Rich Turrin
Industry Leader in fintech and digital transformation
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 …
Interest in China’s digital yuan peaked at the Olympics with much of the world taking a detailed look for the first time. As you can see from the different geographies represented by these articles, curiosity about the digital yuan was genuinely global. Let’s take a look at quotes I contributed to in leading publications. As …
China big tech’s “new normal” is no “Wild West” and those days are never coming back with the launch of China’s new “State Anti-Monopoly Bureau.” In this interview on CGTN Europe I talk about the goals of China’s new Anti-Monopoly Bureau which has now been upgraded to “Deputy Ministerial” status to ensure that it is …
The Caribbean used to be called “America’s backyard” now it’s China’s so don’t be surprised when they use the #digitalyuan! “The dollar is the largest currency used in trade there’s no question about it, but what we can question is whether the dollar is the easiest currency for developing currencies to access? The clear answer …
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 …
Great honor to speak with Australia’s leading financial newspaper the Financial Review! There is a sense in Australia that a CBDC isn’t necessary. This may be true, but there is great concern that APRA is not factoring in the impact of regional CBDCs on trade. Richard Turrin, author of Cashless, China’s Digital Currency Revolution, …
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 …
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 …
Great talk with Greg Canavan of Fat Tail Investment Research! Thank you Greg! In this episode, we discuss CBDC and crypto and I highlight how crypto tech is behind our current CBDCs. This has nothing to do with the price of Bitcoin or whether you love or hate crypto Acknowledging the debt is important because …
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 …
Fun podcast with Dr. Oriol Caudevilla who studies fintech, lives in Hong Kong and gets China! We had a very natural and flowing conversation that really was fun! I know you’ll enjoy it, I did! Note: audio quality gets better a few minutes in. Time stamp: 1:50 Why is Cashless your book relevant to someone …
Thanks to Forkast for this interview on some early digital yuan scams! As you may have guessed the results were predictable! The police nabbed the criminals quickly. Richard Turrin, a Shanghai-based fintech consultant who recently published “Cashless: China’s Digital Currency Revolution,” told Forkast.News criminals trying to use China’s CBDC to defraud people must be “the …
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 …
“Digital payment systems bring financial inclusion to those who have less, are unbanked, or underbanked.” I am grateful to @Dr. Diane Hamilton, for the opportunity to talk about Cashless on her nationally syndicated radio show “Take the Lead.” Diane is a behavioral expert, author, speaker and consultant and her background came shining through with the …
Very proud to have the last word in my favorite newspaper the Financial Times. Gillian Tett is the chair of the editorial board and a fabulous columnist. In a wonderful article that you really should read “Financial cartels face digital currency shake-up” Tett wrote: “It seems unlikely that CBDCs (or privately created digital tokens) will …
Grateful to Andy Wang of Runnymede Capital Management and host of the “Inspired Money” Podcast for the opportunity to talk about CBDCs and Cashless. In this podcast I tried to make the point to a US audience that China’s experience going “cashless” was relevant to them. That’s not easy as many feel that what happens …
Asia is where its at! The center of gravity for financial innovation is moving to Asia with 7 of the top 10 CBDC projects in Asia. 14:14 Great interview with the Economic Times “ETMarkets Cryptomeet” where we talk about #CBDC and why it matters. Grateful to Sharat Chandra a real crypto guru, who asked all …
“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 …
“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: …
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 …
A great honor to contribute a Chapter to “60 Leaders on Innovation” Full download of the book is available here: https://www.60leaders.com/ Here’s my chapter that answers the question about needing a methodology in innovation very decisively. Of course you do! All the time remembering that you need to: Promote people’s relationship to technology rather than …
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 …
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 …
Thank you to Brian Larson and The Fintech Times for this fabulous review of Cashless! “A fantastic read” Highlights: “Turrin’s Cashless is a marathon read. At close to 400 pages, each page is packed with tiny titbits of well-researched data that, when viewed from a 300ft tall vantage point, paint a realistic and optimistic …
