Latest news with #PaymentSolutions
Zawya
6 days ago
- Business
- Zawya
XTransfer Wins Best Payments and Collections Solution at The Asset Triple A Awards 2025
HONG KONG SAR - Media OutReach Newswire - 24 June 2025 - XTransfer, the World's Leading & China's No.1 B2B Cross-Border Trade Payment Platform, is proud to announce that, together with Deutsche Bank, it has been awarded the "Best Payments and Collections Solution – Hong Kong" at The Asset Triple A Awards 2025. The "Best Payments and Collections Solution – Hong Kong" award acknowledges XTransfer's remarkable accomplishments in advancing payment and collection solutions. In collaboration with Deutsche Bank, XTransfer offers the "Global Multi-Currency Account", which allows clients to seamlessly receive multiple currencies within a single account, significantly enhancing treasury management efficiency. This award highlights the outstanding capabilities of both parties in providing efficient, secure, and convenient cross-border payment and collection services for small and medium-sized enterprises (SMEs). Bill Deng, Founder and CEO of XTransfer, remarked, "We are deeply honoured to receive The Asset Triple A Award. This recognition is a testament to the exceptional efforts of our team in providing secure, low-cost, fast, and convenient payment solutions for global foreign trade enterprises. From the very beginning, XTransfer has been committed to helping businesses overcome the complexities and high costs of cross-border payments through technological innovation and high-quality financial services, enabling them to compete in the global economy with lower barriers to entry. Looking ahead, XTransfer will further strengthen its collaboration with Deutsche Bank and other leading international financial institutions to enable enterprises to enjoy the same level of cross-border financial services as large multinational corporations." Chintan Shah, Deutsche Bank's Head of Corporate Coverage for APAC & MEA said: "One of our core strengths as a Global Hausbank is helping companies expand their reach through our cross-border payment capabilities and broad global network. We are delighted for our multi-currency payment solution for XTransfer to be recognised by The Asset, and we look forward to continuing to find new and innovative ways to help them broaden their capabilities, streamline processes and empower their clients to navigate global trade to increase their competitiveness." The Asset Triple A Awards, organised by The Asset magazine, holds high esteem within the financial industry and celebrates outstanding achievements and best practices of companies that have launched or helped implement initiatives in corporate treasury management, trade finance, supply chain and/or risk management in Asia Pacific, the Middle East, Europe and North America. Hashtag: #XTransfer #TheAsset #3AAwards #DeutscheBank #Crossborder #Payment #SMEs 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 cost 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 licenses in Mainland China, Hong Kong SAR, Singapore, the United Kingdom, the Netherlands, the United States, Canada, and Australia. With more than 600,000 enterprise clients, XTransfer has become the industry No.1 in China. 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 possesses 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: XTransfer
Finextra
18-06-2025
- Business
- Finextra
US Bank expands embedded payment suite
U.S. Bank has unveiled an expanded suite of embedded payment solutions, offering businesses across industries a powerful way to integrate efficient, secure payment capabilities directly into their existing systems. 0 U.S. Bank Embedded Payment Solutions are built for websites, apps, enterprise systems and fintech integrations to enable companies to deliver fast, simple and secure payment experiences for customers, employees and suppliers. The enhanced offering includes a robust for-benefit-of (FBO) solution for companies to move money on behalf of their customers. The FBO account structure supports unlimited virtual accounts, allowing businesses to easily identify and track funds for each participant. By integrating leading account, payment and risk management technology, U.S. Bank efficiently verifies and onboards customers and provides ongoing, simplified payment support. A broad range of payment types - including instant payments - are available to accommodate payer and payee needs and preferences. 'Today's finance leaders are under increasing pressure to optimize liquidity, reduce friction in payments, move quickly and enhance the customer experience,' said Kristy Carstensen, head of U.S. Bank Treasury and Payment Solutions. 'Our expanded embedded payments suite empowers organizations to embed secure, real-time payment capabilities directly into their platforms—streamlining operations and strengthening financial control.' This expansion reflects U.S. Bank's ongoing work to integrate payment capabilities into the software and platforms businesses rely on daily while enabling faster, easier and secure financial transactions. Through Elavon, its wholly owned subsidiary, the bank has long supported embedded, technology-driven merchant acquiring solutions. 'We are leveraging our comprehensive range of services - from merchant processing to treasury management - to deliver integrated, embedded solutions that provide efficient and secure transactions tailored to the dynamic needs of businesses,' said Jamie Walker, CEO of Elavon. Examples of the types of companies that can utilize embedded payments include fintechs, insurance carriers, healthcare systems, online auto retailers, title companies and more. Basefund - a fintech platform serving municipalities and corporations - integrates U.S. Bank's payment capabilities to securely process high-value, multi-party transactions. 'Our customers value how easy it is to use our platform to make their transactions secure. With U.S. Bank Embedded Payment Solutions, we can now process those transactions in the application while also providing the risk, security and compliance expertise of one of the nation's leading banks,' said Basefund CEO Robert White. Rain - a fintech used by employers to provide employees instant access to their wages - utilizes U.S. Bank Embedded Payment Solutions to facilitate payments on behalf of its customers. "U.S. Bank has been an exceptional partner, providing a robust payments and banking platform that enables Rain to deliver real-time earned wage access to millions of employees each month. We look forward to deepening this collaboration, driving innovation together, and setting a new standard for how earned wage access is delivered across the market," said Rain COO Fred Choquette.
