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XTransfer Receives In-Principle-Approval For MPI License from Monetary Authority of Singapore Facilitating Cross-Border Remittances for Local SMEs

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SINGAPORE, July 16, 2024 /PRNewswire/ — XTransfer, the World’s Leading & China’s No.1 B2B Cross-Border Trade Payment Platform, is pleased to announce that it has received in-principle approval (IPA) from the Monetary Authority of Singapore (MAS) for a Major Payment Institution License (MPI). This license will allow XTransfer to provide services including account issuance, domestic money transfer, cross-border money transfer, and e-money issuance.

After obtaining the MPI license, XTransfer is set to introduce comprehensive e-business wallet services in Singapore. These will include seamless account opening, convenient top-up options, efficient currency exchange services, and streamlined cross-border fund collection and payment solutions tailored specifically for small and medium-sized enterprises (SMEs) engaged in global trade. Leveraging our advanced technological capabilities, rigorous risk management practices, and strategic business approach, XTransfer aims not only to enhance trade facilitation between SMEs in China and Singapore but also to facilitate smooth foreign trade transactions between Singaporean companies and their global counterparts.

Founded in 2017, XTransfer is dedicated to using technology to bridge large financial institutions and SMEs worldwide, providing them with secure, compliant, fast, convenient and low-cost cross-border trade payment & fund collection solutions. With more than 450,000 enterprise clients, XTransfer has become the industry leader in China. Earlier this year, the company officially launched its international service. Trading companies worldwide are now starting to use XTransfer, which helps sellers address the challenging issue of fund collection and also caters to the global buyer side. When both buyers and sellers use XTransfer accounts, they can achieve secure and compliant 24/7 payment settlement, potentially saving 95% on remittance fees and 20% on currency conversion costs. This facilitates uninterrupted fund circulation throughout the entire trade process.

“We’re thrilled to have received IPA from the MAS. This approval marks a pivotal moment for us to strengthen our presence in Singapore and the region. Singapore, as the hub of Southeast Asia, enjoys a strategic geographic advantage, not only as an international financial centre but also as a leading centre of international trade, with one of the world’s top-ranked ports.” said Bill Deng, Founder and CEO of XTransfer, “In the following period, our focus will be on the prompt deployment of our localised solutions to cater the needs of Singaporean SMEs. Subsequently, our endeavour will extend to Southeast Asia, utilising technology to help SMEs efficiently participate in global trade and enhance their global competitiveness.”

About XTransfer
XTransfer, World’s Leading & China’s No.1 B2B Cross-Border Trade Payment Platform, is dedicated to providing SMEs with secure, compliant, fast, convenient and low-cost foreign trade payment & 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, Japan, Australia, and Singapore. XTransfer has obtained local payment licenses in Hong Kong SAR, the United Kingdom, the United States, Canada, and Australia. With more than 450,000 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 built a data-based, automated, Internet-based and intelligent anti-money laundering risk control infrastructure centred on small and medium enterprises. XTransfer uses technology as a bridge to link large financial institutions and small and medium enterprises 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: https://www.xtransfer.com/

 

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SOURCE XTransfer

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VOX Solutions redefines telecom excellence with a record number of seven industry awards in 2024

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January 15, 2025

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HONG KONG, Jan. 15, 2025 /PRNewswire/ — VOX Solutions, a leading innovator in the telecom sector, has made waves in 2024 by securing an impressive seven prestigious awards. This year’s accolades not only underscore VOX Solutions’ groundbreaking contributions to the industry, but also spotlight its unwavering drive to transform the future of global communication. From harnessing AI to creating innovative monetisation strategies, VOX Solutions continues to lead the charge in reshaping the international telecom landscape.

VOX Solutions’ success is a testament to its relentless pursuit of excellence and highlight the company’s commitment to innovation, security, and delivering unparalleled value to its partners and customers worldwide.

2024 Award Highlights:

Tier 1 Vendor in ROCCO’s 2024 SMS Monetisation Market Impact Report: Setting the gold standard in SMS monetisation solutions for mobile network operators (MNOs).Tier 1 Vendor in ROCCO’s 2024 A2P SMS Messaging Market Impact Report: Redefining seamless and reliable A2P SMS messaging services on a global scale.Best AI Integration at the Antonio Meucci Global Telco Awards: Pioneering the use of artificial intelligence to revolutionize connectivity and operational efficiency.Best AI/ML Innovation at the Global Connectivity Awards: Transforming telecom with innovative AI and machine learning technologies.Best Security Solution Provider at the CC-Global Awards: Reinforcing its leadership in creating secure and robust telecommunications solutions.Platinum Award for Best Flash Call Authentication Solution at Future Digital Awards: Innovating authentication technologies to enhance security and user experience.Most Innovative Product/Service/Automation Europe at the Telecom Review Excellence Awards: Continually raising the bar with visionary product development and automation solutions.

Reflecting on this momentous achievement, Ehsan Ahmadi, CEO of VOX Solutions, said, “This incredible recognition inspires us to continue pushing the boundaries of what is possible in telecommunications. These awards are also a celebration of our team’s hard work and our unwavering commitment to our partners and customers.”

About VOX Solutions

Vox Solutions simplifies, improves, and optimizes Voice and SMS channels using the latest innovations in technology. The company enables mobile operators to monetize their A2P services in a sustainable way, leveraging proprietary technology.

Vox Solutions utilizes its multi-award-winning anti-fraud technology, VOX-360, to offer a reliable, accurate and real-time view of operators’ voice and SMS services. By partnering with operators, Vox Solutions provides secure & reliable 2FA services to enterprises, globally.

For MNOs, Vox Solutions is focused on monetization of SMS and Voice services, being the first company in the market to offer a Flash Calling (Voice A2P) end-to-end solution.

