Media OutReach
XTransfer and Bank SinoPac Announce Partnership at Hong Kong FinTech Week
“Local Accounts” Help SMEs Reduce FX Losses
HONG KONG SAR – Media OutReach Newswire – 5 November 2025 – XTransfer, World’s Leading B2B Cross-Border Trade Payment Platform and Bank SinoPac, acting through its Hong Kong Branch (hereinafter referred to as the Bank SinoPac Hong Kong Branch) are pleased to announce a comprehensive collaboration. The two parties will jointly expand international operations and provide SMEs engaging in international trade with one-stop cross-border financial solutions, including global and local collections, foreign exchange conversion and FX settlement. Coinciding with Hong Kong FinTech Week 2025, Bill Deng, Founder and CEO of XTransfer, and Lin Chia Yun, Chief Executive of Bank SinoPac Hong Kong Branch, officially signed a memorandum of understanding at the XTransfer booth.
XTransfer is set to collaborate closely with Bank SinoPac Hong Kong Branch in multiple phases to enhance cross-border payment solutions. In the initial phase, with the support of robust network and service capabilities from Bank SinoPac Hong Kong Branch, XTransfer will offer its more than 700,000 customers Global Accounts, Local Currency Accounts, and Foreign Exchange (FX) services. Moving forward, the partnership plans to extend into Vietnam, Taiwan and other regions, allowing customers to settle foreign currency proceeds to Chinese Mainland.
With the “Local Currency Accounts” service, XTransfer customers can receive payments directly from buyers in their local currency. This avoids foreign exchange losses that often occur from currency conversions imposed by intermediary banks during remittance. Additionally, buyers in various markets can pay in their own local currencies, which greatly reduces remittance costs and enhances transaction efficiency and cash flow for both parties.
This comprehensive partnership not only adds more functionality for XTransfer’s customers but also helps Bank SinoPac expand its business and reach a broader customer base by working with XTransfer, the B2B industry leader with a leading number of clients.
Bill Deng, Founder and CEO of XTransfer, said, “We are delighted to announce our comprehensive collaboration with Bank SinoPac Hong Kong Branch during Hong Kong FinTech Week. This marks a new starting point in upgrading XTransfer’s service. With more robust local collection and multi-currency settlement capabilities, we will make cross-border payments faster, cheaper, and more reliable, helping SMEs connect with global markets at lower costs and higher efficiency. Meanwhile, we will continue to enhance compliance and risk management to build a trusted cross-border financial infrastructure.”
Lin Chia Yun, Chief Executive of Bank SinoPac Hong Kong Branch, said, “Bank SinoPac has long been committed to providing innovative and diversified financial solutions. We look forward to this collaboration with XTransfer. It is not only a business alliance but also our shared commitment to creating value for the market. We believe that through our joint efforts, we can deliver better services and experiences to our customers. Looking ahead, we will continue to deepen cooperation and create more possibilities together.”
Hashtag: #XTransfer #BankSinopac #Crossborder #Payment #SMEs #HKFTW
https://www.xtransfer.com
https://www.linkedin.com/company/xtransfer.cn
https://x.com/xtransferglobal
https://www.instagram.com/xtransfer.global
The issuer is solely responsible for the content of this announcement.
About XTransfer
XTransfer, the world-leading and China’s No.1 B2B Cross-Border Trade Payment Platform, is dedicated to providing small and medium-sized enterprises (SMEs) with secure, compliant, fast, convenient and low-cost foreign trade payment and fund collection solutions, significantly reducing the costs of global expansion and enhancing global competitiveness. Founded in 2017, the company is headquartered in Shanghai and has branches in Hong Kong SAR, the United Kingdom, the Netherlands, the United States, Canada, Australia, Singapore, Vietnam, Thailand, Malaysia, the Philippines, the UAE, and Nigeria. XTransfer has obtained local payment licences in the Chinese Mainland, Hong Kong SAR, Singapore, the United Kingdom, the Netherlands, the United States, Canada, and Australia. To date, XTransfer serves over 700,000 enterprise clients worldwide.
By cooperating with well-known multinational banks and financial institutions, XTransfer has built a unified global multi-currency clearing network and a data-based, automated, internet-based and intelligent anti-money laundering risk control infrastructure centred on SMEs. XTransfer uses technology as a bridge to link large financial institutions and SMEs around the world, allowing SMEs to enjoy the same level of cross-border financial services as large multinational corporations.
