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Rich Turrin

Rich Turrin

Industry Leader in fintech and digital transformation

  • Author
    • Cashless – Chinas Digital Currency Revolution new
    • Innovation Lab Excellence
    • Insurtech
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    • Innovation Lab Audit from the ground up
    • Cashless China and the CBDC
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  • Consultant
    • Innovation Lab Audit from the ground up
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    • China’s Central Bank Digital Currency (CBDC)
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China

Geopolitics in Conflict Show: China’s Plan For Technology Dominance

October 14, 2021 by Rich Turrin

“Assuming that China can’t do something is a really bad bet to make” Rich Turrin 9:02 This interview is simply the best I have ever done if you want to learn about modern China and where it’s going. It is less focused on CBDC but covers geopolitical issues and what life in modern China is …

Read moreGeopolitics in Conflict Show: China’s Plan For Technology Dominance

Interviewed by Forkast.News: Digital yuan could come to overseas users to challenge dollar dominance

October 14, 2021 by Rich Turrin

“China’s CBDC will give users large and small access to a digital ecosystem for global trade, making transacting with China as easy as buying on Amazon or Alibaba,” Richard Turrin, a Shanghai-based fintech consultant who recently published “Cashless: China’s Digital Currency Revolution,” told Forkast.News. Digital yuan could come to overseas users to challenge dollar dominance: …

Read moreInterviewed by Forkast.News: Digital yuan could come to overseas users to challenge dollar dominance

Cashless Review: “a book that needed to be written……the right person to write it.”

October 14, 2021 by Rich Turrin

Grateful to Simon Cocking and the Irish Tech News for this beautiful review of Cashless! Irish Tech News Review of Cashless Cashless: China’s Digital Currency Revolution, Richard Turrin, reviewed An important and fascinating new book by Richard Turrin, who has been doing a great job of explaining what is happening in China from his unique …

Read moreCashless Review: “a book that needed to be written……the right person to write it.”

Old friends Theodora Lau and Bradley Leimer asked the toughest questions yet!

September 6, 2021 by Rich Turrin

It was a joy to be on the Unconventional Ventures “One Vision” Podcast  with my dear friends Theodora Lau and Bradley Leimer! They asked “killer questions!”  Our discussions on control and financial inclusion are very much worth your time.  Who controls your money?  That’s a big question and the answer is much more gray than …

Read moreOld friends Theodora Lau and Bradley Leimer asked the toughest questions yet!

The Bankless Podcast: “CBDCs owe their existance to crypto”

September 6, 2021 by Rich Turrin

Respect!  That’s what the fans of both #CBDC and #cryptocurrency need to have for one another. Grateful to Ryan Sean Adams and David Hoffman for this great podcast! I loved doing this podcast because it brought me fully into the crypto world whose innovators and innovations I genuinely respect, and I got full respect for …

Read moreThe Bankless Podcast: “CBDCs owe their existance to crypto”

Cashless Reviewed in the Netherlands No. 1 “Het Finanieele Dagblad” “Optimistic cashless future”

September 6, 2021 by Rich Turrin

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 …

Read moreCashless Reviewed in the Netherlands No. 1 “Het Finanieele Dagblad” “Optimistic cashless future”

Data Privacy Laws End China Internet’s “Wild West” Days

September 6, 2021 by Rich Turrin

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 …

Read moreData Privacy Laws End China Internet’s “Wild West” Days

Will Digital Currencies Destroy Banking as We Know It? from “The Agenda” with Stephen Cole

September 6, 2021 by Rich Turrin

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 …

Read moreWill Digital Currencies Destroy Banking as We Know It? from “The Agenda” with Stephen Cole

China’s CBDC: Financial Inclusion, Banks and US Dollar Impact on “The Agenda” With Stephen Cole

September 6, 2021 by Rich Turrin

“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 …

Read moreChina’s CBDC: Financial Inclusion, Banks and US Dollar Impact on “The Agenda” With Stephen Cole

Mr. Open Banking and the podcast on banking in China that you shouldn’t skip.

September 6, 2021 by Rich Turrin

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 …

Read moreMr. Open Banking and the podcast on banking in China that you shouldn’t skip.

