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FAQ: XTransfer at the 2026 Summer Davos Forum
XTransfer, the world's leading B2B cross-border trade payment platform, attended the 2026 Summer Davos Forum as a new institutional member of the World Economic Forum, highlighting SME resilience and its own growth.
The article covers XTransfer's participation in the World Economic Forum's 2026 Summer Davos, where it became an institutional member and CEO Bill Deng discussed the role of SMEs in globalization and challenges in cross-border payments.
XTransfer became an institutional member of the World Economic Forum, the only one from China's B2B cross-border payments sector, marking a shift from participant to co-builder in global discussions.
Deng stated that SMEs act as a 'buffer' for globalization due to their light-asset models and ability to quickly adapt, enter, or exit markets, making them more resilient than large enterprises amid deglobalization and geopolitical risks.
He identified compliance demands, geopolitics, and varying regulatory regimes as key obstacles, with risk control and compliance being the toughest challenges.
XTransfer uses its self-developed LLM, TradePilot, to keep fraud rates at 0.003%, among the industry's lowest, enabling safe, efficient, and compliant transactions for SMEs.
As of 2026, XTransfer had over 890,000 registered customers, partnerships with 170+ financial institutions, services in 200+ countries, and processed over US$60 billion TPV in 2025.
Deng noted a shift from 'trade going global' to 'ecosystem going global' across manufacturing, brands, culture, and financial services, with SMEs playing a central role.
Visit XTransfer's website at https://www.xtransfer.com or LinkedIn at https://www.linkedin.com/company/xtransfer.cn.