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International Money Transfers

Read the Flash Payments articles on the topic: "International Money Transfers".

Do Big Corporations Still Need Banks?

Do Big Corporations Still Need Banks?

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 acquire Tilt, a payments startup that helps groups of people

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

International Money Transfers

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

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 hard-earned cash overseas. It also takes the longest. And while

Aussie banks the world’s most profitable – thanks to you

Aussie banks the world’s most profitable – thanks to you

Reserve Bank of Australia (RBA) confirmed in 2016 that the big four are the most profitable banks in the world. Analysis by the RBA shows that, in terms of return on equity (ROE), the big four banks averaged about 15 per cent by the end of 2015, ahead of Canada’

How to send money overseas, without regret and unexpected costs

International Money Transfers

How to send money overseas, without regret and unexpected costs

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’s not your fault. An antiquated system of banks and

Don’t pick your own bank by default

Don’t pick your own bank by default

In this ever-changing world, Australian retail clients are creatures of habit. While most of us know that banks like to charge a fee at every turn, we still don’t challenge them enough. This is extremely evident when sending money overseas, where bank fees are not only exorbitant (in excess

Australian Dollar extends gains above US74.5c

Australian Dollar extends gains above US74.5c

Australian Dollar extends gains above US74.5c The Australian dollar was trading at its highest levels in a month Thursday after the greenback slumped amid fresh skepticism in global markets about the Trump White House’s economic policy intentions. The gains make the Australian dollar one of the best-performing global

The world is edging closer to becoming cashless

The world is edging closer to becoming cashless

Vendor and customer payment services company Klarna CEO Sebastian Siemiatkowski writes in Wired that In 2010, 40 per cent of Swedish retail transactions were made using cash; by 2014 it was down to 20 percent and it's still falling. E-commerce, in contrast, is growing. The huge impact of

Skip the bank and take back control

International Money Transfers

Skip the bank and take back control

Flash Payments was launched to provide fast, secure and well priced foreign exchange transfer services as an alternative to the existing opaque, siloed and inefficient banking networks. Front and center is an exceptional user experience and there are no hidden fees. Built on a common global infrastructure and bringing new

Foreign currency transfers. The modern shell game.

International Money Transfers

Foreign currency transfers. The modern shell game.

Big institutions bouncing your money around the world like a pinball to multiple fee-charging banks using a complex and expensive relationship network – a desperate stand-in for an efficient transfer solution – all operating at your expense and hidden from your scrutiny by a global agreement to keep the system totally opaque

$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

International Money Transfers

Take control of your foreign exchange transfers - Video

It's time to take control of your foreign exchange transfers Until now, sending money overseas has been confusing. Let's break it down... Now, an Australian company is changing things. Flash Payments makes foreign exchange easy, fast and controlled. Flash Payments, a cutting edge fin-tech startup based

Big Bank FX - There is always another way...

Welcome to Big Bank FX money transfers. Learn about the ugly truth when sending money overseas. With Flash FX there is now another way. As one the latest entries into the currency transfer business Flash Payments, a cutting edge FinTech start-up based in Sydney Australia, is engineered from the ground

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

International Money Transfers

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

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 at two of the most common users of foreign currency

How Do You Feel After Completing A Foreign Currency Transfer?

How Do You Feel After Completing A Foreign Currency Transfer?

Imagine that you’ve just completed a foreign currency transfer. Let’s say for the case of this hypothetical scenario that you’re a traveler, taking a trip to a foreign land with a wildly different currency. If you’ve done any significant traveling in other countries you know that