#China #Shanghai #XTransfer #GFTN #Bill Deng

XTransfer's Participation in the 2025 Inclusion Conference on the Bund

XTransfer, considered the premier B2B cross-border trade payment platform globally, has recently been invited to the esteemed 2025 Inclusion Conference on the Bund in Shanghai. This annual gathering, organized by the Global Finance & Technology Network (GFTN), is renowned for its focus on fostering dialogue around financial technology and globalization. Bill Deng, the visionary founder and CEO of XTransfer, will participate as a distinguished panelist in the session titled, "The Southeast Asia Payments Opportunity," sharing the stage with representatives from leading institutions like HSBC and Stripe. The discussions will center on the digital transformation of financial services and the unique opportunities presented by emerging markets.

In recent statistics released by XTransfer, there is a notable trend among cross-border small and medium-sized enterprises (SMEs) towards an increasing reliance on emerging economies. Notably, the proportion of transactions from U.S. buyers has drastically dropped, plummeting from 22% in 2018 to only 9% by 2025. In stark contrast, Southeast Asia has surged as the leading source region, now contributing 24% of transactions. Additionally, markets in Latin America and Africa demonstrate rapid growth, prompting XTransfer to enhance its service offerings in key countries such as Mexico, Brazil, Ghana, and Egypt.

The McKinsey report unveiled during the Bund Conference outlined that Asia emerges as a significant dynamo in global trade, characterized by its enthusiastic adoption of digital technologies. This environment fosters growth and 'digital transformation' across foreign trade enterprises, essential for companies looking to adapt and thrive in the swiftly evolving market landscape.

From an industry perspective, the so-called 'new three' sectors, namely lithium batteries, new energy vehicles, and solar cells, play a critical role in shaping the future of cross-border payments. In conjunction, high-tech exports including auto parts and consumer electronics are not only increasing the stakes for payment efficiency but also raising the bar for compliance and risk management protocols. With its proprietary risk and compliance infrastructure, XTransfer is committed to enhancing the stability and scope of B2B payment transactions.

To tackle longstanding issues, which include burdensome costs, sluggish settlement times, and compliance uncertainties, XTransfer has introduced a technology-led solution framework. A pioneering initiative, X-Net focuses on capital flow optimization and enhanced anti-money laundering (AML) risk management, aspiring to establish new industry benchmarks for standardization. Complementing this, an AI-driven risk control system has reportedly improved its transaction review processes, raising compliance indicators from 96% to an impressive 99%, cementing secure and compliant operations while minimizing client disruptions.

XTransfer is intent on evolving the payment experience industry-wide, visualizing a future where B2B payments can be executed as simply as scanning a QR code. Their product development roadmap emphasizes streamlined operations from account initiation through to reconciliation and fee consolidation—aiming to significantly shorten cash conversion cycles and reduce operational costs for businesses engaged in foreign trade. In line with this, XTransfer is utilizing multi-faceted data verification and supply-chain solutions to heighten the accuracy and authenticity of trade verification.

Bill Deng elaborated further on XTransfer's potential growth trajectory, revealing that the platform currently services over 700,000 clients internationally, with 47% of them being overseas enterprises. He forecasts that the company's transaction volume could see a tenfold increase within the next five years, characterizing it as a 'mobile payment revolution' within the cross-border B2B sector.

Addressing the prospects of stablecoins in transforming payment methodologies, Deng acknowledged their transformative potential as a blockchain-based tool that guarantees real-time transparency, traceability, and programmability. This could effectively alleviate challenges posed by multi-layer correspondent banking systems in cross-border B2B transactions. XTransfer envisages employing a dual risk-control mechanism, combining 'on-chain behavior analytics' and 'off-chain trade authentication,' as it cautiously ventures toward product innovation aimed at optimizing cross-border settlements.

Deng anticipates the advent of 'dual-currency' wallets for import-export businesses within three years, enabling seamless operations with both fiat currency and stablecoins, while assuring that developments will strictly comply with existing regulatory frameworks.

Through continual investment in emerging markets, XTransfer is committed to collaborating with global partners to modernize cross-border B2B payment infrastructures, striving to render foreign trade operations more efficient, secure, and financially viable for SMEs worldwide.