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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
    • China’s Financial Technology for Investors
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    • Innovation Lab Audit from the ground up
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    • China’s Central Bank Digital Currency (CBDC)
    • China Fintech
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Fintech

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!

Ant Group’s rollout of its Alipay+ is a prime example of an innovative strategy based on ancient foundations.

September 6, 2023 by Rich Turrin

Thanks to Andy Mok for the kind words about my book “Cashless” in Wharton Magazine: here “In his book Cashless: China’s Digital Currency Revolution, Richard Turrin weaves together monetary policy, Chinese political history, technology, and an understanding of the global payments system to argue that China’s launch of the digital yuan (a central bank digital currency, …

Read moreAnt Group’s rollout of its Alipay+ is a prime example of an innovative strategy based on ancient foundations.

Interviewed by “The Economist” for “Cashless Talk”

August 29, 2023 by Rich Turrin

Great to be included in “Cashless Talk” a special report by “The Economist.” I confess that while I am delighted to have made it into the esteemed publication, I was somewhat surprised that over two hours of interviews were distilled into about four lines! Still, it is a great honor to be included as one …

Read moreInterviewed by “The Economist” for “Cashless Talk”

Demystifying, China, CBDCS and Going Cashless

August 28, 2023 by Rich Turrin

In this episode, our guest is the incredible Richard Turrin, who helps demystify the concept of Central Bank Digital Currencies (CBDC). Based out of China, Richard has a ringside seat on how China is transforming into a cashless society – a theme picked up in his latest book Cashless. He talks us through what a …

Read moreDemystifying, China, CBDCS and Going Cashless

China’s CBDC and the new financial order

August 28, 2023 by Rich Turrin

China continues to forge ahead with its central bank digital currency, notching up millions of transactions through giveaways and lottos. But beyond the consumer headlines lies a long-term strategy that could disrupt both banks and international trade. We speak with two experts, ‘Cashless’ author Richard Turrin, Singapore Management University professor, and China economic law scholar Heng …

Read moreChina’s CBDC and the new financial order

SILICON VALLEY BANK THE WORLD’S FIRST DIGITAL BANK RUN!

August 24, 2023 by Rich Turrin

CGTN: The most stunning, and shocking, aspect of the current crisis is the speed at which the banks fell. At the Silicon Valley Bank – $42 billion were withdrawn within 24 hours! Are Americans losing trust in the banking system? Richard Turrin: This is the most important thing for people to understand. The nature of a …

Read moreSILICON VALLEY BANK THE WORLD’S FIRST DIGITAL BANK RUN!

Will Twitter be a super-app?

August 20, 2023 by Rich Turrin

Will Twitter be a super-app? Musk certainly does know how to pull off hard things, like launching a new car company and rockets. So while I don't count Musk and Twitter out, there is a long, hard road ahead of them to become a super-app.

Read moreWill Twitter be a super-app?

Digital Yuan needs WeChat and Alipay to Succeed

August 19, 2023 by Rich Turrin

Digital Yuan needs WeChat and Alipay to Succeed

Read moreDigital Yuan needs WeChat and Alipay to Succeed

Taking on the Top 10 LIES about CBDC!

August 17, 2023 by Rich Turrin

🔥 I’M GOING ON THE ATTACK🔥 In this podcast I take on the TOP 10 LIES about CBDC with the ever-fantastic Efi Pylarinou! Timestamp: 🔹3:00 Anti-CBDC attack theme! Retail vs wholesale CBDC. People are only concerned with retail CBDC. 🔹5:50 NO 1, An account with the Central Bank! You will not have an account at …

Read moreTaking on the Top 10 LIES about CBDC!

Digital Yuan Update: The Latest Developments You Need to Know!

December 10, 2022 by Rich Turrin

Talking digital yuan with “Global Business” host Robyn Dwyer on CGTN Europe. I am always honored when CGTN Europe calls for commentary on the digital yuan! Thank you to the entire CGTN Europe team Natalia Scott, Juliet Errington Mann and Jamie Owen! Today’s interview was an update on e-CNY that followed their FTX crypto coverage. …

Read moreDigital Yuan Update: The Latest Developments You Need to Know!

