Home Blog Page 1254

Autonomous A2Z Ranks 7th Globally in 2025 Guidehouse Automated Driving Leaderboard, Marking Highest-Ever Ranking for a Korean Company

By
Advertorial Desk
-

– Guidehouse Research Leaderboard 2025 ranks Autonomous A2Z 7th overall, the highest position ever achieved by a Korean autonomous driving company
– Only Korean company to be ranked for three consecutive years; rises for the second straight year, climbing four places year-over-year into the global Top 10
– Ranked 5th globally in Strategy, recognized for Level 4 autonomous vehicle “ROii,” APEC deployment, and global scalability

SEOUL, South Korea, Jan. 20, 2026 /PRNewswire/ — Autonomous driving startup Autonomous A2Z (CEO Ji-hyung Han, hereinafter “A2Z”) announced that it has been ranked 7th globally in the 2025 Automated Driving Systems Leaderboard published by Guidehouse, marking the highest ranking ever achieved by a Korean company in the report’s history.

Autonomous A2Z achieves Korea’s highest-ever ranking, placing 7th in Guidehouse’s global autonomous driving leaderboard
Autonomous A2Z achieves Korea’s highest-ever ranking, placing 7th in Guidehouse’s global autonomous driving leaderboard

Guidehouse, which was established following a spin-off from PwC’s public sector and advisory practice, is a global consulting firm. Since 2015, Guidehouse has published the world’s only comprehensive global leaderboard evaluating the capabilities of autonomous driving companies.

A2Z first entered the rankings in 2023 at 13th place, followed by 11th in 2024 and 7th in 2025. It is the only Korean company to appear on the leaderboard for three consecutive years and has recorded two consecutive annual ranking increases, reinforcing its position as Korea’s leading autonomous driving company with growing global competitiveness.

The 2025 evaluation assessed companies across two major dimensions: Strategy, including vision, go-to-market strategy, partners, production strategy, technology, and geographic reach; and Execution, covering sales/marketing and distribution, product performance, product quality and reliability, product portfolio, pricing, and staying power.

This year’s assessment placed greater emphasis on geographic expansion and pricing, reflecting not only technological competitiveness but also companies’ long-term viability and self-sustainability in the capital-intensive autonomous driving market. 

Notably, A2Z ranked 5th overall in the Strategy category, outperforming all companies classified in the “Contenders” group and trailing only the four companies designated as “Leaders.” Within this category, A2Z received particularly high scores in Production Strategy, Technology, and Geographic Reach.

Guidehouse highlighted A2Z’s clear and differentiated market entry strategy centered on public transportation, its extensive real-world driving experience gained through close collaboration with government and public institutions, and its strong potential for global expansion.

Among the key factors cited was A2Z’s successful deployment of autonomous vehicles during the APEC 2025 Leaders’ Meeting, as well as large-scale autonomous driving demonstrations in government districts, ownership of the domestically developed Level 4 autonomous vehicle “ROii” with a 96% localization rate, and a competitive pricing structure. The company’s progress toward near-term commercialization in Singapore, the United Arab Emirates (UAE), and Japan was also noted as a significant strength.

“Being selected to officially operate Level 4 autonomous vehicles—developed entirely with Korean technology—at a global event such as the APEC Leaders’ Meeting was a meaningful factor in this year’s evaluation,” said Ji-hyung Han, CEO of Autonomous A2Z. “We are deeply grateful for the support and collaboration of the Ministry of Land, Infrastructure and Transport, the Ministry of Trade, Industry and Energy, the Ministry of Science and ICT, and other related organizations. Building on Korea’s upcoming large-scale autonomous driving demonstration cities, we will accelerate operational scale-up and technological advancement to contribute to the national goal of becoming one of the world’s top three AI powers.”

