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The only B2B Cross-Border Payments Winner
SINGAPORE, Nov. 20, 2025 /PRNewswire/ -- XTransfer, the world's leading B2B cross-border trade payment platform, has been recognised as Highly Commended in the Best In-house Use of AI in Fraud and Financial Crime Detection at the 8th Regulation Asia Awards for Excellence 2025. Notably, XTransfer is the only B2B cross-border payment company to receive an award at this year's ceremony.
This category recognises organisations that leverage AI to detect and prevent fraud and financial crime, with an emphasis on innovation, effectiveness, and adaptability. XTransfer was recommended for TradePilot, its in-house, world's first Large Language Model (LLM) specifically designed for the foreign trade finance industry, tailored to the complexities of B2B cross-border transactions.
TradePilot addresses the challenges traditional banks face when serving SMEs, high manual anti-money laundering (AML) costs, complex B2B transaction data, and cross-jurisdictional compliance requirements. By integrating advanced AI technologies such as big data analytics, natural language processing, and graph algorithms, TradePilot achieves automated, intelligent risk identification and control throughout the entire cross-border payment process.
"We were impressed by XTransfer's innovative application of a custom-built LLM to address the specific fraud and AML challenges in B2B cross-border trade," said a judge on the Regulation Asia Awards panel. "The solution, TradePilot, leverages a unique, proprietary dataset to automate compliance for the SME sector, demonstrating XTransfer's clear vision for making global trade safer and more accessible."
"We chose to develop TradePilot in-house because existing off-the-shelf solutions on the market cannot accurately address the unique risk scenarios in B2B cross-border trade, characterised by fragmented data and complex patterns," stated Yanfang Liu, XTransfer Co-founder and CTO. "Leveraging data from serving over 700,000 SMEs, TradePilot delivers more precise, flexible, and cost-effective risk management services."
"During development, our technical team achieved key breakthroughs, including a 9.75% increase in distributed training efficiency through self-developed hybrid communication engine and a 27% reduction in memory consumption for long-text training. These advancements ensure TradePilot maintains high efficiency and stability in processing complex foreign trade documents." Liu added.
Following a successful launch in China, TradePilot is being deployed globally and localised to meet diverse regulatory requirements. In October 2025, XTransfer released TradePilot 2.0, delivering breakthroughs in multimodal data processing and vectorised retrieval to more accurately analyse transactions and process trade-related documents, significantly improving client authentication and order management efficiency.
The only B2B Cross-Border Payments Winner
SINGAPORE, Nov. 20, 2025 /PRNewswire/ -- XTransfer, the world's leading B2B cross-border trade payment platform, has been recognised as Highly Commended in the Best In-house Use of AI in Fraud and Financial Crime Detection at the 8th Regulation Asia Awards for Excellence 2025. Notably, XTransfer is the only B2B cross-border payment company to receive an award at this year's ceremony.
This category recognises organisations that leverage AI to detect and prevent fraud and financial crime, with an emphasis on innovation, effectiveness, and adaptability. XTransfer was recommended for TradePilot, its in-house, world's first Large Language Model (LLM) specifically designed for the foreign trade finance industry, tailored to the complexities of B2B cross-border transactions.
TradePilot addresses the challenges traditional banks face when serving SMEs, high manual anti-money laundering (AML) costs, complex B2B transaction data, and cross-jurisdictional compliance requirements. By integrating advanced AI technologies such as big data analytics, natural language processing, and graph algorithms, TradePilot achieves automated, intelligent risk identification and control throughout the entire cross-border payment process.
"We were impressed by XTransfer's innovative application of a custom-built LLM to address the specific fraud and AML challenges in B2B cross-border trade," said a judge on the Regulation Asia Awards panel. "The solution, TradePilot, leverages a unique, proprietary dataset to automate compliance for the SME sector, demonstrating XTransfer's clear vision for making global trade safer and more accessible."
"We chose to develop TradePilot in-house because existing off-the-shelf solutions on the market cannot accurately address the unique risk scenarios in B2B cross-border trade, characterised by fragmented data and complex patterns," stated Yanfang Liu, XTransfer Co-founder and CTO. "Leveraging data from serving over 700,000 SMEs, TradePilot delivers more precise, flexible, and cost-effective risk management services."
