The Times Australia
Google AI
News From Asia

.

XTransfer Returns to Hong Kong FinTech Week and Singapore FinTech Festival 2025

Signing Strategic Deals with Multiple Banks

HONG KONG SAR - Media OutReach Newswire - 29 October 2025 - XTransfer, World's Leading B2B Cross-Border Trade Payment Platform,will participate this year in two world-class fintech events simultaneously, Hong Kong FinTech Week 2025 and Singapore FinTech Festival 2025.

This marks the second consecutive year that XTransfer has been present at both events at the same time. As the Official Fintech Partner of Hong Kong FinTech Week, XTransfer will comprehensively showcase its innovations and global footprint in cross-border collections and payments, compliance and risk control, and inclusive finance.

XTransfer Returns to Hong Kong FinTech Week and Singapore FinTech Festival 2025
XTransfer Returns to Hong Kong FinTech Week and Singapore FinTech Festival 2025

Bill Deng, Founder and CEO of XTransfer, together with the company's management team, will engage intensively in showcases and closed-door sessions at both venues. They will share insights on topics including AI risk control and operations, the practical rollout of inclusive finance, the internationalisation of Chinese fintech enterprises, and local currency settlement in emerging markets. During the events, the company will also hold strategic cooperation signing ceremonies with multiple international financial institutions, further expanding its global clearing network and multi-currency settlement capabilities, delivering a more secure, faster, and lower-cost cross-border payment experience for SMEs across the region and worldwide. During the shows, XTransfer will also release the "X-NET White Paper" on the B2B trade settlement network and risk control system for SMEs.

Since entering the Hong Kong market in 2023, XTransfer has continued to provide local foreign trade SMEs with cross-border financial services, including global collections, payments, and foreign exchange. The XTransfer-to-XTransfer (X2X) payment service enables buyers and sellers to complete "Account-to-Account" fund transfers through the XTransfer platform, achieving secure, compliant, and twenty-four-seven instant payment similar to local transfers. This significantly reduces handling fees and FX costs, and notably improves operating capital efficiency and stability of cash turnover.

In Singapore and the ASEAN market, XTransfer continues to accelerate its expansion. This year, the company obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS) and launched local services in Singapore. Leveraging the institutional and infrastructural strengths of Hong Kong and Singapore, two international financial hubs, XTransfer is rapidly enabling multiple local currencies settlement capabilities. Its services now cover regions and countries across North America, the Eurozone, Australia, ASEAN, Latin America, and Africa, supporting over 30 local currencies. This helps alleviate transaction frictions arising from USD shortages in emerging markets, reduces forced FX conversions and exchange losses by correspondent banks, and enables SMEs to settle in ways closer to buyers' local practices.
Hashtag: #XTransfer #HKFTW2025 #SFF2025 #Crossborder #Payment #SMEs






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

Times Magazine

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...

Worried AI means you won’t get a job when you graduate? Here’s what the research says

The head of the International Monetary Fund, Kristalina Georgieva, has warned[1] young people ...

How Managed IT Support Improves Security, Uptime, And Productivity

Managed IT support is a comprehensive, subscription model approach to running and protecting your ...

AI is failing ‘Humanity’s Last Exam’. So what does that mean for machine intelligence?

How do you translate ancient Palmyrene script from a Roman tombstone? How many paired tendons ...

Does Cloud Accounting Provide Adequate Security for Australian Businesses?

Today, many Australian businesses rely on cloud accounting platforms to manage their finances. Bec...

Freak Weather Spikes ‘Allergic Disease’ and Eczema As Temperatures Dip

“Allergic disease” and eczema cases are spiking due to the current freak weather as the Bureau o...

The Times Features

5 Cool Ways to Transform Your Interior in 2026

We are at the end of the great Australian summer, and this is the perfect time to start thinking a...

What First-Time Buyers Must Know About Mortgages and Home Ownership

The reality is, owning a home isn’t for everyone. It’s a personal lifestyle decision rather than a...

SHOP 2026’s HOTTEST HOME TRENDS AT LOW PRICES WITH KMART’S FEBRUARY LIVING COLLECTION

Kmart’s fresh new February Living range brings affordable style to every room, showcasing an  insp...

Holafly report finds top global destinations for remote and hybrid workers

Data collected by Holafly found that 8 in 10 professionals plan to travel internationally in 202...

Will Ozempic-style patches help me lose weight? Two experts explain

Could a simple patch, inspired by the weight-loss drug Ozempic[1], really help you shed excess k...

Parks Victoria launches major statewide recruitment drive

The search is on for Victoria's next generation of rangers, with outdoor enthusiasts encouraged ...

Labour crunch to deepen in 2026 as regional skills crisis escalates

A leading talent acquisition expert is warning Australian businesses are facing an unprecedented r...

Technical SEO Fundamentals Every Small Business Website Must Fix in 2026

Technical SEO Fundamentals often sound intimidating to small business owners. Many Melbourne busin...

Most Older Australians Want to Stay in Their Homes Despite Pressure to Downsize

Retirees need credible alternatives to downsizing that respect their preferences The national con...