XTransfer completed its Series D financing in September 2021 and achieved unicorn status. The company has a diverse composition of international investors, including D1 Capital Partners LP, Telstra Ventures, China Merchants Venture, eWTP Capital, Yunqi Capital, Gaorong Capital, 01VC, MindWorks and Lavender Hill Capital Partners.
For more information, please visit: https://www.xtransfer.com/
About Bank SinoPac
Bank SinoPac actively expands toward a global market, establishing 3 branches in the Hong Kong/Macau area, in Hong Kong, Kowloon, and Macau. In the first quarter of 2014, Bank SinoPac further established a new subsidiary, Bank SinoPac (China) Ltd, and a branch in Nanjing, China, becoming the first wholly-owned subsidiary in China by a Taiwanese bank. In January, 2025, Bank SinoPac acquired 80% equity in Amret Plc., the largest Microfinance Deposit-Taking Institutions in Cambodia. Complemented by service points around the Pacific Rim, including Los Angeles in the United States and Ho Chi Minh City and Hanoi in Vietnam, Bank SinoPac has formed a strong and extensive service network, providing customers with comprehensive and all-encompassing services.
Media OutReach
Swiss-Belhotel International Unveils Mobile App, Advancing its Integrated Digital Ecosystem
The launch of the Swiss-Belhotel International Mobile App completes a strategic technology upgrade initiated last year, which included the implementation of a new booking engine, the transition to an enhanced website, and the introduction of an advanced Customer Relationship Management (CRM) system. With the addition of the mobile app, Swiss-Belhotel International now offers a fully connected digital ecosystem, ensuring a seamless journey from discovery to booking and beyond.
Commenting on the launch, Matthew Faull, Executive Director and Senior Vice President – Information Technology, E-commerce and Distribution, said: “The launch of the Swiss-Belhotel International Mobile App represents the completion of a carefully structured digital transformation programme. By aligning our booking engine, website, CRM and now mobile platform into one connected ecosystem, we are able to deliver a more efficient, responsive and guest-centric experience. This is not simply about technology adoption, but about creating meaningful value through integration.”
Adding to this, Priyanka Kapoor, Group Director – Sales, Marketing, Branding and Communications, said: “At the heart of this launch is our commitment to our loyal guests. The Swiss-Belhotel International Mobile App allows us to offer greater value, more personalised engagement, and exclusive member benefits. It reinforces our focus on direct relationships with our guests, ensuring they receive the best rates, the best privileges, and a seamless brand experience.”
Built around the principle of ‘One App, Many Benefits,’ the Swiss-Belhotel International Mobile App enables guests to book directly at the best available rates while unlocking exclusive member privileges. Users can easily sign up or log in to access personalised offers, ensuring that loyal guests are consistently recognised and rewarded.
More than a booking tool, the app is designed to simplify the entire travel journey, offering a streamlined, intuitive interface that enhances both convenience and engagement. By integrating its core digital platforms into a single environment, Swiss-Belhotel International strengthens its ability to deliver a consistent and elevated guest experience across all touchpoints.
As digital expectations continue to evolve, Swiss-Belhotel International remains focused on investing in technologies that enhance accessibility, strengthen guest relationships, and support long-term growth. The Swiss-Belhotel International Mobile App stands as a key step in this direction – bringing together innovation, efficiency, and guest-centricity within a single, unified platform.
Hashtag: #SwissBelhotelInternational #HospitalityTechnology #Hospitality
https://www.swiss-belhotel.com/
https://www.linkedin.com/company/swiss-belhotel-international/
https://www.facebook.com/swissbelhotel
https://www.instagram.com/swissbelhotel/
https://www.tiktok.com/@swissbelhotel
The issuer is solely responsible for the content of this announcement.
