{"id":38508,"date":"2025-11-13T13:08:14","date_gmt":"2025-11-13T06:08:14","guid":{"rendered":"https:\/\/thaipropertynews.com\/feeds\/?p=38508"},"modified":"2025-11-13T13:08:14","modified_gmt":"2025-11-13T06:08:14","slug":"xtransfer-and-maybank-announce-strategic-partnership-at-singapore-fintech-festival-2025","status":"publish","type":"post","link":"https:\/\/thaipropertynews.com\/feeds\/?p=38508","title":{"rendered":"XTransfer and Maybank Announce Strategic Partnership at Singapore FinTech Festival 2025"},"content":{"rendered":"\n\n\n
\"\"<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Expanding Cross-border Payment and Shariah-Compliant\u00a0<\/b>Solutions Across ASEAN<\/b><\/p>\n

SINGAPORE<\/span><\/span>, Nov. 13, 2025<\/span><\/span> \/PRNewswire\/ — XTransfer<\/b>, the world’s leading B2B cross-border trade payment platform, and Maybank<\/b>, a leading bank in ASEAN,\u00a0are pleased to announce a strategic partnership to expand cross-border payment and Shariah-compliant solutions. Coinciding with Singapore FinTech Festival 2025, senior representatives of XTransfer and Maybank officially signed the Memorandum of Understanding (MOU) at the event.<\/p>\n

\n

\"Bill <\/a>
Bill Deng, Founder and CEO of XTransfer (Left) and Dato\u2019 Sri Khairussaleh Ramli, President and Group CEO of Maybank (Right) signed MOU during Singapore Fintech Festival 2025.<\/span><\/p>\n<\/div>\n

Under the collaboration, XTransfer and Maybank will harness their respective strengths to deliver one-stop cross-border financial solutions, spanning domestic and cross-border payments and FX conversion, across key ASEAN markets, Hong Kong<\/span>, United Kingdom<\/span> and United States<\/span>.<\/p>\n

The parties will leverage new technologies and innovations,\u00a0including APIs, digital platforms, collection solutions, and virtual accounts, to enable automated, real-time, and seamless FX conversion and transaction processing, enhancing the scalability, efficiency, and reliability of cross-border financial services.<\/p>\n

Recognising the growing demand for Islamic finance-compliant services in ASEAN, XTransfer and Maybank will also explore and develop Shariah-compliant FX and payment offerings tailored to regional needs, broadening financial inclusion and meeting the evolving requirements of businesses seeking Shariah-compliant solutions.<\/p>\n

This comprehensive partnership deepens XTransfer’s Southeast Asia<\/span> coverage and multi-currency settlement capabilities, while supporting Maybank’s strategy to strengthen its regional franchise and ecosystem connectivity.<\/p>\n

Bill Deng<\/span>, Founder and CEO of XTransfer<\/b>, said, “This collaboration with Maybank marks a significant step in elevating our services across ASEAN. With stronger local collection, FX conversion, and potential Shariah-compliant settlement capabilities, we will help businesses reduce costs, enhance cash flow, and improve transaction efficiency. We will continue to strengthen compliance and risk management to build a trusted cross-border financial infrastructure for our clients.”<\/p>\n

Dato’ Sri Khairussaleh Ramli, President and Group CEO of Maybank<\/b> (<\/b>\u62ff\u7763\u65af\u91cc\u51ef\u9c81\u6c99\u70c8<\/b>, <\/b>\u603b\u88c1\u517c\u96c6\u56e2\u9996\u5e2d\u6267\u884c\u5b98<\/b>\u00a0\u9a6c\u6765\u4e9a\u94f6\u884c<\/b>) <\/b>said, “Together with XTransfer, we can enable more seamless cross-border payments and collections with competitive forex rates for merchants engaged in ASEAN-China<\/span> trade, and participate in the surging flows between the two regions\u2014now each other’s largest trading partners. Total trade value is on track to reach USD1 trillion<\/span> this year. This collaboration also opens opportunities to develop innovative solutions for businesses. With Maybank’s presence in the key ASEAN markets, we are truly well positioned to support their cross-border needs.”<\/p>\n

\n<\/div>","protected":false},"excerpt":{"rendered":"

<\/p>\n\n\n\n
\"\"<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Expanding Cross-border Payment and Shariah-Compliant\u00a0<\/b>Solutions Across ASEAN<\/b><\/p>\n

SINGAPORE<\/span><\/span>, Nov. 13, 2025<\/span><\/span> \/PRNewswire\/ — XTransfer<\/b>, the world’s leading B2B cross-border trade payment platform, and Maybank<\/b>, a leading bank in ASEAN,\u00a0are pleased to announce a strategic partnership to expand cross-border payment and Shariah-compliant solutions. Coinciding with Singapore FinTech Festival 2025, senior representatives of XTransfer and Maybank officially signed the Memorandum of Understanding (MOU) at the event.<\/p>\n

\n

\"Bill <\/a>
Bill Deng, Founder and CEO of XTransfer (Left) and Dato\u2019 Sri Khairussaleh Ramli, President and Group CEO of Maybank (Right) signed MOU during Singapore Fintech Festival 2025.<\/span><\/p>\n<\/div>\n

Under the collaboration, XTransfer and Maybank will harness their respective strengths to deliver one-stop cross-border financial solutions, spanning domestic and cross-border payments and FX conversion, across key ASEAN markets, Hong Kong<\/span>, United Kingdom<\/span> and United States<\/span>.<\/p>\n

The parties will leverage new technologies and innovations,\u00a0including APIs, digital platforms, collection solutions, and virtual accounts, to enable automated, real-time, and seamless FX conversion and transaction processing, enhancing the scalability, efficiency, and reliability of cross-border financial services.<\/p>\n

Recognising the growing demand for Islamic finance-compliant services in ASEAN, XTransfer and Maybank will also explore and develop Shariah-compliant FX and payment offerings tailored to regional needs, broadening financial inclusion and meeting the evolving requirements of businesses seeking Shariah-compliant solutions.<\/p>\n

This comprehensive partnership deepens XTransfer’s Southeast Asia<\/span> coverage and multi-currency settlement capabilities, while supporting Maybank’s strategy to strengthen its regional franchise and ecosystem connectivity.<\/p>\n

Bill Deng<\/span>, Founder and CEO of XTransfer<\/b>, said, “This collaboration with Maybank marks a significant step in elevating our services across ASEAN. With stronger local collection, FX conversion, and potential Shariah-compliant settlement capabilities, we will help businesses reduce costs, enhance cash flow, and improve transaction efficiency. We will continue to strengthen compliance and risk management to build a trusted cross-border financial infrastructure for our clients.”<\/p>\n

Dato’ Sri Khairussaleh Ramli, President and Group CEO of Maybank<\/b> (<\/b>\u62ff\u7763\u65af\u91cc\u51ef\u9c81\u6c99\u70c8<\/b>, <\/b>\u603b\u88c1\u517c\u96c6\u56e2\u9996\u5e2d\u6267\u884c\u5b98<\/b>\u00a0\u9a6c\u6765\u4e9a\u94f6\u884c<\/b>) <\/b>said, “Together with XTransfer, we can enable more seamless cross-border payments and collections with competitive forex rates for merchants engaged in ASEAN-China<\/span> trade, and participate in the surging flows between the two regions\u2014now each other’s largest trading partners. Total trade value is on track to reach USD1 trillion<\/span> this year. This collaboration also opens opportunities to develop innovative solutions for businesses. With Maybank’s presence in the key ASEAN markets, we are truly well positioned to support their cross-border needs.”<\/p>\n

\n<\/div>\n

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