Money Summit took place as part of Web Summit on 5 November in Dublin. Five tracks covered crypto currencies, payments, personal finance, fraud and financial services.
Below you can find five inspirational quotes from some of the speakers and panelists. If you check out #moneysummit you can find thoughts and comments which were tweeted by the audience during the conference.
"Banks have problems with understanding experiments. This problem is related to the management structure. It needs to be solved so that data-driven approaches can be introduced." (Jane Zavalishina, CEO of Yandex Data Factory)
"Our key marketing message: Getting people to understand that they are ripped off." (Kristo Käärmann, Co-founder of TransferWise)
"We trusted data similarly to mother’s home cooking, but today we have street food. Classification isn't trivial and crap needs to be distinguished." (JP Rangaswami, Chief Data Officer at Deutsche Bank)
"The lack of trust in the traditional banking system is an ideal ground for disruption." (Yoni Assia, founder and CEO of eToro)
"Companies that have active social media profiles have 18% improved delinquency rates on lending." (Rob Frohwein, co-founder and CEO of Kabbage)