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Brings X-Net to Latin America to Support SME Foreign Trade Payments
SANTIAGO, Chile, May 13, 2026 /PRNewswire/ -- XTransfer, the world's leading B2B cross-border trade payment platform, participated in the Chile Fintech Forum 2026 as the Platinum sponsor and introduced X-Net in Latin America for the first time. X-Net, a globally unified B2B cross-border settlement network and risk management platform, is designed to connect banks and financial institutions with SMEs, supporting more efficient, secure, and inclusive cross-border payment solutions as China–Latin America trade continues to expand.
Despite rising trade volumes, SMEs still faced "last-mile" friction in cross-border payments. Fragmented domestic rails and local banking practices often required payments to pass through multiple intermediaries and currencies, increasing cost, processing time, and operational failure points. Reliance on USD settlement further added double-conversion fees and FX constraints that could trap working capital and reduce margin predictability. Meanwhile, tighter fraud controls and stricter Anti-Money Laundering (AML) requirements made compliance checks more complex and harder to scale, which could leave legitimate businesses facing friction with onboarding difficulties, account restrictions, or frozen funds.
Introducing X-Net
XTransfer developed X-Net as an infrastructure purpose-built for cross-border B2B trade. The hybrid network works with regulators, banks, and payment institutions to advance standards for fund-flow design, product integration, and risk control.
X-Net serves as a settlement and risk-control layer that links financial institutions to import-export enterprises. By standardising collections, payouts, and compliance workflows across participants, X-Net helps SMEs access the same secure, compliant and seamless payment infrastructure once reserved for multinationals.
The LatAm market potential
Latin America is a clear example of both fast growth and fast upgrading. XTransfer's data shows collections from Latin America rose 94% year-on-year in 2025, outpacing the 8% growth in China's exports to the region over the same period, evidence that exporters are accelerating the shift to secure, compliant collection methods.
The XTransfer Export PMI, a sample survey of XTransfer's 800,000 SME users, selecting over 3,000 companies nationwide, also points to strong fundamentals, with Latin America's export order index at 56.47 and price index at 57.81 in March 2026, above global readings of 53.85 and 56.15. As demand shifts toward electromechanical and optical medical equipment, and with the uptake of optical medical devices comparable to that in the EU, digital collection and settlement tools become critical for improving cash-flow predictability and supporting higher-value trade.
Violas Xiao, Singapore and LatAm CEO of XTransfer, said, "Emerging markets are central to XTransfer's expansion, and in Latin America, we're scaling by building local compliance nodes, strengthening local-currency collection, and integrating with a broader mix of global clearing banks, regional banks, and tier-one PSPs to ensure liquidity and redundant payment paths. Next, we'll deepen coverage in Brazil and Mexico while expanding into growth markets like Chile, Colombia, Peru, and Argentina, improving minor-currency liquidity and risk automation so SMEs can pay and collect more predictably and compliantly."
About XTransfer
XTransfer, the world's largest B2B cross-border trade payment platform with over US$60 billion TPV in 2025, according to CIC. Founded in 2017 as one of the first payment platforms worldwide dedicated to B2B cross-border trade, we serve the largest customer base of over 800,000 registered SMEs globally.
In Latin America, XTransfer operates in partnership with local banks and financial institutions across Brazil, Chile, Colombia, Mexico, and Peru, to give SME buyers access to local payment networks, enabling them to pay their global suppliers using bank transfers, e-wallets, and instant payment methods such as Brazil's Pix.
Brings X-Net to Latin America to Support SME Foreign Trade Payments
SANTIAGO, Chile, May 13, 2026 /PRNewswire/ -- XTransfer, the world's leading B2B cross-border trade payment platform, participated in the Chile Fintech Forum 2026 as the Platinum sponsor and introduced X-Net in Latin America for the first time. X-Net, a globally unified B2B cross-border settlement network and risk management platform, is designed to connect banks and financial institutions with SMEs, supporting more efficient, secure, and inclusive cross-border payment solutions as China–Latin America trade continues to expand.
Despite rising trade volumes, SMEs still faced "last-mile" friction in cross-border payments. Fragmented domestic rails and local banking practices often required payments to pass through multiple intermediaries and currencies, increasing cost, processing time, and operational failure points. Reliance on USD settlement further added double-conversion fees and FX constraints that could trap working capital and reduce margin predictability. Meanwhile, tighter fraud controls and stricter Anti-Money Laundering (AML) requirements made compliance checks more complex and harder to scale, which could leave legitimate businesses facing friction with onboarding difficulties, account restrictions, or frozen funds.
Introducing X-Net
XTransfer developed X-Net as an infrastructure purpose-built for cross-border B2B trade. The hybrid network works with regulators, banks, and payment institutions to advance standards for fund-flow design, product integration, and risk control.
X-Net serves as a settlement and risk-control layer that links financial institutions to import-export enterprises. By standardising collections, payouts, and compliance workflows across participants, X-Net helps SMEs access the same secure, compliant and seamless payment infrastructure once reserved for multinationals.