For the enterprise segment, Vox Solutions focus on A2P messaging, A2P & P2P Voice, while also providing solutions focused on Cloud Communications.

Its unique VOX-360 solution also won numerous global awards for the anti-fraud, flash call authentication and AI/ML innovations.

www.voxsolutions.co

 

View original content:https://www.prnewswire.co.uk/news-releases/vox-solutions-redefines-telecom-excellence-with-a-record-number-of-seven-industry-awards-in-2024-302350656.html

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Shining at CES 2025, TCL Garners Multiple Awards for Display Innovations and Smart Home Solutions

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January 15, 2025

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LAS VEGAS, Jan. 15, 2025 /PRNewswire/ — TCL Electronics, a leading consumer electronics brand and the world’s top two TV brand, has been honored with multiple awards at CES 2025, demonstrating its technological excellence in display innovations and smart home solutions. Among the highlights is the TCL 50 PRO NXTPAPER 5G smartphone, which received the prestigious CES 2025 Innovation Award in the Mobile Devices, Accessories & Apps category.

Additionally, TCL also garnered six accolades at the 2024-2025 Global Top Brands Awards Ceremony (GTB), recognized across a broad range of product categories, from TVs and air conditioners to washing machines. The TCL Premium QD-Mini LED TV X11K received the “Mini LED Display Technology Innovation Award” for its unparalleled visual detail, clarity, and depth. The FreshIN Series Air Conditioner was recognized with the “Smart Fresh Air Technology Innovation Award”, while the TCL Super Drum Series Front Load Washing Machine earned the “Clean Technology Innovation Gold Award”. Furthermore, TCL was named among the “2024-2025 CE Brands Top 10” and “2024-2025 Global TV Brands Top 10”, underscoring its leadership and influence in the industry.

Founded by the International Data Group (IDG) in 2006, these awards, organized by Asia Digital Group and Europe Digital Group, and co-hosted by TWICE with support from IDC, are among the most influential recognitions in the consumer electronics sector. Bill Jiang, Vice President of TCL Industries and General Manager of the Global Marketing Center, accepted the awards on behalf of the company.

Other TCL product categories, such as smart locks, RayNeo AR Glasses, and mobile routers, also received multiple “Best of CES 2025” awards from international media.Besides, TCL’s 5G RedCap dongle, the TCL LINKPORT IK511, along with TCL 50 PRO NXTPAPER 5G were honored with the 2025 CES Picks Award in the TechRadar Pro category. On the eve of CES, TCL was awarded the 2025 Circana Consumer Electronics Performance Award for Top Increase in TV market share in North America.

About TCL Electronics

TCL Electronics (1070.HK) is a leading consumer electronics brand and leader in the global television industry. TCL now operates in more than 160 markets around the world. The company specializes in the research, development, and manufacturing of consumer electronics products ranging from TVs, audio, home appliances, mobile devices, smart glasses, commercial displays, and more. Visit the TCL website at https://www.tcl.com.

SOURCE TCL

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Best Cost Segregation Study Service of 2025 by Techbullion

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January 15, 2025

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Recognition Highlights Cost Segregation Guys’ Expertise and Client-Centric Approach in Delivering Tax Savings for Real Estate Investors Nationwide.

CHEYENNE, Wyo., Jan. 15, 2025 /PRNewswire-PRWeb/ — Cost Segregation Guys, a leading provider of cost segregation services, has been recognized as the best cost segregation study company of 2025 by Techbullion, a trusted resource for financial and technology news. This recognition underscores the company’s dedication to delivering measurable tax-saving solutions for real estate investors nationwide.

Cost Segregation Guys specializes in maximizing tax savings for property owners by accelerating depreciation deductions through comprehensive cost segregation studies. By reclassifying building components and land improvements into shorter recovery periods, the company empowers clients to reduce taxable income and enhance cash flow.

“We are honored to be recognized among the top cost segregation companies for 2025,” said Ivy Yamaro, Manager of Cost Segregation Guys. “This achievement reflects our dedication to providing industry-leading expertise and exceptional service to our clients. Our mission has always been to empower property owners with the tools and insights needed to optimize their financial strategies.”

Cost Segregation Guys has built its reputation on its in-depth knowledge of tax laws, engineering-based analysis, and client-centric approach. With decades of experience, 12,000 happy clients, and over $500m in depreciation for its clients, there is no question their team knows the ins and outs of cost segregation studies. The company’s team of experts combines technical precision with personalized service, ensuring each client receives a customized solution tailored to their specific property and financial goals.

The real estate market in 2025 is becoming increasingly competitive, and cost segregation has emerged as a critical strategy for investors seeking to optimize profitability. Cost Segregation Guys leverages advanced methodologies and stays ahead of industry trends to ensure clients receive tailored solutions that maximize their financial benefits.

Techbullion’s recognition highlights the company’s continued role as a leader in the field. Cost Segregation Guys is celebrated not only for its technical precision but also for its transparency, integrity, and unwavering focus on client success.

For property owners seeking to unlock significant tax savings, Cost Segregation Guys offers innovative tools and resources designed to enhance financial performance. To learn more, visit http://www.costsegregationguys.com or schedule a complimentary consultation.

About Cost Segregation Guys

Cost Segregation Guys is a leading provider of cost segregation services, specializing in helping real estate investors accelerate depreciation and reduce tax liabilities. With a commitment to innovation, precision, and client satisfaction, the company delivers substantial financial benefits to property owners across the country.

Media Contact

David Peterson, Cost Segregation Guys, +1(406) 626-7978, Hey@costsegregationguys.com, https://costsegregationguys.com/

View original content to download multimedia:https://www.prweb.com/releases/best-cost-segregation-study-service-of-2025-by-techbullion-302351426.html

SOURCE Cost Segregation Guys

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