China’s Economic Slowdown: What CFOs Should Know

December 10, 2022 by Rich Turrin

Although China has some legitimate economic issues, is the country's potential for long-term growth being overlooked by the West?

Read moreChina’s Economic Slowdown: What CFOs Should Know

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

ECB’s CBDC investigation breaks new ground

December 10, 2022 by Rich Turrin

The European Central Bank (ECB) is doing a great job building the digital euro!

Read moreECB’s CBDC investigation breaks new ground

World’s dumbest thieves try money laundering with digital yuan

December 7, 2022 by Rich Turrin

Turrin said there is no practical way for a criminal to effectively launder the digital yuan, as the authorities could track transaction history if they obtain a warrant.

Read moreWorld’s dumbest thieves try money laundering with digital yuan

How will the digital yuan shape China’s position in the world?

November 30, 2022 by Rich Turrin

It was fantastic talking with Edward Tse founder of Gao Feng Advisory Company to outline what our digital CBDC future has in store not just for China but for all of us. Ed is a globally acknowledged China expert and the “Father of Management Consulting in China” as the former head of China operations at …

Read moreHow will the digital yuan shape China’s position in the world?

Central Banks Join the Cryptocurrency Gold Rush

December 10, 2022 by Rich Turrin

National e-currencies aim to centralize money again Article: here “We have to be very careful in not ascribing superpowers to central bank digital currencies, when government has these powers over your existing bank accounts.” Rich Turrin, author and fintech consultant And it [the e-CNY] makes an interesting case study, says Rich Turrin, a Shanghai-based fintech …

Read moreCentral Banks Join the Cryptocurrency Gold Rush

“The Paypers” video interview on Cashless China

November 28, 2022 by Rich Turrin

Thank you to Mirela Ciobanu for this great video in “The Paypers.” “Payment digitalisation brought by COVID, the need to conduct cheaper, faster, and fraud-prone cross-border transactions, and the innovation brought by concepts such as stablecoins, crypto, and DeFi, are forcing financial institutions to modernise their infrastructure and adapt to a new way of conducting …

Read more“The Paypers” video interview on Cashless China

Keynote: China’s Digital Yuan Topping the Charts

November 28, 2022 by Rich Turrin

My presentation to the “Open Banking World Congress” on the Digital Yuan app! Article on OpenFuture.World: here “Richard highlights four key features of the app:” Don’t miss out! Subscribe to the Cashless Newsletter: Here

Read moreKeynote: China’s Digital Yuan Topping the Charts

Kickoff Sessions Podcast on China’s Digital Yuan and Shanghai’s Lockdown

November 28, 2022 by Rich Turrin

A very special podcast that covers lockdown in Shanghai as well as the latest developments in CBDCs!

Read moreKickoff Sessions Podcast on China’s Digital Yuan and Shanghai’s Lockdown

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 Past, Present and Future of China’s Fintech, Podcast

April 30, 2022 by Rich Turrin

CBDC why should you care? Because it fundamentally changes the nature of money. And like it or not it uses cryptocurrency technology to achieve this. Thanks to Waheed Rahman of @EMPASCO the founder of the Innovation Civilization Podcast for this opportunity to chat about CBDC. Frankly this is my most in-depth interview in ages. Waheed …

Read moreThe Past, Present and Future of China’s Fintech, Podcast

“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

Polish Edition of Cashless launches, and two interviews in Polish

April 30, 2022 by Rich Turrin

Am excited to announce the Polish edition of Cashless! I am very grateful to Albert Borowiecki 岳比邻 for single-handedly taking on the project of translating and publishing a Polish-language edition of Cashless! Nothing makes me more proud than to see Cashless go around the world and help people understand CBDCs! Thank you so much Albert!  …

Read morePolish Edition of Cashless launches, and two interviews in Polish

“E-CNY will challenge the US dollar’s domination of international trade in the next decade.”

April 16, 2022 by Rich Turrin

Great to be picked up in this article in the Epoch Times! One key point to make is that none of these changes are going to happen quickly.  Noone, especially China with its huge US dollar reserves, desires sudden movements in the composition of currencies used in global trade.  Instead, look for a very slow …

Read more“E-CNY will challenge the US dollar’s domination of international trade in the next decade.”
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China’s Digital Currency Revolution
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