[Guidehouse Report Download – Paid Access] Guidehouse Research Leaderboard: Automated Driving Systems (2025)

About Autonomous A2Z
https://autoa2z.co.kr/
Founded in 2018 by CEO Ji-hyung Han and four former Hyundai Motor Group autonomous driving engineers, Autonomous A2Z is one of Korea’s leading autonomous driving companies. The company operates the nation’s largest fleet of autonomous vehicles, with experience running 82 autonomous vehicles nationwide and has accumulated approximately 940,000 kilometers of autonomous driving mileage—the highest in Korea’s urban autonomous driving sector.

Leveraging this experience, A2Z develops a range of future mobility services, including urban autonomous shuttles and smart logistics mobility solutions, with a focus on safe and efficient commercialization of autonomous driving technology. In 2024, the company completed development of its Level 4 autonomous vehicle, ROii, and plans to pursue full commercialization following performance certification testing in 2026.

A2Z is also accelerating its global expansion. The company established a Singapore joint venture, A2G (Autonomous to Global), with global expansion partner KILSA Global, secured the COSMO smart city project in Singapore, and became the first Korean company to obtain a local autonomous driving license (M1). In the UAE, A2Z formed a joint venture with AI company Space42, marking the first such partnership for a Korean autonomous driving firm, and in Japan, it signed an MOU with trading company Kanematsu to explore entry into the Japanese autonomous driving market.
Through collaborations spanning mobility services for transportation-disadvantaged populations and smart logistics solutions, Autonomous A2Z continues to drive sustainable innovation in future mobility.

Media Contact (PR Agency) 
Doyeon Kang
CEO, Peak Road
dy@peakroad.kr 

 

Beauty Farm Issues Positive Profit Alert for 2025

By
Advertorial Desk
-

HONG KONG, Jan. 20, 2026 /PRNewswire/ — Beauty Farm Medical and Health Industry Inc. (“Beauty Farm” or the “Company”) (02373.HK), one of the largest beauty and wellness services providers in China, issued a positive profit alert for the year ended December 31, 2025.

As disclosed, the Company anticipates revenue of not less than RMB 3.0 billion for the year ended December 31, 2025, representing robust growth of not less than 16% compared with the corresponding period in 2024. Based on a preliminary assessment of the unaudited results, Beauty Farm expects an adjusted net profit of not less than RMB 380 million for the year ended December 31, 2025, indicating a strong increase of not less than 40% from the prior year, and forecasts a net profit of not less than RMB 340 million, showcasing a significant surge of not less than 34% compared with the corresponding period in 2024.

The anticipated strength of the Company’s 2025 performance was mainly attributable to the following factors:

1. Industry consolidation acceleration: As a leading player in the industry, the Group has successfully integrated Guangzhou Naturade Health Management Co., Ltd.(“Naturade”), the second largest brand in China’s beauty services industry. This acquisition has significantly expanded its market share in the beauty and wellness sector and contributed substantially to the Group’s revenue and profit.

2. Robust organic growth: The expansion of brand influence, coupled with internal revenue growth driven by an increasing customer base, together with a rising revenue contribution from high-margin medical business and the benefits from refined operational efficiency, has jointly driven further growth in profit margins.

Mr. Li Yang, Executive Director and Chairman of the Board, commented: ” our stellar preliminary results demonstrate the success of our dual-engine strategy of “organic growth + external acquisitions.” In 2025, we further acquired the third largest beauty Brand Shanghai Siyanli Industrial Co., Ltd. (“Siyanli”), following the acquisition of Naturade. The synergy of these three leading brands is poised to drastically elevate the Group’s industry standing and market share. Moving forward, we are confident that our strategy will enable us to further strengthen our market leadership, expand our service network, and deliver enhanced value to all stakeholders.”

The information contained in this press release is only a preliminary assessment by the Board based on the unaudited consolidated management accounts of the Company and its subsidiaries for the year ended December 31, 2025, currently available to the Company, and is not based on any figures or information that have been reviewed or confirmed by the audit committee of the Board or reviewed or audited by the auditors of the Company. The actual results for the year ended December 31, 2025, may differ from those disclosed in this press release. As such, the above figures are strictly for information only and not for any other purposes.

