Explainer: The "Multiple CBDC Bridge" is the final piece of the China CBDC puzzle and brings us one step closer to free and immediate CBDC transfer. Thank-you to CGTN's Juliet Mann for this wonderful interview. One of the very few where I laughed out loud! Hong Kong Monetary Authority, PBOC, Bank …
Digital Transformation
AI Implementation in China A Day in the Life of Shanghai
Aug 20, 2020: AI Implementation in China: A Day in the Life of Shanghai held at the 6th Fintech & Financing Conference FFCON20 DIGITAL RISE co-hosted by NCFA, TFI and partners; a virtual and interactive 8 week curated online event series taking place from July 9 through to August 27 every …
5G: A world divided in digital spheres of influence Richard Turrin
Both China and the United States are widely believed to be at the forefront of the 5G technology, causing anxiety in the U.S. about losing its unique leadership. Richard Turrin, author of the best-selling "Innovation Lab Excellence," who previously headed IBM's Fintech Innovation Lab in Singapore …
China’s 5G lead, a ‘Sputnik moment’ for U.S.
"5G is the foundation technology of our digital future [encompassing] all the countries in the planet. China is clearly adopting 5G before any other country and has a tremendous lead. This is like the Sputnik moment for the West," Richard Turrin, the author of the best-selling "Innovation Lab …
CGTN Interview: Innovative China drives the global AI revolution
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 New Digital Currency Will Foster Hi-tech Internationalisation of the Renminbi: Rich Turrin
Shanghai-based fintech veteran Rich Turrin says that the launch of China’s new central bank digital currency (CBDC) will serve to greatly expedite the internationalisation of the renminbi. In an interview with China Banking News, Turrin said that one of the chief …
How China’s Beating the West in Innovation
...with Richard Turrin FinTech expert, author of "Innovation Lab Excellence" and former head of IBM's Cognitive Studio Episode Summary To many people in the West, China is thought of as a copyer rather than an innovator. However, according to today's guest Richard Turrin, there are many areas in …
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 …
China DOA: “Digital On Arrival”
China is harnessing digital technology to screen arrivals to the country's airports. It is an impressive digital effort that illustrates how digital technology can be called to action to help the government control what is now acknowledged to be a global pandemic. I just returned to Shanghai …
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 …
Learning to Love Innovation Labs. What would you do without them? (Video)
I’ll give it to you straight: Innovation labs are necessary to promote digital adoption in your company. Yes, I criticize them now and again, but that is solely intended to temper—to moderate—the attitude toward them. I am not a proponent of the over-hyped claims of digital nirvana that some …
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% …
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