https://www.scmp.com/rss/511900/feed Rich Turrin is the international best-selling author of “Cashless - China’s Digital Currency Revolution” and “Innovation Lab Excellence.” He is an Onalytica Top 100 Fintech Influencer and an award-winning executive previously heading fintech teams at IBM following a 20-year career in investment banking. Living in Shanghai for the last decade, Rich experienced China going cashless first-hand. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Richard Turrin Richard Turrin Rather than being the killer so many predict, China’s new central bank digital currency will have a symbiotic relationship with payment platforms Alipay and WeChat Pay. This might surprise those who have read that the payment platforms face certain death at the hands of the digital yuan. Much attention is focused on the digital yuan given its coming-out party at the Beijing Winter Olympics and recent launch of its chart-topping app. It’s easy to see why Alipay’s and WeChat Pay’s future seems... https://www.scmp.com/comment/opinion/article/3166958/chinas-digital-yuan-not-death-knell-alipay-and-wechat-pay?utm_source=rss_feed https://www.scmp.com/comment/opinion/article/3166958/chinas-digital-yuan-not-death-knell-alipay-and-wechat-pay?utm_source=rss_feed Tue, 15 Feb 2022 14:00:22 +0000