CGTN BizTalk: The future of money

July 21, 2021 by Rich Turrin

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 …

Read moreCGTN BizTalk: The future of money

Is China Ahead of the West? (Video)

July 21, 2021 by Rich Turrin

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 …

Read moreIs China Ahead of the West? (Video)

Keynote: The innovation center of gravity moves east.

July 21, 2021 by Rich Turrin

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 …

Read moreKeynote: The innovation center of gravity moves east.

How did China, the largest nation in the World…Go Cashless? (Video)

July 21, 2021 by Rich Turrin

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 …

Read moreHow did China, the largest nation in the World…Go Cashless? (Video)

Banque de France trials CBDC as governor warns of digital yuan threat

July 21, 2021 by Rich Turrin

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, …

Read moreBanque de France trials CBDC as governor warns of digital yuan threat

Featured in DigFin: Ant may be more relevant to China’s banks than ever

July 21, 2021 by Rich Turrin

  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 …

Read moreFeatured in DigFin: Ant may be more relevant to China’s banks than ever

China: the journey to a cashless society

May 29, 2021 by Rich Turrin

I am deeply honored that Rick Huckstep founder of the Wiser! – Tech Economy Newsletter devoted an entire issue to “Cashless!” Please follow the link below to read the article.   Article snippet below but it doesn’t do justice to Rick’s beautifully illustrated article. Link to article Wiser! – Tech Economy Newsletter: China the journey to …

Read moreChina: the journey to a cashless society

Featured in: Ant Group searches for direction in a new era of Chinese fintech

May 29, 2021 by Rich Turrin

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 …

Read moreFeatured in: Ant Group searches for direction in a new era of Chinese fintech

Featured in SCMP: Bitcoin mining set to wane in China as green concerns and financial risks see Beijing ramp up the pressure

May 29, 2021 by Rich Turrin

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 …

Read moreFeatured in SCMP: Bitcoin mining set to wane in China as green concerns and financial risks see Beijing ramp up the pressure

China’s Digital Currency Explained in 10 Minutes!

May 24, 2021 by Rich Turrin

China’s new Central Bank Digital Currency CBDC made easy in 10 minutes! This video is the easiest way yet of learning about China’s new CBDC and a great introduction to my book “Cashless.” Thank-you Cyrus Janssen 王德中 ! CBDCs are coming to the West as well and this video is a start to better understanding …

Read moreChina’s Digital Currency Explained in 10 Minutes!

“China crashed Bitcoin” and other myths

May 24, 2021 by Rich Turrin

Don’t blame China for the #Bitcoin crash! Instead, blame insane headlines, ignorance and social media. It makes #CBDC look good! China’s regulators were doing their job when they issued this public service announcement to warn people about Bitcoin volatility: “Virtual currency’s prices have soared and plummeted recently, resulting [in] a rebound of speculative trading activities …

Read more“China crashed Bitcoin” and other myths

Alibaba earnings: “Can investors ever learn to love China’s regulators?”

May 15, 2021 by Rich Turrin

“Can investors ever learn to love China’s regulators?” Unlikely but they should! Investors are overselling China’s tech stocks based on a fundamental misunderstanding of the regulators. Alibaba’s earnings were mind-blowing! Revenue growth up an incredible 64%, income up 38% and EPS up 12%. The $2.8bn fine hurt! A historic milestone of 1 bn annual active …

Read moreAlibaba earnings: “Can investors ever learn to love China’s regulators?”

WSJ Quote: “It’s a remote problem but real.” on the likelihood Yu’e Bao could have liquidity problems

April 21, 2021 by Rich Turrin

In its path to becoming one of the world’s most valuable startups, Ant Group Co. built a complex financial ecosystem that captured huge sums of money and kept millions of people in it by supplying them with credit and managing their investments. Now, Beijing is forcing the Chinese financial-technology giant to scale back its activities …

Read moreWSJ Quote: “It’s a remote problem but real.” on the likelihood Yu’e Bao could have liquidity problems

“Going Cashless” with the New Money Review Podcast

April 21, 2021 by Rich Turrin

30 minutes of high octane podcast How China’s digital payments technology will take over the world. Our guest on the latest New Money Review podcast is Rich Turrin, a US citizen based for a decade in Shanghai, China, where he has had a bird’s eye view of the incredible changes taking place in money and …

Read more“Going Cashless” with the New Money Review Podcast
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China’s Digital Currency Revolution
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