XTransfer’s
booth
at
the
Singapore
Fintech
Festival
attracted
many
visitors.
As
one
of
the
main
official
sponsors
of
the
event,
the
company
actively
engaged
in
various
activities.
Bill
Deng,
Founder
and
CEO
of
XTransfer,
participated
in
multiple
roundtable
discussions
and
met
with
representatives
from
Singapore
and
other
governments,
industry
peers,
and
international
financial
institutions.
He
also
served
as
a
guest
speaker
at
two
stages.
During
the
event,
representatives
from
various
banks
and
financial
institutions,
including
Barclays,
VISA,
OCBC
Bank,
Maybank,
and
CIMB,
visited
XTransfer’s
booth
to
learn
more
about
the
company.
XTransfer
actively
seeks
collaboration
with
banks
and
financial
institutions
from
Singapore
and
the
region,
aiming
to
provide
efficient,
customised
cross-border
payment
solutions
for
SMEs
in
the
area,
facilitate
trade
between
Chinese
and
Singaporean
SMEs,
and
support
foreign
trade
transactions
for
Singaporean
enterprises
in
various
countries.
During the speech titled “Payment Solutions in the Era of Globalization: How Cross-Border Transactions for Businesses Are Facilitated”, Bill stated, “Despite current news and trends regarding deglobalisation, I still believe in the benefits of globalisation for the world economy. This is particularly true for SMEs involved in foreign trade, which drive globalisation forward day by day.“ Bill also emphasised, “At the beginning of XTransfer’s establishment, we developed an anti-money laundering (AML) risk control infrastructure specifically for SMEs. By efficiently utilising AI and big data technology, assisting international banking institutions in connecting with foreign trade SMEs and providing them with streamlined cross-border financial services while ensuring secure and compliant trade practices.“
During the “Global Fintech Innovation: Insights from China” panel, Bill discussed China’s role in Southeast Asia and other emerging markets. He noted, “Trade between the two regions has always been robust, especially following the signing of the Regional Comprehensive Economic Partnership (RCEP), further strengthening the connection between China and Southeast Asia. We are committed to supporting SMEs in the region. Through close collaboration with internationally renowned banks, XTransfer offers global business account and local currency account services. We have also introduced the innovative “XTransfer-to-XTransfer Payment” (X2X Payment) service, which allows zero transaction fees and instant payments. This facilitates cross-border transactions for buyers and sellers worldwide while ensuring the security and compliance of all transactions.“
Bill
Deng,
Founder
and
CEO
of
XTransfer,
gave
a
speech
at
the
Singapore
Fintech
Festival.
https://www.xtransfer.com
https://www.linkedin.com/company/18215108/
https://twitter.com/XTransferGlobal
https://www.facebook.com/XTransferGlobal/
Hashtag: #XTransfer #SFF #SingaporeFintechFestival #CrossBorder #Payment #SMEs
The issuer is solely responsible for the content of this announcement.
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