Swiss-Belhotel International
Swiss-Belhotel International operates in 20 countries, managing 165+* hotels, resorts, and projects across New Zealand, Australia, Indonesia, Asia, the Middle East, Africa, and Europe, with regional offices in Hong Kong, New Zealand, Australia, China, Indonesia, UAE, the Philippines, Vietnam, Malaysia, and Thailand. Committed to delivering world-class hospitality, the group also offers the Swiss-Belexecutive Card (SBEC), a loyalty program providing many benefits, discounts from 10% to 35% on rooms, dining, and other services, plus priority check-in, complimentary upgrades, and late check-out. No collecting points, no waiting for redemption, with the free-to-join Green Global tier, members can enjoy instant discounts from their first stay! Book stays and access special offers tailored for SBI guests and SBEC members through the Swiss-Belhotel International App – available in App Store and Google Play Store. Stay connected with us on Facebook, LinkedIn, Instagram, and TikTok for the latest updates and exclusive benefits. Visit swiss-belhotel.com for more information.
*Numbers may fluctuate
From September 2025 to April 2026, the program combined consistent distributions with practical assistance. During this time, more than 1,700 food boxes were delivered, helping ensure access to essential nutrition for elderly residents.
The initiative also included healthcare support. Around 300 people received vision checks, with 152 of them receiving eyeglasses based on the results. In addition, approximately 300 people received medicines each month, supporting the management of common health conditions.
Additional assistance included the distribution of first aid kits, hygiene kits, and prepared meals, helping cover both daily needs and immediate care.
Members of the Olymptrade community also took part in the initiative, joining two distribution days to help with the process and spend time with elderly residents.
The eight-month program marks an important milestone in the partnership, but not its conclusion. Olymptrade plans to continue supporting local communities through similar initiatives, guided by a simple principle: Care that counts.
Hashtag: #Olymptrade
The issuer is solely responsible for the content of this announcement.
Media OutReach
Paymentology and Change Financial join forces to fast-track next-generation payments in Australia
The collaboration combines Paymentology’s cloud-first processing platform with Change Financial’s local BIN sponsorship, regulatory expertise and in-market presence – enabling fintechs, digital banks and programme managers to launch and scale debit, credit and prepaid programmes more efficiently in the Australian market.
Change Financial is a Mastercard Principal Issuer in Australia, providing local scheme connectivity and compliance support. Together with Paymentology’s real-time, multi-cloud processing infrastructure, the partnership creates a streamlined pathway for fintechs looking to enter or expand in the country.
Australia represents one of the world’s most advanced digital payments markets. The national payments market was valued at USD 849.1 billion in 2025 and is projected to reach USD 1.35 trillion by 2034, growing at a CAGR of 5.09% between 2026 and 2034. Cards and mobile wallets now sit at the centre of everyday transactions, as digital adoption continues to accelerate. Australians made approximately AUD 160 billion in mobile wallet payments in the past year alone, with billions of transactions recorded annually, highlighting strong demand for digital-first, contactless and mobile-enabled payment experiences.
Minh Ha Truong, Head of Growth Asia Pacific at Paymentology commented: “Australia is one of the most sophisticated payments ecosystems globally, with strong consumer adoption of digital, contactless and mobile-first experiences. By partnering with Change Financial, we’re combining next-generation issuing infrastructure with trusted local BIN sponsorship and expertise, unlocking faster payment method adoption for fintechs and helping them scale confidently in the Australian market.”
Change Financial brings deep experience supporting fintechs and financial institutions through local sponsorship, scheme relationships and programme enablement.
Jennifer Mateer, Chief Commercial Officer at Change Financial added: “We collaborate closely with fintechs and programme managers every day to launch innovative payment solutions with speed and confidence. Our partnership with Paymentology combines our local market expertise with global-scale issuing infrastructure, enabling innovators to accelerate time to market and deliver compelling card payment experiences to Australian consumers and businesses.”
Hashtag: #Paymentology #Fintech
The issuer is solely responsible for the content of this announcement.
About Paymentology
Paymentology is the leading next-generation issuer processor, empowering fintechs, digital banks and retail banks to effortlessly launch and manage innovative payment solutions on a global scale. The company drives greater customer choice and value through easy-to-use, integrated platforms and services that help clients to disrupt the status quo, accelerate time to market, and achieve growth.
With a superior multi-cloud platform offering a vast global footprint, and enhanced real-time data, Paymentology distinguishes itself as a leader in the payments industry. Its team of payments experts, with deep local market knowledge, operates across 50 countries and 14 time zones, providing 24/7 support. Paymentology is deeply committed to expanding financial inclusion globally, changing lives and positively impacting the communities in which it operates.
For more information, visit https://www.Paymentology.com.
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