About Beauty Farm

Beauty Farm Medical and Health Industry Inc. is a leading beauty and health management platform in China. Over the past 32 years, Beauty Farm has developed a unique “dual beauty + dual wellness” business model, covering customers’ comprehensive beauty and health needs for their entire life cycle. We offer a diversified service matrix, including beauty and wellness brands Beauty Farm, Naturade, Palaispa and Siyanli, aesthetic medical brand CellCare, and subhealth medical services brand Neology. Our nationwide store network reaches over 100 cities with over 730 stores and serves millions of mid-to-high-end customers in top-tier cities in China.

For more information, please visit https://ir.beautyfarm.com.cn/.

For investor and media inquiries, please contact:

Beauty Farm Medical and Health Industry Inc.
Vivian Lu
Tel: +86 (21) 6095-3299
Email: ir@beautyfarm.com.cn

Over 400 Indonesians Released by Cambodian Scam Networks, Ambassador Says

By
Thongsavanh Souvannasane
-
People line up in front of the Chinese Embassy in Phnom Penh on January 19, 2026. More than 400 Indonesians were freed by cyberscam networks in Cambodia this month, Jakarta said on January 19, after Phnom Penh announced a fresh crackdown on the illicit industry following the arrest of a prominent alleged boss. About 100 people were also queuing outside the Chinese embassy in Phnom Penh on the afternoon of January 19, but those approached by an AFP journalist declined to speak. (Photo: Photo by STR / AFP)

By Suy Se with Dessy Sagita in Jakarta and Matt Surrusco in Bangkok/AFP – Cyberscam networks in Cambodia have freed more than 400 Indonesians this month, Jakarta said on 19 January, after Phnom Penh announced a fresh crackdown on the illicit industry.

Scammers working from hubs across Southeast Asia, some willingly and others trafficked, lure internet users globally into fake romances and cryptocurrency investments, netting tens of billions of dollars each year.

Some foreign nationals have left suspected scam compounds across Cambodia this month as the government pledged to “eliminate” problems related to the online fraud trade, which the United Nations says employs at least 100,000 people in Cambodia alone.

Recent Cambodian law enforcement measures resulted in “many online scam syndicates… letting their workers go”, Indonesia’s ambassador to Cambodia, Santo Darmosumarto, said in a video posted to social media.

Between January 1 and 18, 440 Indonesians came to the embassy in Phnom Penh after they had been “released by online scam syndicates”, many seeking to return home, according to a post on Instagram.

“Because Cambodia’s crackdown will continue, the embassy predicts many more will flow in from the provinces,” Santo said.

He said the Indonesians who went to the embassy had been “involved in online scams” for anywhere between a few months and several years, and some had their passports taken from them.

Santo said the embassy would expedite repatriations but all Indonesians were “being directed to return home independently”.

Police were coming

Dozens of people, some with suitcases, lined up outside the Indonesian embassy on Monday.

An 18-year-old from Indonesia’s Sumatra said he fled a compound in Bavet city, near Cambodia’s border with Vietnam, where he was forced to scam people online for eight months without pay despite being promised $600 per month.

He told AFP he arrived in Phnom Penh on Sunday and came to the embassy to ask for a new passport because his was “with a Chinese boss”.

“They heard police were coming inside the compound, so they let everyone go,” he said.

Transnational crime groups, mostly based in Cambodia and Myanmar, initially largely targeted Chinese speakers, but have expanded their vast scam operations into multiple languages.

About 100 people were also queueing outside the Chinese embassy in Phnom Penh on Monday, but those approached by AFP declined to speak.

China’s foreign ministry spokesman Guo Jiakun said Beijing “attaches great importance to the safety of Chinese citizens overseas” when asked at a regular news briefing about the lines outside the embassy in Cambodia.

Cambodia arrested and deported Chinese-born tycoon Chen Zhi, accused of running internet scam operations from Cambodia, to China this month.

Chen, a former Cambodian government adviser, was indicted by US authorities in October.

