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Read the Flash Payments articles on the topic: "FinTech".

Ripple 2023: Latest Partnerships and Trends in Cross-Border Payments

Ripple 2023: Latest Partnerships and Trends in Cross-Border Payments

Explore the latest Ripple partnerships in 2023. Understand how these collaborations are shaping the future of cross-border payments and international finance.

Flash Payments: Charting New Horizons at Ripple Swell 2023

Flash Payments: Charting New Horizons at Ripple Swell 2023

Sydney, Australia - Flash Payments, a pioneering name in Australia's digital currency exchange, recently marked its presence at the prestigious Ripple Swell conference in Dubai. This event, held on November 8-9, 2023, brought together the brightest minds in finance, blockchain, and crypto technology, offering a unique platform for

Insights from Money 2020: The Future of Australian Money Transfers Unveiled

Insights from Money 2020: The Future of Australian Money Transfers Unveiled

Money 2020, one of the world's largest conferences dedicated to financial innovation, recently convened in a vibrant gathering of industry leaders and visionaries.

Budget Roundup

Treasurer Scott Morrison unveiled the 2018-2019 last night. The plan was headlined by the promise of $140bn in tax cuts over the next decade, with immediate tax relief for middle and lower-income earners and a fundamental reform of the progressive tax system.

$7 billion remittance industry set for massive shake-up

$7 billion remittance industry set for massive shake-up

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 top candidate for fintech disruption and innovation. “A few years

Bank executive takes over as new chief of the Digital Transformation Agency

Bank executive takes over as new chief of the Digital Transformation Agency

Gavin Slater, former NAB executive, will be the new chief executive of the Australian government’s Digital Transformation Agency. In a statement the Assistant Minister for Digital Transformation Angus Taylor said Slater had a proven track record in driving transformation change to respond to digital disruption, and his experience would

Fintech all talk no action in bank competition race

Fintech all talk no action in bank competition race

Australia's banking sector is one of the most highly concentrated in the world and the much-hyped arrival of digital disruption has hardly shifted the dial. More competition is not the solution to the housing affordability crisis, but there is no doubt it would benefit consumers. Australian Competition and

Ripple Selected to Participate in the Bank of England FinTech Accelerator’s Exploration

Ripple Selected to Participate in the Bank of England FinTech Accelerator’s Exploration

The Bank of England’s FinTech Accelerator announced that it is conducting a PoC with Ripple to demonstrate cross-border payments and settlement using two different Real Time Gross Settlement (RTGS) systems. The goal of this PoC is to showcase the synchronised movement of two different currencies across two different RTGS

Top 5 FinTech and Banking Trends for 2017

Top 5 FinTech and Banking Trends for 2017

* FinTech competition will drive banking transformation. * Continued shift from in-branch to digital channels. * Customer service will be the most important differentiator for banks. Banks should especially be worried about the fact that 33% of millennials don’t believe they’ll need a bank in the next 5 years, and almost

Australia weathers fintech slump

Australia weathers fintech slump

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 despite the global slump in investors, the Australian fintech sector

What is FinTech?

What is FinTech?

According to Morningstar "FinTech companies are businesses that leverage new technology to create new and better financial services for both consumers and businesses. It includes companies of all kinds that may operate in personal financial management, insurance, payment, asset management, etc..." These start-up companies compete directly with traditional

A Framework for FinTech: The Whitehouse

A Framework for FinTech: The Whitehouse

At the White House FinTech Summit in June 2016, Cabinet Secretaries and senior officials from across the Administration engaged with stakeholders about the potential for fintech to further myriad policy goals, including small business access to capital, financial inclusion and health, domestic growth, and international development. At the same event,

We already love mobile banking, so how can it get better?

We already love mobile banking, so how can it get better?

Australians love to moan about banks, but it turns out we're actually fairly content with the current approach to mobile banking. The chart below shows the percentage of customers who are either very satisfied or fairly satisfied with mobile banking apps for the 10 biggest banks, according to

The Traditional Payments Player Role In The FinTech World

The Traditional Payments Player Role In The FinTech World

As the payments ecosystem continues to evolve, FinTechs are leading the charge in transforming everything from operational efficiencies to business models, and especially the customer experience. But how do the industry’s incumbents fit into the new world of payments? Joby Orlowsky, VP of business growth and development for Discover

Building a fintech ecosystem: Why customer experience should come first

Building a fintech ecosystem: Why customer experience should come first

If banks weren’t already feeling the pressure from financial technology (fintech) startups, they should be now: Fintech companies are officially mainstream. A report conducted by the tech company LinkedIn, the advisory firm Capgemini and the non-profit Efma found that half of banking customers around the world now use at

Singapore Is Beating Hong Kong in Asia's Fintech Race

Singapore Is Beating Hong Kong in Asia's Fintech Race

Tax benefits, government help and easy access to regional markets led Joe Seunghyun Cho to choose Singapore as the headquarters for his six financial technology companies, rather than base them in the rival hub of Hong Kong or his native South Korea. “We are quite impressed by government agencies here,

The world's best Fintech conferences and expos to attend in 2017

The world's best Fintech conferences and expos to attend in 2017

The massive growth of the financial technology industry rolled along in 2016 due to a host of new financial industry trends and numerous fintech investments. With all that growth, it's crucial for anyone in the financial industry to stay educated in order to get ahead of the pack.

The Future of Banking: Growth of innovative banking fintech services

The Future of Banking: Growth of innovative banking fintech services

Banking is a rapidly changing industry, and the biggest paradigm shift that has occurred is the move to digital-only banks. Millennials, in particular, are moving more frequently toward digital banking. And as a result, they're walking into their banks' traditional brick-and-mortar branches less often than ever before.

Can FinTech Outcompete Banks by Betting on User Experience?

Can FinTech Outcompete Banks by Betting on User Experience?

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 revolution. With the five biggest banks controlling nearly $15 trillion

$582 billion in global remittances: interactive graph

$582 billion in global remittances: interactive graph

Remittances in 2015 totaled an estimated $582 billion according to World Bank figures. These cross-border payments make a huge impact in the countries that receive them. World Bank figures show that in 2015, remittances to Egypt were worth four times as much as revenues from the Suez Canal. In Nepal

A cheaper way to pay

A cheaper way to pay

In today's Australian, Richard Gluyas writes - 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 credit entry. The reason is that remittances still meander

Austrade’s Landing Pads make NSW startups go global

Austrade’s Landing Pads make NSW startups go global

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 Australian innovation and entrepreneurship. The Landing Pads are in five

US Regulator Will Start Issuing Bank Charters for Fintech Firms

US Regulator Will Start Issuing Bank Charters for Fintech Firms

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. banking industry under a proposed new federal policy. A top

What Treasurers Should Know: Fintech Disruption

What Treasurers Should Know: Fintech Disruption

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 published the first “Journeys to Treasury” report, which they intend

How traditional banks should invest in and benefit from fintech startups

How traditional banks should invest in and benefit from fintech startups

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 services (e.g., payments, wealth management, personal loans) to the