Flash Forward

Thoughts about the future of finance and foreign currency transfer.

How to get the best rate with our Exchange Rate Calculator

By Nicolas Steiger on

We take a closer look at how to find and read currency exchange rates, as well as how to convert currency using an exchange rate calculator. more »

Tagged in: currency conversion, sending money overseas, remittances, tips, exchange rates

Currency transfer tips: What expats should consider before sending money home

By Sophie Green on

If you're an expat and need to send money home, you should always consider the best and safest options for currency transfer. We provide some tips. more »

Tagged in: global payments, remittances, currency conversion, moving overseas, emigration

Big banks = high cost international transfers

By Nicolas Steiger on

Do you need to transfer money abroad? Well, you should probably give the traditional Australian banks a miss. Comparing their offerings reveals that the ‘Big Four’ banks charge far heftier international money transfer fees than online providers – and could cost more »

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

$7 billion remittance industry set for massive shake-up

By Tim Strube on

The $7 billion Australian money remittance industry is set for a massive shake-up as a new wave of online and digital-based players enter the market. According to Ashley Jessen, CEO of Profile Booster, the retail money remittance industry is a more »

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

How much cash have you got in your wallet?

By Tim Strube on

Let me guess — your wallet is empty, or it recently was. Ten years ago, anyone who had no cash in their pocket would’ve whispered it. Broke til payday or just broke. Having no cash was a source of shame. more »

Tagged in: remittances, currency conversion, digital currency, finance, banking

Take charge of your foreign exchange transfers

By Tim Strube on

Sending money overseas via your bank is often confusing, always expensive and very slow. Now you can change that. Let's break it down... At FlashFX we make foreign exchange easy, fast and affordable: Based in Sydney Australia, we have engineered more »

Tagged in: remittances, currency conversion, digital currency, ripple, banking, exchange rates

"...so easy to use compared to the banks"

By Nicolas Steiger on

"I Used FlashFX transfer yesterday. Money is in the Irish bank account this morning. It's so quick compared to the banks. Saved $136 compared to my bank. Awesome stuff. Love the GUI too, so easy to use compared to more »

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

Take charge of your foreign exchange transfers and save

By Tim Strube on

Sending money overseas can be confusing and expensive. Let's break it down... and let us show you just how easy it can be. And you can save a lot. FlashFX makes foreign exchange easy, fast and affordable. We provide a more »

Tagged in: remittances, sending money overseas, family overseas, migration, tips

Take charge and save on your foreign exchange transfers

By Tim Strube on

Sending money overseas can be confusing. Let's break it down... FlashFX makes foreign exchange easy, fast and affordable. This is in stark contrast to the banks, where global payments cost more, take more time, and the routeing is opaque. With more »

Tagged in: remittances, exchange rates, international money transfers, digital currency, sending money overseas

"...So easy to use compared to the banks"

By Michael on

"Used FlashFX transfer yesterday. Money is in the Irish bank account this morning. It's so quick compared to the banks. Saved $136 compared to my bank. Awesome stuff. Love the GUI too, so easy to use compared to the more »

Tagged in: remittances, currency conversion, digital currency, global payments, technology, innovation

Best countries in the world - ranked

By Sophie Green on

'Best Countries' is a rankings, news and analysis project created to capture how countries are perceived on a global scale. Created by U.S. News in partnership with Y&R's BAV and Wharton, the rankings evaluate 80 countries across more »

Tagged in: remittances, currency conversion, finances, global payments, overseas trips, technology

US rate hike at next meeting "would likely be appropriate" if data is good enough, Fed's Yellen

By Nicolas Steiger on

The Australian dollar finished lower the last week, breaking sharply on rising expectations for a U.S. interest rate hike at the Fed’s next meeting on March 15. Strong U.S. economic reports and continued hawkish remarks from U. more »

Tagged in: remittances, currency conversion, exchange rates, australia, global payments, exports

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

Pew Research Centre reveals what we think makes us Australian

By Tim Strube on

What does it take to be truly Australian? The latest Bureau of Statistics estimates show that 6.7 million Australian residents – just over 28 per cent of the population – were born overseas. Sharing the "customs and traditions" of more »

Tagged in: remittances, currency conversion, migration, sending money overseas, family overseas

How much did your country send and receive in remittances?

By Tim Strube on

In 2015 Australia saw an outflow of remittances of US$16 billion, while it received around US$2 billion. Globally remittances totalled $582 billion according to World Bank figures. The largest source of remittances is probably not unexpectedly the United more »

Tagged in: remittances, exchange rates, sending money overseas, global payments, currency conversion, ripple

Lessons From Bank of Canada's First Blockchain Project

By Tim Strube on

Carolyn Wilkins, the senior deputy governor of the Bank of Canada, where she oversees the central bank's strategic planning and economic and financial research, looks back on key takeaways from nearly six months of distributed ledger learnings. She writes " more »

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

24 things expats find surprising about Australian working culture

By Tim Strube on

Australians have a unique set of business etiquette rules in comparison to other business cultures. To mark Australia Day, Business Insider Australia took a look at what expats living in Australia, or returning expats, think of the Australian working culture. more »

Tagged in: remittances, global payments, currency conversion, innovation, digital currency, emigration

Do Big Corporations Still Need Banks?

By Tim Strube on

The Wall Street Journal recently reported that Ant Financial, an affiliate of Alibaba, is involved in a deal to buy U.S. money-transfer business MoneyGram. This news comes just two days after TechCrunch reported that Airbnb is in talks to more »

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

The best way to send an international money transfer [per FlashFX]

By Tim Strube on

Have you ever wondered how to best send money internationally? Two principal options have been available for some time and a third has just arrived. Your bank. This is the most common and the most expensive way to send your more »

Tagged in: remittances, exchange rates, currency conversion, international money transfers, digital currency, ripple