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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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Digital Transformation

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!

A “phygital” customer experience is the gold standard! Thank you G+D!

January 27, 2022 by Rich Turrin

Thank you Giesecke + Devrient for a wonderful opportunity to talk to your clients about digital banking! Digital alone won’t deliver a customer experience you can be proud of! If you’re not combining digital with physical for a “phygital” experience your missing out on the gold standard. Need proof? Take one look at Alipay or …

Read moreA “phygital” customer experience is the gold standard! Thank you G+D!

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

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”

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.

CGTN Interview: Connecting China’s Central Bank Digital Currency with Thailand and UAE’s

March 4, 2021 by Rich Turrin

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 of Thailand and Bank …

Read moreCGTN Interview: Connecting China’s Central Bank Digital Currency with Thailand and UAE’s

AI Implementation in China A Day in the Life of Shanghai

November 4, 2020 by Rich Turrin

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 Thursday afternoon from 1:45 …

Read moreAI Implementation in China A Day in the Life of Shanghai

5G: A world divided in digital spheres of influence Richard Turrin

November 4, 2020 by Rich 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 and IBM’s banking risk technology team in China after …

Read more5G: A world divided in digital spheres of influence Richard Turrin

China’s 5G lead, a ‘Sputnik moment’ for U.S.

November 4, 2020 by Rich Turrin

“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 Excellence,” told CGTN Digital.  

Read moreChina’s 5G lead, a ‘Sputnik moment’ for U.S.

CGTN Interview: Innovative China drives the global AI revolution

November 4, 2020 by Rich Turrin

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”.

Read moreCGTN Interview: Innovative China drives the global AI revolution

Chi­na’s New Dig­i­tal Cur­rency Will Fos­ter Hi-tech In­ter­na­tion­al­i­sa­tion of the Ren­minbi: Rich Tur­rin

June 26, 2020 by 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 ad­van­tages of Chi­na’s new CBDC is its abil­ity to per­mit ex­tremely nu­anced and fine-tuned …

Read moreChi­na’s New Dig­i­tal Cur­rency Will Fos­ter Hi-tech In­ter­na­tion­al­i­sa­tion of the Ren­minbi: Rich Tur­rin

How China’s Beating the West in Innovation

June 22, 2020 by Rich Turrin

…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 which China is out-innovating even the most …

Read moreHow China’s Beating the West in Innovation

Podcast: Innovation in Financial Services, China’s Fintech Innovations, CBDC

April 4, 2020 by Rich Turrin

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 …

Read morePodcast: Innovation in Financial Services, China’s Fintech Innovations, CBDC

China DOA: “Digital On Arrival”

March 17, 2020 by Rich Turrin

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 following a COVID-19 inspired extended New Year’s holiday …

Read moreChina DOA: “Digital On Arrival”

Libra Tipping the Balance

July 10, 2019 by Rich Turrin

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 them credit for thinking …

Read moreLibra Tipping the Balance

Learning to Love Innovation Labs. What would you do without them? (Video)

March 15, 2019 by Rich Turrin

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 consultants shill with a lab’s start-up. …

Read moreLearning to Love Innovation Labs. What would you do without them? (Video)

Pay Me! WeChat on Fire, While GAFA Stews

December 19, 2018 by Rich Turrin

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% of all consumers in the USA by 2020) …

Read morePay Me! WeChat on Fire, While GAFA Stews

Honored to be Selected for Lattice80’s Fintech Singapore 50 – Top Influencers

July 27, 2018 by Rich Turrin

http://www.lattice80.com/lattice80-fintech-50-singapore-top-influencers/ Click link to the left for article and list. From the Lattice80 Article: Singapore has long established itself globally as one of the most active hubs for fintech and innovation, a true Asian and global leader. This comes in addition to Singapore’s place as an important finance hub in Asia and the world. Massive …

Read moreHonored to be Selected for Lattice80’s Fintech Singapore 50 – Top Influencers

Pulling Back the Curtain on Innovation Theater

January 12, 2018 by Rich Turrin

The digital revolution continues, and we are bombarded daily with the breathtaking innovations made by large companies in their adoption of digitization. Or so it seems. Within the innovation community much has been made about “innovation theater,” which could be defined as making a show of innovating, while being less impressive in its actual adoption. …

Read morePulling Back the Curtain on Innovation Theater
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