamless digital platform that goes far beyond a miniaturized online banking offering.” – Jim Marous

 

5. “Fin-Tech and banks need a cultural reconciliation: risk appetite and tolerate trial and errors” – Hugues Delcourt

 

6. “Banks have to upgrade themselves, or risk being burnt to the ground.” – JP Nicols

 

7. “The challenge for banks isn’t becoming digital, it’s providing value that is perceived to be in line with the cost or better yet, providing value that consumers are comfortable paying for.” – Ron Shevlin

 

8. “Technological innovations will be the heart and blood of the banking industry for many years to come and if big banks do not make the most of it, the new players from Fin-Tech and large technology companies surely will.” – David M Brear

 

9. “By lowering the barrier to create new digital currency applications, we will see an explosion in the number of ideas tried.” – Brian Armstrong

 

10. “People are tired of having so many passwords.” – Greg Wolfond

 

11. “If banks can’t offer something more valuable than Amazon Prime, then we’re probably in the wrong business.” – Ramy Nassar

 

12. “At the end of the day, customer-centric fin-tech solutions are going to win.” – Giles Sutherland

 

13. “The major winners will be financial services companies that embrace technology.” – Alexander Peh, PayPal and Braintree

 

14. “Millennials are the least insured generation since WWII … insurance companies are ripe for disruption.” – Mark Dowds, Trov

 

15. “People need banking, not banks.” – Ranjit Sarai, President’s Choice Financial

 

16. “Banks can partner with fintech to build an ecosystem where the size of the pie grows for the banks and third parties.” – Mike Henry, Scotiabank

 

17. “We’re talking about payments, customers care about shopping.” – Ranjit Sarai, President’s Choice Financial

 

18. “Blockchain also offers resilience against a denial of service attack.” – Greg Wolfond, SecureKey

 

19. “A well-executed user experience builds trust.” – Tom Creighton, Wealthsimple

 

20. “Experiences, not transactions; insight driven; instantaneous.” – Etienne Liffe-Moon, BMW Design Works

 

21. “An ‘inside-out approach’ [business needs first] always ends with a poor user experience.” – Tom Creighton, Wealthsimple

 

22. “Software eats expertise.” – Tom Creighton, Wealthsimple

 

23. “In a world that seems more chaotic and distracting than ever, we’re desperate to find focus.” – Etienne Liffe-Moon, BMW Design Works

 

24. “Every touch point matters; be playful; simplicity is strength; course correct constantly.” – Tom Creighton, Wealthsimple

 

25. “True AI needs quantum computing to support [it], but ‘Augmented Intelligence’ is transforming industries today.” – Pavel Abdur-Rahman, IBM

 

 

26. “Google will do with AI what Apple did with the iPhone, which will drive consumer demand for the enterprises.” – Pavel Abdur-Rahman, IBM

 

27. “Maybe we need less real stupidity and more artificial intelligence.” – Ramy Nassar, Architech

 

28. “We’re one to two years away from a machine that can debate with you on your investment hypothesis.” – Pavel Abdur-Rahman, IBM

 

29. “Big data may be cheap to collect, but it’s expensive if you don’t know what you want to get out of it.” - Ozge Yeloglu, Microsoft
30. “Too many people spend money they earned..to buy things they don't want..to impress people that they don't like”. --Will Rogers

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31. “A wise person should have money in their head, but not in their heart. --Jonathan Swift

 

32. “Wealth consists not in having great possessions, but in having few wants. --Epictetus

 

33. “Money often costs too much.” --Ralph Waldo Emerson

 

34. “Everyday is a bank account, and time is our currency. No one is rich, no one is poor, we've got 24 hours each.” --Christopher Rice

 

35. “It's how you deal with failure that determines how you achieve success.” --David Feherty

 

36. “Frugality includes all the other virtues.” --Cicero

 

37. “I love money. I love everything about it. I bought some pretty good stuff. Got me a $300 pair of socks. Got a fur sink. An electric dog polisher. A gasoline powered turtleneck sweater. And, of course, I bought some dumb stuff, too.” --Steve Martin

 

38. “An investment in knowledge pays the best interest.” --Benjamin Franklin

 

39. “I will tell you the secret to getting rich on Wall Street. You try to be greedy when others are fearful. And you try to be fearful when others are greedy.” --Warren Buffett

 

40. “Annual income twenty pounds, annual expenditure nineteen six, result happiness. Annual income twenty pounds, annual expenditure twenty pound ought and six, result misery.” --Charles Dickens

 

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