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Rich Turrin

Industry Leader in fintech and digital transformation

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Press

The mBridge Saga: Saudi Arabia Enters, BIS Exits
I don't believe in coincidences: Saudi Arabia joins mBridge days after their US security pact lapses. Then, a bit over four months later, the BIS abandoned mBridge! Coincidences? I don't think so! This is an interview I did with CGTN Read more
MAJOR CONTRIBUTOR TO HBR's "APAC'S AI EDGE"
I am immensely proud to be a major contributor to this Harvard Business Review paper with no less than eleven quotes explaining why Asia will have an edge over the West in AI, even if the US has the smartest Read more
MAIN STAGE AT ASIA'S PREMIER INVESTOR CONFERENCE!
I was delighted to present on the main stage at the CITIC CLSA Investors forum! This is Hong Kong's premier investor conference and getting the main stage on day 1 was a major thrill for me! Here are some photos Read more
SILICON VALLEY BANK THE WORLD'S FIRST DIGITAL BANK RUN!
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 At the Silicon Valley Bank – $42 billion were withdrawn within 24 hours!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? Read more
U.S. banking crisis: Federal Reserve battling the problems it made. Silicon Valley, Silvergate and Signature Bank Failures
We will not see the 2008 financial crisis repeating in 2023. Silicon Valley Bank, Signature Bank and the Silvergate Bank don't have these broad international connections that can create a domino effect in the global economy, says author and fintech Read more
Digital Yuan Update: The Latest Developments You Need to Know!
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 Read more
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 Read more
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 Read more
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 Read more
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 Read more
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 Read more
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 Read more
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 Read more
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 Read more
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 Read more
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 Read more
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 Read more
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 Read more
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Cashless Newsletter

Writing about Asia’s FinTech revolution from Shanghai, 16 years and counting.

Every week, 60,000+ executives, investors and policymakers read Cashless to understand what Asia’s technology revolution means for Western markets. Not theory. Not hype. Real insight from someone living it.

If you want to know where Western finance and technology are heading, the answers are already visible in China and Asia today. Cashless connects the dots from the geopolitics of digital currency and the stablecoin versus CBDC battle for monetary sovereignty, to AI adoption, FinTech innovation and the trends that Western analysts won’t see coming until they’re already here.

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RICH TURRIN

The go-to voice on Asia’s FinTech revolution. Fintech speaker, consultant and author — based in Shanghai, available worldwide.

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