To understand the dynamics of the global AI industry and the role both China and the U.S. are playing in this highly contested sector, CGTN Digital's International Editor Abhishek G Bhaya spoke with Richard Turrin, the author of the best-selling "Innovation Lab Excellence" and soon to be published …
Banking
Financial innovation in China: leading the way and one eye on the future
In a wide-ranging interview, award-winning executive and fintech expert Richard Turrin spoke with Efma's Boris Plantier about the state of innovation in China and how the government there has been truly forward-looking in its technology promotion. Read Efma article in full …
Ep #294: Creating Digital – Ready Or Not! – with Richard Turrin
In this episode of the ShiftShapers Podcast, host and Chief Transformation Strategist David Saltzman sits down with Richard Turrin, independent fintech, AI consultant, and author of “Innovation Lab Excellence: Digital Transformation from Within” to discuss what an “Innovation Lab” is and how it …
Do Banking Execs Have It All Wrong With Innovation Labs?
Somewhere along the line the ideal for banking innovation labs morphed into a variation on the aerospace 'skunkworks' idea. Should financial innovation be about inventing things and producing code? An expert on innovation labs says their proper role needs reinforcement to help them produce results …
Neobanks Can’t Fight the COVID-19 “Flight to Quality.”
COVID-19 is catching Neobanks in the middle of a coronavirus induced "flight to quality." Investors are moving capital away from risk and toward the safety of larger incumbents. Preliminary figures from the Federal reserve show large cash movements into the larger incumbent banks, perhaps based on …
Podcast: Innovation in Financial Services, China’s Fintech Innovations, CBDC
Great chat with Tristram Waye that covered some critical elements for Innovation in Financial Services. One of my more fun podcasts because Tristram is another innovator who asked all the right questions. Topics include everything from my own career as an innovator, best practices, what really …
Do US Neobanks Spark Joy in their Users? AI Gives us the Answer
It’s a good time to take a hard look at US neobanks following up on my hard look at the UK's challengers some months ago. Is the new banking revolution all that it’s made out to be? And what about the traditional banking incumbents – are they making good on their promise to exploit digital …
Fintech’s Pawn in the Geopolitical Game, Thank China.
Something amazing has happened in the fintech domain – and it seems to have occurred with little fanfare. It’s almost as though the industry would prefer to ignore it rather than celebrate its arrival. To back up a bit, fintech is celebrated as the driving force in providing banking to the …
Libra Tipping the Balance
I have been relatively silent on Facebook’s plans for its game-changing Libra currency. In part due to summer holiday, but also because I wanted the dust to settle a bit before commenting. Libra is certainly a massive undertaking and whether you like Facebook or not, you have to at least give …
Pay Me! WeChat on Fire, While GAFA Stews
So, GAFA (Google, Amazon, Facebook, Apple) payment systems are back in the news again with Amazon’s pending entry into the market. Much like a trendy restaurant opening, the anticipation is palpable. And tables will book, given that one-third of Generation Z consumers (projected to account for 40% …
Honored to be Selected for Lattice80’s Fintech Singapore 50 – Top Influencers
http://www.lattice80.com/lattice80-fintech-50-singapore-top-influencers/ Click link to the left for article and list. From the Lattice80 Article: Singapore has long established itself globally as one of the most active hubs for fintech and innovation, a true Asian and global leader. This …
Crypto Theft and Credit Card Fraud Compared: Do you know what’s in your wallet?
Another day, another crypto exchange hacked. Maybe it’s just me but something is seriously wrong if the payment system of the future is being plundered with such frequency. I needed to see for myself what these losses really meant in terms of my crypto trading and what I found was rather …
China’s Digital Currency Revolution