Exchange rates: Flash Payments

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Exchange Rates

Read the Flash Payments articles on the topic: "Exchange Rates".

Excessive fees cost foreign exchange users over $1.5 trillion annually

Currency Conversion

Excessive fees cost foreign exchange users over $1.5 trillion annually

These days more technology is at your disposal than ever before. Indeed, if needed, most banking can be done from mobile devices, including global wire transfers. However, peel back the curtain on the actual practices used to execute the transactions, and things have not changed much for the banks and

Foreign Exchange, primer

Foreign Exchange, primer

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 values. Fundamentally it is about the demand and supply of

Foreign Exchange Calculator, Real Cost of Money Conversion.

Foreign Exchange Calculator, Real Cost of Money Conversion.

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 fact, the market rate is the only real rate to

There is something you need to know about foreign currency transfers

There is something you need to know about foreign currency transfers

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 to your money in that in-between