Flash Forward

Thoughts about the future of finance and foreign currency transfer.

Blockchain is not just for Bitcoin - it is a digital ledger of transactions

By Michael on

Blockchain sounds like a solution to a 19th-century railway problem, but lately, it’s on the lips of every executive who wants to solve the problem of 21st-century digital transactions. Blockchain technology is a way of recording and storing digital more »

Tagged in: digital currency, ripple, innovation, technology, blockchain, australia

Embracing Blockchain for Payments

By Nicolas Steiger on

Payments are one area where banks should completely embrace blockchain to compete with fintech challengers and to expand their market share. The existing payments infrastructure used by banks faces multiple challenges relating to security, speed and cost. No wonder, Santander more »

Tagged in: digital currency, ripple, innovation, technology, blockchain, australia

Fastest, most affordable currency transfers from Australia to Europe

By Tim Strube on

Australian startup FlashFX was designed from the ground up to outperform traditional financial institutions by providing fast, secure and very affordable foreign exchange conversion services as an alternative to the existing opaque, siloed and inefficient banking networks. And it does more »

Tagged in: digital currency, ripple, technology, innovation, blockchain, currency conversion

The quiet engine powering Australia’s innovation boom

By Nicolas Steiger on

Not that long ago, building a global company was reserved for large incumbents and heavily capitalised start-ups. But that’s changing. Instead of needing millions in the bank or being based in the heart of Silicon Valley, the internet — and more »

Tagged in: digital currency, ripple, innovation, technology, blockchain, australia

When it comes to foreign exchange, don’t pick your own bank by default

By Sophie Green on

In this ever-changing world, Australian retail clients remain creatures of habit. While most of us know that banks like to charge a fee at every turn, we still don’t challenge them. This is extremely evident when sending money overseas, more »

Tagged in: digital currency, ripple, innovation, technology, blockchain, international money transfers

Ripple Continues to Bring Internet of Value to Life

By Michael on

When faced with the issues of today’s antiquated cross-border payment system, we often focus on the difficulties of scalability with banks struggling to handle the volume of transactions, causing it to take three to five days to complete. In more »

Tagged in: digital currency, ripple, innovation, technology, international money transfers, blockchain

The value of choice, control & transparency

By Tim Strube on

International money transfer services and banks around the world continue to trap consumers with opaque and overpriced exchange rates. For too long the foreign exchange industry has profited in the shadows. It has never served the remitters’ best interests to more »

Tagged in: digital currency, ripple, innovation, technology, blockchain, australia

New Payment Platform in Australia

By Nicolas Steiger on

Australia is due to release a near real-time domestic payments platform. The New Payments Platform (NPP) will allow for near real-time funds transfer between bank accounts, regardless of who a user banks with. It’s due to launch later in more »

Tagged in: digital currency, ripple, technology, innovation, blockchain, international money transfers

The future of banking: four scenarios

By Tim Strube on

The fact that the financial services industry, and especially banking, is going through the greatest disruption since the arrival of computers in the 60s is now universally accepted. The advent of digital technology and, more importantly, its adoption by customers more »

Tagged in: digital currency, ripple, innovation, technology, blockchain, international money transfers

17 things you (probably) didn't know about UK currency

By Tim Strube on

Moolah, cash, bunce, wonga and all the rest. Sadly, despite Des’ree’s protestations, money really does make the world go round; we all need it, and we’d all like rather more of it. Enjoy 16 facts about the more »

Tagged in: digital currency, ripple, innovation, technology, blockchain, international money transfers

“It’s Time for Blockchain Use Cases to Be Proven and Come to Market”

By Tim Strube on

While 2016 was the year of firms and governments experimenting with blockchain technology, 2017 should be the year we see use cases being proven and actually coming to market, according to Abdul Naushad, chairman and founder of PayCommerce. "So more »

Tagged in: currency conversion, digital currency, ripple, blockchain, innovation

Why can’t you track your money?

By Nicolas Steiger on

The quality of lives has been tremendously improved by innovation from new technologies and business models. Its normal to check your mobile for the next bus arrival, book a hotel and track the parcel of your latest online acquisition. We more »

Tagged in: technology, innovation, digital currency, blockchain, international money transfers

Only a Happy Customer is a Returning Customer!

By Tim Strube on

Happy New Year! At Flash FX, we truly believe in making sure that each and every customer is happy and satisfied with their foreign exchange transfers. Sounds strange right? Is anyone ever truly satisfied with a foreign exchange transaction? For more »

Tagged in: digital currency, ripple, innovation, technology, blockchain, international money transfers

Singapore Is Beating Hong Kong in Asia's Fintech Race

By Tim Strube on

Tax benefits, government help and easy access to regional markets led Joe Seunghyun Cho to choose Singapore as the headquarters for his six financial technology companies, rather than base them in the rival hub of Hong Kong or his native more »

Tagged in: technology, finances, digital currency, ripple, blockchain, innovation

The world's best Fintech conferences and expos to attend in 2017

By Tim Strube on

The massive growth of the financial technology industry rolled along in 2016 due to a host of new financial industry trends and numerous fintech investments. With all that growth, it's crucial for anyone in the financial industry to stay educated more »

Tagged in: digital currency, ripple, technology, innovation, blockchain, australia

The Future of Cross-Border Payments Now Live: FlashFX

By Tim Strube on

FlashFx has launched its highly anticipated lean high-performance foreign exchange transfer payment service that safely, efficiently and reliably provides users with a better customer experience compared to the opaque, siloed and inefficient banking networks. Built on a common global infrastructure more »

Tagged in: ripple, digital curency, innovation, technology, blockchain, global payments

US Regulator Will Start Issuing Bank Charters for Fintech Firms

By Tim Strube on

Office of the Comptroller of the Currency will allow upstarts to become ‘special purpose national banks’ Firms offering online loans, smartphone payments and other financial technology products would get new flexibility to expand and further shake up the U.S. more »

Tagged in: regulation, digital curency, ripple, technology, innovation, blockchain

Blockchain technology: Is the banking sector ready for FinTech?

By Tim Strube on

This first in a series of articles debating how fintech is shaping the financial services industry, covers the path to production for blockchains in UK banks, setting out where we are currently at, before exploring some of the high-level challenges more »

Tagged in: digital curency, blockchain, banking, technology, innovation, international money transfers

What Treasurers Should Know: Fintech Disruption

By Tim Strube on

The shape of treasury management is changing with the rise of disruptive technologies, like blockchain, real-time payments and Big Data. To inform corporate treasurers of the changing landscape, the banks, SAP and the European Association of Corporate Treasurers (EACT) have more »

Tagged in: blockchain, digital curency, technology, remittances, global payments