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TenPay Global Enables Remittances to China for Non-Chinese Users

Tencent‘s cross-border payment platform, TenPay Global, has launched a remittance service tailored for non-Chinese citizens.

The feature allows international users holding foreig...


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XTransfer and Societe Generale Partner to Enhance Trade Settlement Infrastructure

XTransfer has partnered with European bank Societe Generale to develop cross-border payment and currency settlement solutions for businesses moving money between China and global ma...


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XTransfer and BBVA Partner on Cross-Border Payments in Latin America and Europe

XTransfer has signed a MoU with global financial group BBVA to deepen cross-border payment infrastructure across Latin America and Europe.

The agreement, announced during the Money20/20 ...


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Hong Kong Banks Urged to Upgrade Defenses for AI-Driven Cyberattacks

The Hong Kong Monetary Authority (HKMA) has reminded authorised institutions to review their cyber defenses against frontier AI models.

The regulator warned that advanced AI could commoditise the attack process and exploit zero-day vulnerabilities in ...


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Manulife and Alibaba Cloud to Establish AI Hub for Insurance in Hong Kong

Manulife has partnered with Alibaba Cloud to establish a joint AI hub in Hong Kong.

The collaboration will focus on developing new applications for the insurance sector and embe...


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