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

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

Everything 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! And the banks really don't need you to more »

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

The real cost of money conversion

By Tim Strube on

Do you know what the actual foreign exchange money conversion rate is? You probably know what conversion rate your bank is charging you, but did you know there is another "higher" rate known as the market rate? In more »

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

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

Send money and track it like a parcel, what does that mean?

By Nicolas Steiger on

The world of foreign currency payments for retail clients has not seen much innovation & change in the past years. Most people who wish to send money overseas to their family, friends or for simple investment purpose are still at more »

Tagged in: currency conversion, sending money overseas, ripple, technology, international money transfers, digital currency

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

Commonwealth Bank to report record profits this week

By Tim Strube on

Commonwealth Bank of Australia, the nation’s largest lender, is expected to report an all-time high half yearly cash profit of $4.83 billion this week according to The Business Insider Australia. This makes them among the most profitable banks more »

Tagged in: banking, international money transfers, currency conversion, digital currency, ripple, sending money overseas

How to send money overseas, without regret and unexpected costs

By Tim Strube on

whether you are an expat sending money home, whether you are a student paying overseas tuition, whether you are paying overseas invoices, if you are using a bank, you are leaving money on the table. A lot of money. It’ more »

Tagged in: global payments, currency conversion, sending money overseas, study, remittances

Apple App Store prices expected to rise significantly in India, Turkey and the UK

By Tim Strube on

Apple is expected to increase its App Store prices for apps and in-app purchases by more than 25% in the UK in the next week as a result of the post-Brexit currency fall in the pound according to 9to5Mac reports. more »

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

Moving to Canada in search of a new future?

By Tim Strube on

There is a lot to take into consideration when deciding to move to another country, and Canada is no different. In spite of the many similarities, moving to Canada is still a significant undertaking, and not just because of the more »

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

Where to find the world's highest-paid expats

By Tim Strube on

"Expats ranked Switzerland highly for both financial and personal well-being criteria," said Dean Blackburn, head of HSBC Expat. "The combination of high salaries and excellent work culture has placed Switzerland at the top of the careers league more »

Tagged in: global payments, remittances, currency conversion, banking, emigration, sending money overseas

How Do You Feel After Completing A Foreign Currency Transfer?

By Tim Strube on

Imagine that you’ve just completed a foreign currency transfer. Let’s say, for the sake of this hypothetical scenario, that you’re an expat, living in a foreign land with a wildly different currency. If you’ve done any more »

Tagged in: global payments, currency conversion, international money transfers, sending money overseas

The $5 trillion trap - and how to bridge it

By Tim Strube on

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

Tagged in: global payments, remittances, currency conversion, sending money overseas, family overseas

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

Migrants sent over $500 billion home last year.

By Tim Strube on

There are now 244 million people living in a country other than the one they were born in, according to migration figures from the United Nations. Many of those people went overseas to find work, leaving their families behind. For more »

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

How to stop paying for your banker’s $600 lunch

By Tim Strube on

Big banks are overcharging you by bouncing your money around the globe in a giant shell game while they collect fees and enjoy $600 meals. In this article, we’ll explore how to stop buying the bankers lunch, by looking more »

Tagged in: currency conversion, remittances, migration, sending money overseas, saving tips

3 Mistakes International Students Make When Choosing a University Abroad

By Tim Strube on

Attending college overseas can be an amazing experience. But navigating daily life at a new school in a country you aren't familiar with requires careful planning to ensure a happy international college journey. If you are a prospective international student, more »

Tagged in: study, international education, budget, saving tips, sending money overseas