Business Wire
06-05-2025
- Business
- Business Wire
Nihon Kohden Payment Solutions Launches to Help Healthcare Facilities Acquire Critical Tech
IRVINE, Calif.--(BUSINESS WIRE)-- Nihon Kohden, a global leader in medical device innovation for high-precision patient monitoring and diagnostics, is proud to announce the launch of Nihon Kohden Payment Solutions (NK Payment Solutions), a comprehensive program designed to help healthcare facilities acquire vital equipment without capital constraints. With customizable plans and flexible payment structures, NK Payment Solutions empowers hospitals to invest in advanced patient monitoring and diagnostics technologies while preserving cash flow, existing credit lines and long-term financial flexibility. As a trusted partner to many of the nation's top hospitals, Nihon Kohden delivers advanced patient monitoring, neurology, sleep and ventilation technologies designed to improve outcomes and operational efficiency. With demand rising for these high-performance solutions—driven by new standards of care, clinical staffing challenges and a growing focus on real-time data—NK Payment Solutions helps providers adopt cutting-edge equipment while reducing the impact of capital expenditures. 'NK Payment Solutions was developed in direct response to the financial pressures our customers face, including shrinking budgets, shifting priorities and the ongoing need to do more with less,' said Gary Counter, Senior Vice President of North America Sales at Nihon Kohden America. 'With NK Payment Solutions, healthcare systems can move forward with critical technology upgrades—without compromising cash flow or putting essential improvements on hold.' Now available nationwide, NK Payment Solutions offers hospitals a flexible path to acquire essential equipment—whether upgrading existing systems or investing in new technology. Key features and benefits include: Creative Payment Terms: With term lengths ranging from 12 to 60 months, clients have the flexibility to choose a financing structure that aligns with their budget cycles and long-term planning goals. Flexible Financing Structures: A full range of capital and operating leases with predictable monthly payments. Options include $1 buyout or fair market value, as well as bridge-to-budget, deferred, step-up/down, seasonal and skip payment plans—fully customizable to meet financial needs. No Up Front Costs: Infrastructure, installation and training costs are included in initial pricing—eliminating surprise expenditures. Total Protection Programs: Extended warranties and damage protection are built into the lease, providing peace of mind and cost predictability. Scalable Agreements: Easily expand existing leases to accommodate growth or evolving technology needs—without restarting the process. Dedicated Program Support: Strategic support from Nihon Kohden representatives throughout the lease term ensures alignment between financial planning and clinical goals. As the demand for advanced technologies continues to rise, NK Payment Solutions offers a smarter, more sustainable path to modernization—empowering healthcare providers to focus on what matters most: Exceptional care, efficient workflows and better outcomes. To learn more about Nihon Kohden Payment Solutions, visit About Nihon Kohden: Founded in Japan in 1951, Nihon Kohden is a leading manufacturer, developer and distributor of medical electronic equipment, with subsidiaries in the U.S., Europe, Asia and Latin America. The company's products are now used in more than 120 countries, and it is the largest supplier of electroencephalography products worldwide. A pioneer in transformational healthcare technology, Nihon Kohden has envisioned, designed and produced revolutionary devices, such as pulse oximeters, arrhythmia analysis, low-invasive blood volume monitoring and wireless patient monitoring. Visit to learn more; and follow Nihon Kohden on Facebook and LinkedIn.
