RIO DE JANEIRO: #AI--Emerging markets must strengthen financial infrastructure and improve collaboration across regulators, financial institutions, and technology providers to effectively combat fraud and enable faster B2B cross-border payments, according to XTransfer at Web Summit Rio 2026.

Speaking during the panel “Move Fast, Break Fraud: AI Transforming Risk Management in Global Finance,” Violas Xiao, CEO of Singapore and Latin America at XTransfer, said the fragmented nature of financial infrastructure remains one of the biggest challenges for risk management in emerging economies.

“Fraudsters constantly adapt their behavior and look for weaknesses in the system. As cross-border transactions continue to grow, building secure and scalable payment networks requires both advanced technology and stronger industry cooperation,” Xiao said.

To address these challenges, XTransfer has developed TradePilot, its proprietary AI-powered risk management platform designed specifically for B2B cross-border trade payments. The system automates transaction monitoring, risk assessment, customer profiling, and compliance reviews, helping businesses complete international payments more securely and efficiently.

According to the company, TradePilot has reduced fraud rates to 0.003%, among the lowest levels in the industry. Xiao noted that while AI is becoming increasingly important in financial services, human expertise remains critical for understanding local market conditions, customer needs, and regulatory requirements.

“AI can significantly improve efficiency, but trust, compliance, and local knowledge remain essential components of global financial services,” she added.

XTransfer currently serves nearly 900,000 SMEs across more than 200 countries and processed over US$60 billion in transaction volume in 2025, cementing its position as one of the world’s largest B2B cross-border payment platforms. In Brazil, the company recorded 246% year-on-year growth in January to May 2026, driven by growing demand for efficient cross-border payment solutions and partnerships with leading local financial institutions.

As international trade becomes increasingly digital, XTransfer believes the future of cross-border payments will be shaped by the combination of AI-driven innovation, stronger infrastructure, and closer global cooperation to create a safer, faster, and more inclusive payment ecosystem.

Fonte: Business Wire