SHANGHAI, Nov. 10, 2026 /PRNewswire/ -- At the 9th China International Import Expo (CIIE), Fosun Health hosted an event themed "Connecting Care, Health Without Borders" and signed cross-border insurance cooperation agreements with Manulife Indonesia and Allianz Partners Vietnam, as well as an agreement with JP Partners Medical to develop a cross-border healthcare network. The partnerships promote closer coordination between healthcare services and commercial insurance, strengthening cross-border services in Southeast Asia and Hong Kong SAR.
Mr. Hu Hang, Fosun Global Partner, Chairman & CEO of Fosun Health, said the agreements expand collaboration with international insurers and Hong Kong SAR healthcare providers. Fosun Health's four Greater Bay Area hospitals have provided care for more than 50,000 visits by international patients from 140 countries and regions. In the first half of 2026, the number of overseas patients served exceeded the full-year total for 2025.
Connecting Healthcare Services with Commercial Insurance
With Manulife Indonesia and Allianz Partners Vietnam, Fosun Health will explore coordination between medical services and commercial insurance payments, including service coordination for patients traveling to China, insurance information exchange and direct billing arrangements for eligible commercial insurance claims.
Mr. Shen Yun, Fosun Global Partner, Co-President of Fosun Health, said the aim is to connect inquiries, appointments, travel arrangements, medical visits, insurance information exchange and direct settlement of commercial insurance claims, while strictly complying with regulatory and data compliance requirements in each jurisdiction.
Building a Cross-Border Healthcare Network
Under its agreement with JP Partners Medical, Fosun Health will leverage both parties' resources to strengthen links between healthcare providers in mainland China and Hong Kong through medical resource sharing and patient service coordination, supporting overseas patients seeking care in China.
Fosun Health will continue expanding its international healthcare network and exploring partnerships to make China's advanced medical technologies and high-quality healthcare services more accessible to international patients.
About Fosun Health
Founded in 2010, Fosun Health is a majority-owned subsidiary of Fosun Pharma. It operates an integrated online-and-offline healthcare platform centered on the Greater Bay Area, with general medical institutions at its core and specialty care developing in coordination. Guided by "From China to the World," it connects global medical resources, talent and technologies. Its five Centers of Excellence focus on oncology, orthopedics, pediatrics, medical aesthetics and cardiology. Its brand promise is "Advanced Care, Closer to You."
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
Fosun Health Partners with Southeast Asian Insurers and Hong Kong SAR Healthcare Provider to Expand Cross-Border Healthcare Network
Why fraud prevention in B2B payments starts with understanding the business, not just the transaction
BANGKOK, Nov. 10, 2026 /PRNewswire/ -- Recently, in response to the growing threat of cyber-enabled fraud, Bill Deng, Founder & CEO of XTransfer, has shared Three Lessons from the Front Line. Financial inclusion has been a quiet success: the World Bank's Global Findex 2025 puts account ownership at 79% of adults, up 28 points in a decade. But the Global Anti-Scam Alliance reports nearly 60% of adults encountered a scam in 2025, and a quarter lost money. Faster rails speed up legitimate and fraudulent payments alike. The Bangkok Blueprint, launched by the IMF, World Bank Group and Bank of Thailand at the 2026 Annual Meetings, frames the response correctly: cyber-enabled fraud is an ecosystem problem no single institution can solve alone.
A framework sets the direction; it does not tell an operator what to do when a payment looks unusual. Three lessons from the front line.
Speed is not the same as judgement
Automation has transformed screening. It absorbs volume no team could handle and flags anomalies in seconds. But consistency is not understanding. A model can say a transaction deviates; it cannot say whether that reflects a new customer, a seasonal order-book shift, or a fraud typology never seen in training. In B2B payments, the payment message carries almost none of the commercial history behind it: the inquiry, purchase order, shipment, invoice. Reading the underlying trade is often what separates an unusual but legitimate payment from a suspicious one. Frontline teams who know how a small exporter operates belong inside the control environment.
Share the principles; calibrate the controls
Asia-Pacific is the best test bed precisely because it is heterogeneous: regulation, rails, customer behaviour and fraud patterns differ sharply across markets. Exporting one operating model is a category error. What travels is a common language, shared risk principles and typology frameworks describing how schemes are structured, not one prescribed technical response. Controls must be calibrated locally. A multi-market compliance footprint earns its keep here: operating under several regulators forces you to separate what is universal from what is merely habitual.
Intelligence should move as fast as fraud
Fraud techniques migrate; a pattern seen in one corridor reappears, adapted, in another. If every institution treats detection as a private asset, everyone downstream starts late. Regulator-supervised, privacy-protecting sharing can turn one market's signal into another's early warning, without identical rules everywhere. More connected SME payment infrastructure helps too: today it is fragmented among banks, providers and jurisdictions, each seeing a narrow slice. The chain rarely starts in finance at all; it may begin on a social platform, marketplace or telecom network. Institutions, platforms, regulators and law enforcement each hold a fragment, which is why public-private engagement is not a courtesy but the mechanism of trust.
Access will keep expanding; whether it endures depends on trust, the cumulative result of fast technology, experienced people, controls that fit their market, and institutions willing to share what they learn. For those building infrastructure for small traders, the obligation is simple: make the safe path the easy path. Security that excludes legitimate users defeats the inclusion it protects.
The author first set out related views in a WEF Financial and Monetary Systems discussion (23 October 2026). https://www.weforum.org/stories/financial-and-monetary-systems/two-ceos-discuss-technology-enable-financial-inclusion-preventing-fraud
This is an original expansion for XTransfer's own channels; it does not reproduce or adapt the WEF text. Views are the author's own, not those of the WEF, IMF, World Bank Group or Bank of Thailand. XTransfer contributed private-sector experience to the Annual Meetings' digital safety discussions; no endorsement is implied.
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
Building Digital Trust Where Trade Happens
