Flash Forward

Thoughts about the future of finance and foreign currency transfer.

FlashFX Welcomes Bankers’ Endorsement of Government-Backed Cryptocurrencies

By Nicolas Steiger on

A government-endorsed digital Australian dollar has the potential to lead to increased trust and certainty, particularly to grow the digital currency marketplace. more »

Tagged in: digital curency, innovation, ripple

Sterling up. Aussie down. Market update.

By Sophie Green on

The British pound was the big mover this week as the UK unexpectedly headed to the polls. Westpac's Sean Callow discusses how durable sterling's rally is likely to be. He also discusses the role of the RBA minutes in the more »

Tagged in: remittances, currency conversion, global payments, banking, ripple, digital curency

From Bronze Chunks to Imperial Currency: A Brief History of Roman Coins

By Tim Strube on

Before Rome minted coins, sheep and pieces of rough bronze were the dominant currencies, both being abundant local resources. Throughout the duration of Ancient Roman civilisation, currency was mostly based on coins of precious and semi-precious metals, namely gold, silver, more »

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

Foreign currency transfers. The modern shell game.

By Tim Strube on

Big institutions bouncing your money around the world like a pinball to multiple fee-charging banks using a complex and expensive relationship network – a desperate stand-in for an efficient transfer solution – all operating at your expense and hidden from your scrutiny more »

Tagged in: global payments, remittances, banking, currency conversion, digital curency, ripple

Can FinTech Outcompete Banks by Betting on User Experience?

By Tim Strube on

Bill Gates said that banking will always be needed. But banks as we know them could easily disappear. And FinTech is all about winning changes and everyday improvements. In 2015 venture capitalists raised $19.1 billion USD to support FinTech more »

Tagged in: global payments, international money transfers, currency conversion, banking, innovation, digital curency

Everything you need to know about foreign currency transfers

By Tim Strube on

You set up a foreign currency transfer. The money leaves your account. It disappears for days. And then it turns up (significantly reduced) in the recipient's account. That's just how it works right?# But have you ever wondered what happens more »

Tagged in: currency conversion, international money transfers, global payments, banking, digital curency

The Australian writes: A great fintech border invasion

By Tim Strube on

Richard Gluyas writes about FlashFX in The Australian: If ever there were a banking niche ripe for disruption, it would be cross-border payments. It almost defies comprehension that Amazon can deliver physical goods faster than a bank can make a more »

Tagged in: global payments, currency conversion, banking, ripple, digital curency, sending money overseas

Austrade’s Landing Pads make NSW startups go global

By Tim Strube on

The NSW Government, in collaboration with the Australian Trade and Investment Commission (Austrade), sponsored eight NSW based fintech and cyber start-ups to visit the Australian Landing Pad in Tel Aviv. Landing Pads are an Australian Government initiative intended to stimulate more »

Tagged in: currency conversion, ripple, innovation, technoloy, digital curency, 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

FlashFX Goes Live

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: currency conversion, remittances, digital curency, ripple, innovation, technology

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

KPMG: Future Bright for Next-Generation Payment Solutions

By Tim Strube on

Professional services giant KPMG and venture capitalist database CB Insights published “The Pulse of Fintech,” a report looking back over the biggest moments in Q3 of 2016. The focus is on trends and highlights in fintech funding during this action-packed more »

Tagged in: digital curency, global payments, ripple, international money transfers, innovation, technology

How traditional banks should invest in and benefit from fintech startups

By Tim Strube on

The proliferating array of fintech startups is putting pressure on financial services incumbents because these disruptors are providing innovative, consumer-oriented solutions. Their solutions “unbundle” the traditional architecture of financial products and services offered by existing institutions, and instead target specific more »

Tagged in: global payments, currency conversion, remittances, banking, digital curency, innovation

Why would you invest in fintech?

By Tim Strube on

Grant Halverson, chief executive of McLean Roche Consulting and a former financial services multinational CEO and financial technology CEO writes in ANZ's Blue Notes Blog It’s now nine years since ‘fintech’, the buzz term for financial technology start-ups, entered more »

Tagged in: digital curency, ripple, technology, international money transfers, innovation, technoloy

Ripple and R3 Achieve Breakthrough in Cross-Border Bank Payments

By Tim Strube on

U.S.-based financial innovation start-up R3, along with 12 global banks, have completed the test of a cross-border payment system powered by blockchain technology and developed by financial technology company Ripple. Ripple, a U.S.-based provider of blockchain-based more »

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

Cross-Border Money Transfer: A Nightmare Solved by the Internet

By Nicolas Steiger on

Money Transfer Improvements Are Coming We live in a world where people are in motion, from country to country, often in search of better and better-paying work. An upshot: there is a lot of cross-border money flows. The World Bank more »

Tagged in: global payments, currency conversion, digital curency, ripple, international money transfers

There is something you need to know about foreign currency transfers

By Nicolas Steiger on

You set up a foreign currency transfer. The money leaves your account. It disappears for days. And then it turns up (significantly reduced) in the recipient's account. That's just how it works right?# But have you ever wondered what happens more »

Tagged in: currency conversion, global payments, sending money overseas, digital curency

Foreign currency transfers. The modern shell game.

By Nicolas Steiger on

Big institutions bouncing your money around the world like a pinball to multiple fee-charging banks using a complex and expensive relationship network – a desperate stand-in for an efficient transfer solution – all operating at your expense and hidden from your scrutiny more »

Tagged in: currency conversion, banking, digital curency, international money transfers, ripple, technology