Rich Turrin
Industry Leader in fintech and digital transformation
Always delighted when Cashless is reviewed in foreign languages, here in Dutch! Translations from Google Translate: “The author is very optimistic about the geopolitical context of the cashless future.” Highlights: Both the cryptonerd and the interested layman who want to read how advanced China is in this area and what we can learn from …
Learn what the Fed is doing with Stablecoin and CBDC in a 5-minute clip from a great sit down with Peter Kerr, on the Yieldstreet Podcast! We covered a lot of ground on CBDC! And I think it’s a great interview with great energy, and I gave much better answers than usual! Frankly, I’m not always at my best, …
China internet’s “Wild West” days are over as China gets out-front with the new data laws that will lead to a better long-term future —brace for impact in the short-term. This interview covers only a few brief points about China’s new data laws. There’s a lot that couldn’t fit into a 3-minute piece that is …
China’s CBDC has spurred China’s banks to innovate, they are not asleep and are moving at a pace that Western banks would envy: “But that progress hasn’t been without its difficulties – Turrin explains that some of China’s banks were initially rather resistant: “Banks have now been shaken from their slumber. And they …
“Key to the development of China’s CBDC is not leaving anyone behind,” and I am grateful to @Stephen Cole and Sophie Nicholson of “The Agenda” for helping me get the message out! Stephen asked great questions about China’s CBDC but the most important of all was about financial inclusion: “China’s key breakthrough in FinTech, says …
Mr. Open Banking and the podcast on banking in China that you shouldn’t skip. Am grateful to Eyal Sivan, aka Mr. Open Banking, for having me on the show which had a decidedly different focus than most. While we cover the disruption of digital payment in China we focus on how it impacted banks. Here’s …
Thank you to Guan Xin anchor of CGTN Biztalk! This is a full half-hour program covering China’s new central bank digital currency. Delighted to share the program with my new friend Zhang Xiaoyan from Tsinghua University. In 2014, the People’s Bank of China set up a team to study digital currencies. After seven years, digital …
One of my most passionate interviews yet where the answers are fast, furious, and on occasion funny! Thanks so much to Abhiruk Bhattacharyya and TheCoinRepublic for the opportunity to talk about CBDC, cryptocurrency, and financial inclusion. Big topics that will impact us all! What’s inside: 00:00 How did I get to China? 04:30 How did …
Great to participate in SWIFT’s Inside Innovation Conference! A big thank-you to SWIFT! My keynote “The big picture: Financial services in 2030” focused on one theme, how the innovation center of gravity is moving East. There can be no argument that fintech is huge in all of Asia, not just China. This 20-minute presentation highlights …
Great pleasure being interviewed by Rick Huckstep from Wiser! “Two weeks of tech in a 10 minute read” Rick read “Cashless” from cover to cover and loved the book. Am grateful for his support and fabulous review in the Wiser Newsletter There is nobody better qualified to tell the story of how China moved the …
Link here: Banque de France trials CBDC as governor warns of digital yuan threat By Lewis McLellan 01 Jul 20214-4 minutes France’s central bank governor sounds the alarm over the risk facing European monetary sovereignty posed by digital payments infrastructure, particularly the one being set up in China The governor of the Banque de France, …
Article link: Ant may be more relevant to China’s banks than ever Jame DiBiasio 9-12 minutes 6/28/2021 Ant Group, the fintech arm of Alibaba, may be losing its grip on a lucrative lending business as a result of a regulatory crackdown that began with the November 2020 suspension of its Hong Kong IPO. But …
Aricle link: https://lynk.global/insights/china-digital-yuan-how-will-it-decide-the-future-of-money China’s Digital Yuan: How will it Decide the Future of Money? By Pamela Lin 20 MAY 202110-12 minutes In China’s southern tech hub Shenzhen, 33-year-old reporter Sally Zhou got to test out what is said to be the next financial disruptor – a digital currency issued by the People’s Bank of …
Link to article https://kr-asia.com/ant-group-searches-for-direction-in-a-new-era-of-chinese-fintech Article: Ant Group searches for direction in a new era of Chinese fintech | KrASIA 10-12 minutes 5/20/2021 Ant Group’s USD 35 billion dual listing in Hong Kong and Shanghai last year was set to be a coup for the country’s tech sector and capital markets. Yet, Chinese regulators decided to …
Link to full SCMP article here. https://www.scmp.com/tech/policy/article/3134625/china-bitcoin-mining-huobi-suspends-domestic-bitcoin-mining-amid-global Thanks to Yujie Xue! Article text. China bitcoin mining: Huobi suspends domestic bitcoin mining amid global sell-off, wider Beijing scrutiny Yujie Xue Beijing is ramping up the pressure on bitcoin miners amid growing green ambitions and rising concerns over the financial risks posed by cryptocurrencies Cryptocurrency mining operations …
What will China’s digital yuan mean for Alipay and WeChat Pay? Alison Tudor-Ackroyd 10-13 minutes China’s e-payments ecosystem is set to step up a level of sophistication as the coronavirus pandemic and deteriorating US-China relations hasten Beijing’s plans for a digital fiat currency; potentially complicating a landscape dominated by Alipay and WeChat Pay. The central …
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 “China’s Digital Currency Revolution”.
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
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 creates significant impact to companies which embrace it. He goes into further …
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 for banks and credit unions. Read the Article:By Steve Cocheo, …
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 the belief that they are “too big to fail” …
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 constitutes an innovation lab, China’s fintech innovation and CBDCs …
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 …
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 unbanked, lowering brokerage fees, generating …