Not the end

Mark Taylor, an anti-trafficking expert in Cambodia, said Chen’s extradition seemed to have sent shockwaves through the scam industry, with some operators likely fearing legal consequences and opting to release people or evacuate their compounds.

Many scam operators likely fear “that they’re going to face punishment, eventually”, Taylor told AFP.

But he noted alleged links between politicians and scam networks, and previous crackdowns that amounted to “showcase, performative acts”.

The latest measures were likely just “another transaction” — a tactical move to shift equipment, managers and workers, and stay in business, said Taylor.

“There’s no evidence that this is really an end of the industry.”

Cambodian officials have denied allegations of government involvement, with authorities saying around 5,000 people were arrested in scam raids in the last six months.

After rights monitors and media reports linked Cambodian tycoons to the scam industry for years, the first prominent local businessman to be prosecuted, Ly Kuong, was charged last week with human trafficking, money laundering and running several scam compounds.

© Agence France-Presse

AECOM’s 3D Digital Ecosystem and 3D Digital Map Win Multiple Smart City Awards, Showcasing Hong Kong’s Leadership in Urban Innovation

By
Advertorial Desk
-

HONG KONG SAR – Media OutReach Newswire – 20 January 2026 – AECOM, the trusted global infrastructure leader, is proud to announce that its 3D Digital Ecosystem and 3D Digital Map — developed in partnership with Hong Kong’s Lands Department (LandsD) and AECOM’s digital team — have been recognized by three leading smart city award bodies across Asia, highlighting Hong Kong’s growing influence in digital urban development and AECOM’s role in driving digital transformation across the region.

Developed in partnership with Hong Kong’s Lands Department and AECOM’s digital team, the 3D Digital Ecosystem and 3D Digital Map have been recognized by three leading smart city award bodies across Asia, highlighting Hong Kong’s growing influence in digital urban development.
Developed in partnership with Hong Kong’s Lands Department and AECOM’s digital team, the 3D Digital Ecosystem and 3D Digital Map have been recognized by three leading smart city award bodies across Asia, highlighting Hong Kong’s growing influence in digital urban development.

The 3D Digital Ecosystem encompasses a unified integration of four flagship projects: the 3D Digital Map, Underground Utilities Information System (UUIS), Government BIM Data Repository (GBDR), and Common Spatial Data Infrastructure (CSDI) Framework. Together, these components establish a secure and collaborative digital environment that supports smarter planning, encourage cross-sector collaboration, and enhance public engagement in Hong Kong.

‘This is a replicable model for regional collaboration,’ said Dr Johnny Cheuk, Executive Leader for Hong Kong. ‘With open standards and cross-boundary interoperability, it offers a blueprint for cities to align infrastructure, environmental planning, and innovation — including the development of the Northern Metropolis — positioning Hong Kong as a digital leader in the Greater Bay Area.’

The 3D Digital Ecosystem achieved remarkable recognition by being named City Award – Finalist at the World Smart City Awards 2025 · China, placing it among the top three in the region. Organized by the Smart City Expo World Congress, this award is one of the most competitive global platforms for urban innovation, celebrating projects that make cities more livable, sustainable, and economically vibrant. Additionally, the Ecosystem was awarded the Gold Award at the Smart City Technology Innovation Awards 2025, hosted by the International Society for Urban Informatics (ISUI), which recognizes transformative technologies in city operations. Adding to this success, the 3D Digital Map, one of the flagship projects of the Ecosystem, earned the Silver Award of Tech-InnovaCity Category at the Seoul Smart City Prize 2025. This award, presented by the Seoul Metropolitan Government and the World Smart Sustainable Cities Organization (WeGO), honoring scalable solutions for sustainable urban development. Together, these achievements underscore the ecosystem’s transformative impact and leadership in advancing urban innovation and sustainability.

