X-Transfer CEO advocates for adoption of ‘cutting edge’ technologies to transform foreign trade ecosystems

XTransfer CEO Bill Deng, has called on business leaders to harness the power of cutting-edge technologies in an effort to transform foreign trade ecosystems during the 54th Annual Meeting of the World Economic Forum in Davos, Switzerland.

This year’s World Economic Forum Annual Meeting will focus on the theme of “Rebuilding Trust” and feature in-depth discussions around four key areas, including world security and cooperation, creating growth and jobs, artificial intelligence as a driver for economic and social development, as well as long-term strategies to combat climate change and achieve carbon neutrality.

Bill Deng, Founder and CEO of XTransfer, said, “The world faces many uncertainties, with sluggish economic growth and a fragile international trade environment. We are eager to engage in active discussions with political and business leaders on leveraging cutting-edge technology to establish more convenient conditions for the foreign trade ecosystems to promote trade flows between countries, thereby driving economic development. XTransfer aspires to utilise technological innovation in assisting Micro-, Small and Medium-sized Enterprises (Micro & SMEs) in emerging countries to enhance their export capabilities, rebuild mutual trust and collaboration between different nations, contributing to positive change on a global scale while showcasing the innovative spirit and capabilities of Chinese enterprises,” said Deng.

XTransfer aims to provide seamless and efficient cross-border trade payment services to global SMEs.

Leveraging cutting-edge AI technology, XTransfer serves as a bridge connecting leading international banks like J.P. Morgan, Deutsche Bank and DBS Bank with over 400,000 SMEs, allowing SMEs to enjoy the same level of cross-border financial services as large multinational corporations.

XTransfer’s participation in the World Economic Forum aligns with its mission to drive innovation to enhance financial inclusion for Micro & SMEs worldwide.

XTransfer also support Micro & SMEs with generative AI tools, fostering their competitiveness and growth, and reducing the potential inequality.

Previous ArticleNext Article


The free newsletter covering the top industry headlines