XTransfer: Leading the Charge in B2B Cross-Border Payments Innovation
XTransfer: The Leader in B2B Cross-Border Payments
Innovating the Future of Global Trade
In an era where businesses are increasingly reliant on seamless transactions across borders, XTransfer has emerged as a shining beacon of innovation. Recognized with the "Highly Commended" award for the Best In-House Use of AI in Fraud and Financial Crime Detection at the 8th Regulation Asia Awards for Excellence 2025, XTransfer stands out as the only B2B cross-border payment company to achieve such honor this year.
A Momentous Achievement
Held in Singapore on November 20, 2025, the award ceremony saw Clarence Sim, XTransfer’s Compliance Director, accept the accolade on behalf of the organization. This recognition is not just a pat on the back; it underscores XTransfer’s commitment to leveraging technology for safer and more efficient global transactions.
The Power of TradePilot
Central to this achievement is TradePilot, the world’s first Large Language Model (LLM) tailored specifically for the foreign trade finance sector. Developed in-house, TradePilot addresses the well-known challenges that traditional banks face when serving SMEs—namely high manual anti-money laundering (AML) costs, complex transaction data, and intricate cross-jurisdictional compliance requirements.
AI in Action
TradePilot employs advanced AI technologies, including big data analytics, natural language processing, and graph algorithms, to facilitate automated, intelligent risk identification and control throughout the cross-border payment process. By analyzing vast datasets derived from XTransfer’s experience with over 700,000 SMEs, TradePilot provides a more precise, flexible, and cost-effective risk management service.
The Judges’ Verdict
"We were impressed by XTransfer’s innovative application of a custom-built LLM to address the specific fraud and AML challenges in B2B cross-border trade," stated a judging panel member from the Regulation Asia Awards. "The solution leverages a unique dataset to automate compliance for the SME sector, showcasing XTransfer’s vision for making global trade safer and more accessible."
Technological Breakthroughs
XTransfer’s technical team has made remarkable strides during TradePilot’s development, achieving a 9.75% increase in distributed training efficiency through a self-developed hybrid communication engine, along with a 27% reduction in memory consumption for long-text training. These breakthroughs ensure that TradePilot not only processes complex foreign trade documents with high efficiency but does so with unparalleled stability.
A Global Ambition
Following its successful launch in China, TradePilot is now making its way across the globe, with continuous local adaptations to meet various regulatory requirements. The recent rollout of TradePilot 2.0 in October 2025 marks another significant milestone, introducing advances in multimodal data processing and vectorized retrieval—enhancements that allow for a more accurate analysis of transactions and improved order management efficiency.
Conclusion
As businesses face the complexities of global trade in a rapidly evolving landscape, XTransfer is not just leading the charge; it is setting a new standard. With TradePilot, the company not only mitigates risks associated with fraud and financial crime but also empowers SMEs to navigate the cross-border payment landscape more effectively.
In an industry ripe for innovation, XTransfer’s commitment to utilizing cutting-edge technology will undoubtedly shape the future of B2B cross-border payments. If you’re looking to make your global transactions not just feasible but also secure and efficient, XTransfer and its revolutionary TradePilot solution are here to lead the way.