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Rich Turrin

Industry Leader in fintech and digital transformation

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Proud to be a Top 10 Twitter Influencer in Financial Services; also check out the wonderful compliment!

Posting on social media is at times a thankless job! Every once in a while I get a lovely compliment or win something that keeps me going! Here are two examples! First the NodeX Graph Gallery rated me a Top 10 on Twitter in the financial service sector! The graph represents a network of …

By Rich Turrin

Financial Brand: Commentary on CBDC

Always love working with my friends at "The Financial Brand!" Here providing insight on CBDCs for two different articles Will 2022 Be the Year Crypto, Stablecoins and ‘CBDCs’ Take Off?   Richard Turrin, an American financial consultant and author based in Shanghai, and the author of …

By Rich Turrin

Business Standard interview on China’s digital yuan

  Thank you to Vikram Gopal for this wonderful interview with India's Business Standard! This is a beautifully produced video with a great transcript of the Q&A that can be found in the article below and  more conveniently below the video: Business Standard article with Q&A …

By Rich Turrin

Digital Yuan e-CNY App Review!

China’s new digital yuan or e-CNY App by the #PBOC earns 5 stars out of five in my review. Hey the new digital yuan app is simply wonderful, and it's not just me saying it. The app scored a 4.4 out of 5 in China's Apple app store! The question that needs to be answered with the e-CNY app is: …

By Rich Turrin

Tech Buzz China Podcast on China’s Digital Yuan

Talking China’s digital yuan with Rui Ma on Tech Buzz China! This Live Cast was a real blast because Rui is a China expert and her questions were spot on! If you don't listen to Tech Buzz you should. Listen to Rui’s observation and question at 16:45 it's just PERFECT! My answer also shows why …

By Rich Turrin

China’s e-CNY pilot to boost Hong Kong as offshore yuan trading center

Thank you to Timmy Shen from Forkast.news! China’s e-CNY pilot to boost Hong Kong as offshore yuan trading center “The link between the e-CNY and HK’s FPS system provides our first example of how the e-CNY can be used to link retail payment systems,” Richard Turrin, a Shanghai-based fintech …

By Rich Turrin

Article: China’s digital yuan is not death knell for Alipay and WeChat Pay

Delighted to contribute this article to the South China Morning Post. Link here: China’s digital yuan is not death knell for Alipay and WeChat Pay China’s digital payment market is big enough for the e-CNY, Alipay and WeChat Pay to survive and thrive alongside one another The digital …

By Rich Turrin

The Digital Yuan Goes for Gold at the Olympics

Interest in China's digital yuan peaked at the Olympics with much of the world taking a detailed look for the first time.  As you can see from the different geographies represented by these articles, curiosity about the digital yuan was genuinely global. Let's take a look at quotes I contributed …

By Rich Turrin

China Big Tech’s “New Normal” is no “Wild West”

China big tech's “new normal” is no "Wild West" and those days are never coming back with the launch of China’s new “State Anti-Monopoly Bureau.” In this interview on CGTN Europe I talk about the goals of China’s new Anti-Monopoly Bureau which has now been upgraded to “Deputy Ministerial” status …

By Rich Turrin

The Caribbean “America’s Backyard” Will use the Digital Yuan

The Caribbean used to be called “America’s backyard” now it's China’s so don’t be surprised when they use the #digitalyuan! “The dollar is the largest currency used in trade there’s no question about it, but what we can question is whether the dollar is the easiest currency for developing …

By Rich Turrin

Olympics: “There are Zero Security Risks to Using China’s Central Bank Digital Currency”

The Olympic games are upon us and China's digital yuan is increasingly in the news.  This is all part of the PBOC's "coming out party" for the digital yuan.  An attempt to win technological gold for being the first major country to launch a CBDC. It remains to be seen what the reaction to China's …

By Rich Turrin

China’s CBDC will Impact Australia’s Trading Partners

Great honor to speak with Australia's leading financial newspaper the Financial Review! There is a sense in Australia that a CBDC isn't necessary.  This may be true, but there is great concern that APRA is not factoring in the impact of regional CBDCs on trade.   Richard Turrin, author …

By Rich Turrin

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CASHLESS
China’s Digital Currency Revolution
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