XTransfer Calls for Infrastructure Overhaul to Tame Fraud in Emerging Markets
Event summary
- XTransfer's CEO for Singapore and Latin America, Violas Xiao, highlighted fragmented financial infrastructure as a major challenge in emerging markets at Web Summit Rio 2026.
- The company's AI-powered TradePilot platform reduced fraud rates to 0.003%, among the lowest in the industry.
- XTransfer processed over $60 billion in transaction volume in 2025, serving nearly 900,000 SMEs across more than 200 countries.
- In Brazil, XTransfer recorded a 246% year-on-year growth in transactions from January to May 2026.
The big picture
XTransfer's push for stronger financial infrastructure aligns with the broader trend of digital transformation in international trade. As cross-border transactions grow, the combination of AI innovation and regulatory cooperation will be critical in creating a safer and more efficient payment ecosystem. The company's significant transaction volume and rapid growth in Brazil underscore the increasing demand for secure and scalable B2B cross-border payment solutions.
What we're watching
- AI Adoption
- How XTransfer's AI-driven TradePilot will affect fraud prevention in emerging markets.
- Regulatory Collaboration
- Whether stronger collaboration between regulators, financial institutions, and technology providers can sustain secure cross-border payments.
- Market Expansion
- The pace at which XTransfer can expand its services in high-growth emerging markets like Brazil.
Related topics