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Rich Turrin

Rich Turrin

Industry Leader in fintech and digital transformation

  • Author
    • Cashless – Chinas Digital Currency Revolution new
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Currency

My Twitter series “Dedollarization Daily” catches GlobalData’s eye, it should catch yours too!

September 6, 2023 by Rich Turrin

Dedollarization is a hot topic! BRICS+ put it on the map this year as a top story worthy of following! I cover dedollization on Twitter (aka X) in a daily tweet (now post) called “Dedollarization Daily!” The purpose of this daily column is to review the best articles that don’t sensationalize dedollarization. To look at …

Read moreMy Twitter series “Dedollarization Daily” catches GlobalData’s eye, it should catch yours too!

QR Codes: Past, Present, and Future

December 10, 2022 by Rich Turrin

My thoughts on QR Codes: Past Present and Future with the incomparable Theodora Lau! This was so much fun because I got to work with my friend Theodra Lau, author of “Beyond Good.” She gets that there is far more to QR codes than meets the eye! This podcast was brought to you by the …

Read moreQR Codes: Past, Present, and Future

CNBC SQUAWK BOX: China’s digital yuan could challenge the dollar in international trade this decade

April 16, 2022 by Rich Turrin

Very proud of my interview on CNBC’s Squawk Box which was used for an article as well.  Below are links to the article and some highlights: Key quotes: “What you’re going to see in the future is a rollback, a risk management exercise that seeks to slowly and maybe just slightly reduce the dependence on …

Read moreCNBC SQUAWK BOX: China’s digital yuan could challenge the dollar in international trade this decade

“The West is 10 years behind,” China’s CBDC Dominance on the “Breaking Banks” Podcast

April 30, 2022 by Rich Turrin

“China’s CBDC Dominance” is the absolute best discussion I have ever had about CBDC, and I’ve had a lot of them! I am grateful to Brett King and JP Nicols of Breaking Banks Fintech Podcast for the opportunity to get the message on e-CNY out along with industry greats Henri Arslanian, David Birch, and Dr. …

Read more“The West is 10 years behind,” China’s CBDC Dominance on the “Breaking Banks” Podcast

Podcast: “There is a crisis of imagination surrounding CBDCs! We will live in a world where machines pay.”

April 11, 2022 by Rich Turrin

“There is a crisis of imagination surrounding CBDCs!  We need to think that CBDCs can do so much more than buy a cup of coffee.  We have 5G, IoT, and smart contracts.  We are going to live in a world where “machines pay.”  (26:50) Thank you to Radek Pyffel for this great interview to talk …

Read morePodcast: “There is a crisis of imagination surrounding CBDCs! We will live in a world where machines pay.”

China’s Digital Yuan Today: Everything You Need to Know!

April 8, 2022 by Rich Turrin

This is a one-hour “truth bomb” on CBDC that will clarify many of your questions! Thank you to Tony Moroney, JB McCarthy and Paidi O’Reilly of the Digital Transformation Lab for the opportunity to talk about CBDC. Timestamp and a few poignant moments: If you watch nothing else….go immediately to 50:40 and listen to my …

Read moreChina’s Digital Yuan Today: Everything You Need to Know!

China’s e-CNY: “controllable currency” will reduce “currency controls”

April 8, 2022 by Rich Turrin

Thank you to Timmy Shen from Forkast.news! What US Fed’s interest rate hike means for China and its CBDC Richard Turrin, a Shanghai-based fintech consultant, said that while the e-CNY is still only in use for domestic trials at present, he agrees that in the future any outflows that attempt to take advantage of rate …

Read moreChina’s e-CNY: “controllable currency” will reduce “currency controls”

Free eBook: “Open Finance: Global Progress” including “China’s Open Banking by Disruption”

April 8, 2022 by Rich Turrin

FREE MUST-READ EBook: “Open Finance: Global Progress” is a country by country run down of open banking and finance efforts across the globe! Guess who wrote the section on China?! (Page 28) Read free or download with your email here: Open Finance: Global Progress I am delighted to have contributed my expertise on China to …

Read moreFree eBook: “Open Finance: Global Progress” including “China’s Open Banking by Disruption”

Tech Buzz China Podcast on China’s Digital Yuan

February 27, 2022 by Rich Turrin

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 …

Read moreTech Buzz China Podcast on China’s Digital Yuan

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

February 27, 2022 by Rich Turrin

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 currency will benefit from more visibility while …

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

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

January 27, 2022 by Rich Turrin

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 …

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

China’s Digital Yuan App Goes Live in Trial Cities!

January 27, 2022 by Rich Turrin

Great discussing the recent launch of China’s new digital yuan app with Forkast.News!   The app launched and promptly went number one in China’s app stores for about a week! This is a great vote of confidence for the new e-CNY.   Still, there aren’t a lot of places to use the e-CNY so be patient for …

Read moreChina’s Digital Yuan App Goes Live in Trial Cities!

Proud to be an Onalytica Top 100 Fintech Influential Voice

November 16, 2021 by Rich Turrin

Onalytica is like the “Oscars” for fintech and I’m exceedingly proud to be a Top 100 voice in the community. Onalytica has been creating Top 100 Influencer lists for the past 10 years, connecting brands with influencer communities. The marketplace is now looking to understand who is influential beyond Twitter social amplifiers. Over recent years …

Read moreProud to be an Onalytica Top 100 Fintech Influential Voice

Why the Alipay Headlines Get it Tragically Wrong

October 17, 2021 by Rich Turrin

There is a real cost to the sensational reporting of all things happening on China’s tech front.  Front and center in the reporting is Ant Group and its Alipay subsidiary. It seems that not a day goes by without a headline claiming that China is nationalizing or destroying Ant. Frankly, what many of these headlines …

Read moreWhy the Alipay Headlines Get it Tragically Wrong

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!

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”

Learn what the Fed is doing with Stablecoins and CBDC in 5 minutes on the Yieldstreet Podcast

September 6, 2021 by Rich Turrin

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, …

Read moreLearn what the Fed is doing with Stablecoins and CBDC in 5 minutes on the Yieldstreet Podcast

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.

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)

Featured in SCMP: Does Ant’s new licence indicate watchdog is on board with restructuring?

July 21, 2021 by Rich Turrin

Article link: Does Ant Group’s new licence for consumer finance business indicate regulator is on board with restructuring? Enoch Yiu,  6/3/2021 Thursday’s approval is a major step for Ant whose initial public offering (IPO) was put on ice in November at the last moment. The listing was called off after the CBIRC issued a set …

Read moreFeatured in SCMP: Does Ant’s new licence indicate watchdog is on board with restructuring?

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: China’s Digital Yuan: How will it Decide the Future of Money?

May 29, 2021 by Rich Turrin

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 …

Read moreFeatured in: China’s Digital Yuan: How will it Decide the Future of Money?

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
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