The LatAm market potential
Latin America is a clear example of both fast growth and fast upgrading. XTransfer's data shows collections from Latin America rose 94% year-on-year in 2025, outpacing the 8% growth in China's exports to the region over the same period, evidence that exporters are accelerating the shift to secure, compliant collection methods.
The XTransfer Export PMI, a sample survey of XTransfer's 800,000 SME users, selecting over 3,000 companies nationwide, also points to strong fundamentals, with Latin America's export order index at 56.47 and price index at 57.81 in March 2026, above global readings of 53.85 and 56.15. As demand shifts toward electromechanical and optical medical equipment, and with the uptake of optical medical devices comparable to that in the EU, digital collection and settlement tools become critical for improving cash-flow predictability and supporting higher-value trade.
Violas Xiao, Singapore and LatAm CEO of XTransfer, said, "Emerging markets are central to XTransfer's expansion, and in Latin America, we're scaling by building local compliance nodes, strengthening local-currency collection, and integrating with a broader mix of global clearing banks, regional banks, and tier-one PSPs to ensure liquidity and redundant payment paths. Next, we'll deepen coverage in Brazil and Mexico while expanding into growth markets like Chile, Colombia, Peru, and Argentina, improving minor-currency liquidity and risk automation so SMEs can pay and collect more predictably and compliantly."
About XTransfer
XTransfer, the world's largest B2B cross-border trade payment platform with over US$60 billion TPV in 2025, according to CIC. Founded in 2017 as one of the first payment platforms worldwide dedicated to B2B cross-border trade, we serve the largest customer base of over 800,000 registered SMEs globally.
In Latin America, XTransfer operates in partnership with local banks and financial institutions across Brazil, Chile, Colombia, Mexico, and Peru, to give SME buyers access to local payment networks, enabling them to pay their global suppliers using bank transfers, e-wallets, and instant payment methods such as Brazil's Pix.
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
XTransfer Joins in Chile Fintech Forum 2026
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The First Time a Game in the Legendary Franchise Comes to Consoles
BELLEVUE, Wash., June 6, 2026 /PRNewswire/ -- Critically-acclaimed game development studio ArenaNet® tonight announced Guild Wars 3™, the third entry in the legendary and beloved Guild Wars® MMORPG franchise and their first new game since 2012. The game will release globally on PC, Steam, and PlayStation 5, marking the first time a Guild Wars game will appear on home consoles. The first beta test is scheduled for fall of 2027.
The official debut trailer features the first in-engine gameplay footage and can be viewed HERE. The first concept art and other assets are hosted at the Guild Wars 3 official press kit.
"Guild Wars 3 is a new era not just for ArenaNet and Guild Wars, but also for MMORPGs as a whole," said Colin Johanson, Guild Wars 3 Game Director and ArenaNet Studio Head. "The MMORPG genre has millions of players worldwide eager for new, modern experiences, and the opportunity to harness that excitement is immense. Our approach with Guild Wars 3 is to push MMORPGs forward, to create an online game world that feels believable, rewarding, responsive, and innovative while at the same time respecting players' time and providing a positive, supportive space to build community and enjoy new stories in our universe."
Taking place over a thousand years before the events of the original game, Guild Wars 3 is set in the Tyrian region of Orr, a vast wilderness frontier imbued with the world's magic. Nature entities with strong connections to the land called Vael spirits embody the vitality of this lush, verdant landscape. Various guilds are engaged in conflict over how to protect or exploit the bounty beyond civilization's borders. These multitudinous spirits will vary in size and influence within the ecosystems around them, with the most notable of these being the Seeker. As seen in the trailer, every player's Seeker will serve as a connection to the spirits of Orr and a mount that will carry them on their journeys through the game's open world.
Players will assume the role of a Vaelwarden, a member of a guild of adventurers committed to preserving and protecting both the spirits of the wild and the land of Orr itself. Through the deep character customization and skill-building gameplay the Guild Wars franchise is known for, players will seek adventure and confront danger across this sumptuous, vibrant online world, growing their relationships with the spirits of the wild, the inhabitants of Orr, and other Vaelwarden players.
A combat system designed from the outset to feel great on both a controller and keyboard rewards positioning by emphasizing the joy of movement and momentum. As players seamlessly transition between various movement modes, they can harness their speed and turn it into bigger damage and impact when fighting their foes.
More information about pricing, beta tests, release date, and gameplay features will be revealed later in 2026 and into 2027. Guild Wars 3 will be available directly from the developers at GuildWars3.com, and can be wishlisted on Steam and the PlayStation Store beginning today, with more information available at the game's official website.
About the Guild Wars Franchise
Guild Wars is the award-winning, visually stunning MMORPG franchise that originally launched in 2005 on PC. Boasting a timeless art-brought-to-life aesthetic, the epic grandeur of massive role-playing environments, fast-paced action combat, large-scale dynamic events that players tackle together in the open world, team-based competitive player-versus-player battles, and a sprawling fantasy storyline, the series is often proclaimed as having the friendliest player community in gaming. Guild Wars was relaunched as Guild Wars Reforged in 2025 and expanded to mobile devices in 2026. Guild Wars 2® launched in 2012 on PC and quickly earned accolades across the industry, including Time Magazine's 2012 Game of the Year. Unlike most competitors, the franchise has always been playable with no subscription fee required, welcoming over 29 million players across its history.
