XTransfer Unveils Whitepaper on Global Trade Settlement and Risk Control

XTransfer has introduced the industry's first whitepaper on a unified global B2B trade settlement network and risk control platform. The document outlines a comprehensive framework aimed at resolving inefficiencies in cross-border payments, providing SMEs with secure and standardized global trade infrastructure.

The X-Net platform connects banks and fintech partners to offer SMEs cost-effective solutions, traditionally accessible only to large corporations. Key features include multi-currency support across 200 regions and an AI-driven risk management system, which recently identified over 10,000 high-risk transactions, preventing approximately USD473 million in potential losses.

With 90% of the platform's value returned to SMEs, XTransfer is shaping a sustainable, collaborative trade landscape. Founder Bill Deng emphasizes the importance of networks over silos in redefining global trade.