The Times Australia
Google AI
News From Asia

.

XTransfer Joins in 2025 Conference on the Bund

CEO Explores New Opportunities in Foreign Trade Finance

SHANGHAI, CHINA - Media OutReach Newswire - 22 September 2025 - XTransfer, the World's Leading & China's No.1 B2B Cross-Border Trade Payment Platform, was recently invited by the Global Finance & Technology Network (GFTN) to attend the highly anticipated annual technology event, 2025 Inclusion·Conference on the Bund in Shanghai. Bill Deng, Founder and CEO of XTransfer, was invited as a panellist for the session, "The Southeast Asia Payments Opportunity", where he joined guests from GFTN, HSBC and Stripe, to engage in in-depth discussions on digitalisation and opportunities in emerging markets.

Bill Deng, Founder and CEO of XTransfer (second from left), was invited to participate in a panel at the 2025 Inclusion·Conference on the Bund.
Bill Deng, Founder and CEO of XTransfer (second from left), was invited to participate in a panel at the 2025 Inclusion·Conference on the Bund.

Data released by XTransfer for cross-border SMEs shows that exporters are accelerating their embrace of emerging economies. Chinese exporters' reliance on the U.S. market continues to decline: the share of transactions from U.S. buyers has fallen from 22% in 2018 to 9% in 2025. Meanwhile, Southeast Asia has emerged as the largest source region, accounting for 24%. Demand in Latin America and Africa is also growing rapidly, and XTransfer is expanding its service capabilities in markets such as Mexico, Brazil, Ghana, and Egypt. A McKinsey report released at the Bund Conference likewise noted that Asia has become the most dynamic region for global trade, with strong and fast adoption of digital technologies, providing fertile ground for the digital transformation of foreign trade enterprises.

From an industry structure perspective, the "new three", lithium batteries, new energy vehicles, and solar cells, together with high-tech product exports such as auto parts and consumer electronics, are raising the bar for cross-border payments: faster capital turnover, more precise compliance and risk controls, and high availability across multiple currencies and regions. Through self-developed risk and compliance infrastructure, a partner banking network, and localised services, XTransfer platform is continuously enhancing the stability and coverage of B2B payments.

To address the long‑standing challenges faced by SMEs, including high costs, slow settlement, and compliance uncertainty, XTransfer proposes technology‑driven solutions. On the one hand, XTransfer has formulated a new industry standard called X-Net, focusing on improving capital flow and AML risk management to drive industry standardisation. On the other hand, an AI-driven risk control system enables "non-intrusive transaction reviews", with relevant indicators improved from 96% to 99%, ensuring compliant and secure transactions while minimising interference with clients' operations to enhance transaction continuity and capital efficiency.

In terms of payment experience, XTransfer continues to advance its product roadmap of making "B2B payments as simple as scanning a QR code", focusing on streamlining processes and improving timeliness, from account opening and collections/payments to reconciliation and write-offs, to help foreign trade enterprises shorten cash conversion cycles and reduce fees & operating costs. It also leverages multi-dimensional data verification and supply‑chain-based solutions to improve the efficiency of trade authenticity verification.

Bill Deng, Founder and CEO of XTransfer, stated that XTransfer now serves over 700,000 clients globally, 47% of which are overseas enterprises. He expects the company's transaction volume to grow tenfold over the next five years, describing this as a "mobile payment revolution" in the cross‑border B2B arena.

On the exploration of stablecoins, Bill noted at the Bund Conference that as a payment tool built on blockchain infrastructure, stablecoins possess attributes such as traceability, real-time verification, and programmability. They are poised to ease the time and cost burdens caused by multi-layer correspondent banking clearing in cross-border B2B settlement. Within a compliant framework, XTransfer will adopt a dual risk‑control mechanism of "on-chain behaviour analytics + off-chain trade authenticity verification", advancing productisation prudently to offer options for more efficient cross-border settlement in the future. Bill further predicted that within three years, import‑export enterprises' wallets will be "dual‑currency" wallets supporting both fiat currencies and stablecoins. At the same time, Bill emphasised that related applications will strictly adhere to current regulatory requirements and be rolled out steadily.

Bill added that XTransfer will continue to increase its investment in emerging markets, working with global partners to upgrade cross-border B2B payment infrastructure, and providing SMEs with more convenient and secure global capital connectivity, thereby making foreign trade operations faster, steadier, and more cost-effective.

Hashtag: #XTransfer #theBundConference #Crossborder #Payment #SMEs #ASEAN #EmgergingMarkets






The issuer is solely responsible for the content of this announcement.

Times Magazine

Epson launches ELPCS01 mobile projector cart

Designed for the EB-810E[1] projector and provides easy setup for portable displays in flexible ...

Governance Models for Headless CMS in Large Organizations

Where headless CMS is adopted by large enterprises, governance is the single most crucial factor d...

Narwal Freo Z Ultra Robotic Vacuum and Mop Cleaner

Rating: ★★★★☆ (4.4/5)Category: Premium Robot Vacuum & Mop ComboBest for: Busy households, ha...

Shark launches SteamSpot - the shortcut for everyday floor mess

Shark introduces the Shark SteamSpot Steam Mop, a lightweight steam mop designed to make everyda...

Game Together, Stay Together: Logitech G Reveals Gaming Couples Enjoy Higher Relationship Satisfaction

With Valentine’s Day right around the corner, many lovebirds across Australia are planning for the m...

AI threatens to eat business software – and it could change the way we work

In recent weeks, a range of large “software-as-a-service” companies, including Salesforce[1], Se...

The Times Features

Housing ACT tenants left in unsafe conditions

An ACT Ombudsman report has found that Housing ACT tenants have been left waiting in unsafe and haza...

Shark SteamSpot S2001 Review: A Chemical-Free Way to Tackle Messes and Stubborn Stains

If you're looking for a reliable steam mop that can handle both everyday spills and stubborn stains ...

How Businesses Are Generating Profits in a High-Inflation Economic Environment

Inflation in Australia and globally has surged to multi-decade highs since 2021, driven by pande...

The Effects of the War in the Middle East on Australian Small Businesses

The war in the Middle East is not a distant geopolitical event for Australia. In an interconnect...

Back at uni? How to help your wellbeing while you study

University can be a time of great opportunities, but it can also be very stressful[1]. Many stud...

Taste Port Douglas celebrates 10 years of world-class flavour in the tropics

30+ events, new sunrise and wellness experiences, 20+ chefs and a headline Michelin-star line-up...

Oztent RV tent range. Buy with caution

A review of the Oztent RV "30 second tent" range. Three years ago we bought an RV-4 from BCF Mack...

Essential Upgrades for a Smarter, Safer Australian Home

As we settle into 2026, the concept of the "dream home" has fundamentally shifted. The focus has m...

How To Modernise Your Home Without Overcapitalising

For many Australian homeowners, the dream of a "Grand Designs" transformation is often checked by ...