About ArenaNet
ArenaNet is the developer of the best-selling Guild Wars Reforged and the groundbreaking Guild Wars 2 massively multiplayer online PC role-playing games. The studio's mission is to create innovative online worlds, cultivate a vibrant and engaged global community of players, and to incorporate handcrafted artistry into every aspect of their games. ArenaNet formed in 2000, with press and fans consistently calling Guild Wars and Guild Wars 2 two of the best MMOs and RPGs of all time. Based in Bellevue, WA, ArenaNet is a wholly-owned subsidiary of Korean gaming giant NC.
The First Time a Game in the Legendary Franchise Comes to Consoles
BELLEVUE, Wash., June 6, 2026 /PRNewswire/ -- Critically-acclaimed game development studio ArenaNet® tonight announced Guild Wars 3™, the third entry in the legendary and beloved Guild Wars® MMORPG franchise and their first new game since 2012. The game will release globally on PC, Steam, and PlayStation 5, marking the first time a Guild Wars game will appear on home consoles. The first beta test is scheduled for fall of 2027.
The official debut trailer features the first in-engine gameplay footage and can be viewed HERE. The first concept art and other assets are hosted at the Guild Wars 3 official press kit.
"Guild Wars 3 is a new era not just for ArenaNet and Guild Wars, but also for MMORPGs as a whole," said Colin Johanson, Guild Wars 3 Game Director and ArenaNet Studio Head. "The MMORPG genre has millions of players worldwide eager for new, modern experiences, and the opportunity to harness that excitement is immense. Our approach with Guild Wars 3 is to push MMORPGs forward, to create an online game world that feels believable, rewarding, responsive, and innovative while at the same time respecting players' time and providing a positive, supportive space to build community and enjoy new stories in our universe."
Taking place over a thousand years before the events of the original game, Guild Wars 3 is set in the Tyrian region of Orr, a vast wilderness frontier imbued with the world's magic. Nature entities with strong connections to the land called Vael spirits embody the vitality of this lush, verdant landscape. Various guilds are engaged in conflict over how to protect or exploit the bounty beyond civilization's borders. These multitudinous spirits will vary in size and influence within the ecosystems around them, with the most notable of these being the Seeker. As seen in the trailer, every player's Seeker will serve as a connection to the spirits of Orr and a mount that will carry them on their journeys through the game's open world.
Players will assume the role of a Vaelwarden, a member of a guild of adventurers committed to preserving and protecting both the spirits of the wild and the land of Orr itself. Through the deep character customization and skill-building gameplay the Guild Wars franchise is known for, players will seek adventure and confront danger across this sumptuous, vibrant online world, growing their relationships with the spirits of the wild, the inhabitants of Orr, and other Vaelwarden players.
A combat system designed from the outset to feel great on both a controller and keyboard rewards positioning by emphasizing the joy of movement and momentum. As players seamlessly transition between various movement modes, they can harness their speed and turn it into bigger damage and impact when fighting their foes.
More information about pricing, beta tests, release date, and gameplay features will be revealed later in 2026 and into 2027. Guild Wars 3 will be available directly from the developers at GuildWars3.com, and can be wishlisted on Steam and the PlayStation Store beginning today, with more information available at the game's official website.
About the Guild Wars Franchise
Guild Wars is the award-winning, visually stunning MMORPG franchise that originally launched in 2005 on PC. Boasting a timeless art-brought-to-life aesthetic, the epic grandeur of massive role-playing environments, fast-paced action combat, large-scale dynamic events that players tackle together in the open world, team-based competitive player-versus-player battles, and a sprawling fantasy storyline, the series is often proclaimed as having the friendliest player community in gaming. Guild Wars was relaunched as Guild Wars Reforged in 2025 and expanded to mobile devices in 2026. Guild Wars 2® launched in 2012 on PC and quickly earned accolades across the industry, including Time Magazine's 2012 Game of the Year. Unlike most competitors, the franchise has always been playable with no subscription fee required, welcoming over 29 million players across its history.
About ArenaNet
ArenaNet is the developer of the best-selling Guild Wars Reforged and the groundbreaking Guild Wars 2 massively multiplayer online PC role-playing games. The studio's mission is to create innovative online worlds, cultivate a vibrant and engaged global community of players, and to incorporate handcrafted artistry into every aspect of their games. ArenaNet formed in 2000, with press and fans consistently calling Guild Wars and Guild Wars 2 two of the best MMOs and RPGs of all time. Based in Bellevue, WA, ArenaNet is a wholly-owned subsidiary of Korean gaming giant NC.
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
Guild Wars 3, Modern Evolution of the MMORPG, Announced at Summer Game Fest for PC and PlayStation 5