"During development, our technical team achieved key breakthroughs, including a 9.75% increase in distributed training efficiency through self-developed hybrid communication engine and a 27% reduction in memory consumption for long-text training. These advancements ensure TradePilot maintains high efficiency and stability in processing complex foreign trade documents." Liu added.
Following a successful launch in China, TradePilot is being deployed globally and localised to meet diverse regulatory requirements. In October 2025, XTransfer released TradePilot 2.0, delivering breakthroughs in multimodal data processing and vectorised retrieval to more accurately analyse transactions and process trade-related documents, significantly improving client authentication and order management efficiency.
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XTransfer Recognised for Best In-house Use of AI in Fraud and Financial Crime Detection in Regulation Asia Awards
PUNE, India, April 2, 2026 /PRNewswire/ -- EKA Mobility, a leading electric vehicles and technology company, today announced a strong 5X year-on-year volume growth in FY 2025–26, with 1,143 units sold and 1,344 electric commercial vehicles produced. This milestone comes on the back of the company's comprehensive electric vehicle portfolio across segments. During the year, EKA entered the M&HCV truck segment, in addition to its existing bus and SCV portfolio. The company is a Champion OEM under the Auto PLI Scheme and has achieved certification across multiple platforms.
"FY 2025–26 is a defining year for EKA Mobility. We are not only scaling volumes but also expanding our manufacturing footprint by adding a new plant recently and increasing our planned annual capacity to 10,000 buses, 6,000 trucks and 24,000 SCVs. With the widest range of fully homologated, born-electric platforms from last-mile to long-haul, we are uniquely positioned as a full-stack EV company. Our growth across electric buses, small commercial vehicles, and now trucks validates both market demand and our execution capability.
India's transition to clean commercial mobility is accelerating, and EKA is at the forefront driving this shift at scale, with technology, innovation, and global ambition."
— Dr. Sudhir Mehta, Founder & Chairman, EKA Mobility
Strong Business Momentum Across Segments
- Electric Bus Leadership:
Secured wins under PM e-Bus Sewa and PM E-DRIVE; deployed vehicles across 15+ states including Maharashtra, Gujarat, Uttar Pradesh, Karnataka, and Delhi - SCV Breakout Year:
Strong uptake of 3S & 6S passenger vehicles and 3W cargo platforms, accelerating last-mile mobility adoption - Electric Trucks:
New Growth Engine: Entry into heavy-duty trucks contributing to growth and expanding presence in logistics electrification - Hydrogen Fuel Cell:
Deployed a 9-metre hydrogen fuel cell bus at Cochin International Airport with KPIT Technologies and BPCL; plans to deploy 15 more buses
Key Highlights:
Global Expansion:
- Commenced electric bus deployments in Africa
- Partnership with Kerchanshe Group for CKD assembly and distribution
- Agreement with NBFI Capital for manufacturing in Australia
Manufacturing Scale-Up:
- Two Pune facilities operational; Pithampur plant to be operational shortly
- Planned annual capacity: 10,000 buses, 6,000 trucks and 24,000 SCVs
Retail Network:
- Expanded dealership network; plans to add 120 dealerships in FY27
Order Book Visibility:
- 6,000+ confirmed e-buses to be delivered over the next two years
About EKA Mobility
EKA Mobility is a Pune-based electric vehicle and technology company focused on transforming India's commercial mobility landscape. With a portfolio spanning electric buses, electric trucks, and small commercial vehicles, EKA combines electric vehicle manufacturing with proprietary AI-powered fleet technology to deliver end-to-end mobility solutions.
EKA Mobility is backed by Mitsui & Co., Ltd. (Japan), VDL Groep (Netherlands), Pinnacle Industries Limited, Enam Holdings and the NIIF India-Japan Fund as equity and strategic partners and has expanded its footprint to markets in East Africa, South Africa, and Australia.
To know more about the company, kindly visit: https://ekamobility.com
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EKA Mobility Achieves 5x Volume Growth
