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Rich Turrin

Industry Leader in fintech and digital transformation

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  • Author
    • Cashless – Chinas Digital Currency Revolution new
    • Innovation Lab Excellence
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    • China’s Financial Technology for Investors
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CNBC SQUAWK BOX: China’s digital yuan could challenge the dollar in international trade this decade

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 …

By Rich Turrin

Interview: ‘A crisis of vision’: Richard Turrin takes aim at the Fed’s CBDC report

Thank you to Finextra and Paige McNamee for this great opportunity to talk about the Fed's digital dollar report. The Fed report I critique can be found here in PDF format:  Money and Payments: The U.S. Dollar in the Age of Digital Transformation   ‘A crisis of vision’: Richard Turrin …

By Rich Turrin

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

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 …

By Rich Turrin

China Big Tech’s “New Normal” is no “Wild West”

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 …

By Rich Turrin

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

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 …

By Rich Turrin

China’s CBDC will Impact Australia’s Trading Partners

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 …

By Rich Turrin

Digital Payment: Bringing back financial inclusion with Dr. Diane Hamilton on “Take the Lead”

“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 …

By Rich Turrin

A decidedly ‘Made in Asia’ digital currency disruption

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 …

By Rich Turrin

Economic Times Interview: Asia is where its at! 7 of the top 10 CBDC projects are in Asia.

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 …

By Rich Turrin

Geopolitics in Conflict Show: China’s Plan For Technology Dominance

“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 …

By Rich Turrin

Data Privacy Laws End China Internet’s “Wild West” Days

China internet’s “Wild West” days are over as China gets out-front with the new data laws that will lead to a better long-term future  —brace for impact in the short-term. This interview covers only a few brief points about China’s new data laws.  There’s a lot that couldn’t fit into a 3-minute …

By Rich Turrin

Will Digital Currencies Destroy Banking as We Know It? from “The Agenda” with Stephen Cole

China's CBDC has spurred China's banks to innovate, they are not asleep and are moving at a pace that Western banks would envy:   “But that progress hasn't been without its difficulties –   Turrin explains that some of China's banks were initially rather resistant: "Banks have now …

By Rich Turrin

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New Book

CASHLESS
China’s Digital Currency Revolution
Is out Now!

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