Flash Forward

Thoughts about the future of finance and foreign currency transfer.

The great currency deception - uncovered

By Tim Strube on

When it comes to foreign currency transfers, especially by consumers and small to medium-sized businesses, what you find are big financial institutions bouncing your money around the world like a pinball from one fee-charging bank to another, using a complex more »

Tagged in: global payments, currency conversion, exchange rates, AUD, international B2B, importing

Australia weathers fintech slump

By Tim Strube on

Several major global and local players will gather in Sydney today for the annual AltFi conference, where ANZ Bank chief Shayne Elliott is also speaking. Ian Pollari, KPMG’s global co-leader of Fintech and head of banking for Australia, said more »

Tagged in: remittances, ripple, international money transfers, banking, currency conversion, international B2B

The Australian dollar - where to next?

By Tim Strube on

The Australian dollar has seen an impressively strong period for the past 2 months, trading from 0.7164 in late December to the current 0.7664 USD per AUD. According to analysts at HSBC, US President Trump has been a more »

Tagged in: finances, AUD, exchange rates, sending money overseas, currency conversion, international B2B

Foreign Exchange and The Big Mac index

By Tim Strube on

THE Big Mac index was invented by The Economist in 1986 as a lighthearted guide to whether currencies are at their “correct” level. It is based on the theory of purchasing-power parity (PPP), the notion that in the long run more »

Tagged in: banking, currency conversion, exchange rates, international B2B, digital currency

Declining rental yields give global property a new appeal

By Tim Strube on

With rental yields tightening around Australia and house price growth cooling, should Aussie investors look beyond our borders? Investors may be able to take advantage of a possible currency upside. Ben Kingsley, chair of the Property Investment Professionals of Australia more »

Tagged in: global payments, remittances, currency conversion, banking, international B2B

McKinsey: Corporates Need Faster Cross-Border Payments

By Tim Strube on

Corporate clients are becoming aware of recent innovations in payment platforms and seeking upgrades to their cross-border payments. Their low-cost, real-time domestic payments are contrasted with their experience of costly, days-long cross-border transactions. Bottom line: corporates expect better cross-border payments more »

Tagged in: currency conversion, global payments, international B2B, remittances, importing, exporting

Foreign Exchange, primer

By Tim Strube on

Every day around $5 trillion is traded in foreign exchange. While much of it is speculation (trading for the sake of making a profit), foreign currency transfers are essential to enabling global trade. There are many factors driving foreign currency more »

Tagged in: currency conversion, exchange rates, finance, trading, international B2B, global payments