Built on a robust security framework, the 3D Digital Ecosystem fosters trusted collaboration among government departments, contractors, and stakeholders, while supporting innovation and openness. This approach also make it highly adaptable for private sector use — helping companies accelerate digital transformation, improve data integration, and enhance decision-making across infrastructure and urban development projects. The tangible impact of this ecosystem is striking: in 2024 alone, it achieved over 1.22 million downloads and facilitated 7.6 billion API service calls on the CSDI Portal, benefiting more and more stakeholders across government, industry, and academia.

‘The 3D Digital Ecosystem delivers both strategic and practical value,’ said Thomson Lai, Managing Director of AECOM’s Asia digital team. ‘AECOM brought global expertise in digital infrastructure and urban systems integration, alongside deep local insight and policy alignment through LandsD. These recognitions reflect our shared commitment to enabling digital transformation and “Delivering a Better World”.’

These awards reflect years of close collaboration and a shared vision for a smarter, more connected future. AECOM remains committed to co-creating digital solutions that shape resilient, inclusive, and future-ready cities. We are especially focused on advancing smart city development in the Northern Metropolis, empowering organizations to thrive in a digital-first world.

Hashtag: #AECOM #DigitalAECOM #SmartCity

The issuer is solely responsible for the content of this announcement.

About AECOM

AECOM is the global infrastructure leader, committed to delivering a better world. As a trusted professional services firm powered by deep technical abilities, we solve our clients’ complex challenges in water, environment, energy, transportation and buildings. Our teams partner with public- and private-sector clients to create innovative, sustainable and resilient solutions throughout the project lifecycle – from advisory, planning, design and engineering to program and construction management. AECOM is a Fortune 500 firm that had revenue of US$16.1 billion in fiscal year 2025. Learn more at .

NopalCyber Named a Top 250 Global MSSP for Second Consecutive Year

By
Advertorial Desk
-

HYDERABAD, India, Jan. 20, 2026 /PRNewswire/ — NopalCyber has been named to the Top 250 Managed Security Service Providers (MSSPs) worldwide by MSSP Alert, a leading industry authority published by CyberRisk Alliance. The recognition places NopalCyber among an elite group of global MSSPs selected from tens of thousands of providers operating across the cybersecurity services market.

The ranking was announced at MSSP Alert Live and marks the second consecutive year NopalCyber has earned a place on the prestigious Top 250 list.

“It is an incredible honor to once again be recognized among the world’s leading MSSPs,” said Varun Ira, Chief Executive Officer of NopalCyber. “This recognition validates the quality of our services and the intentional investments we have made in building AI-driven security technology and platform innovation that power our growth. Over the past year, our team has focused on raising the bar for how managed cybersecurity is delivered by using technology to scale services, stay ahead of evolving threats, and deliver measurable outcomes for our clients.”

Each year, MSSP Alert evaluates managed security providers based on service breadth, strategic execution, innovation, and customer impact. The Top 250 MSSPs list is widely regarded as one of the most authoritative benchmarks of excellence in the managed security services industry and is frequently used by organizations to identify trusted security partners.

“MSSP Alert and CyberRisk Alliance congratulate NopalCyber on this honor,” said Sharon Florentine, editorial director of MSSP Alert, a CyberRisk Alliance resource. “The Top 250 MSSPs are an elite group of cybersecurity service providers, and they continue to outperform the overall cybersecurity services market. Members of this list are the best of the best.”

The MSSP Alert Top 250 MSSPs list and accompanying research are overseen by Sharon Florentine, Editorial Director of MSSP Alert and ChannelE2E.

Media Contact:

Cyndy Hunter
cyndy@magnetudeconsulting.com
+1 (603) 490-9156

Laos, India Partner to Preserve Traditional Phralak–Phralam Dance

By
Phoudasack Vongsay
-
An example of Phralak–Phralam Dance performance. (Picture by Luang Prabang Culture)

The Phralak–Phralam dance will be preserved and passed on to a new generation under a joint project signed by the Ministry of Culture and Tourism and the Embassy of India in Laos on 19 January.

The seven-month project, valued at USD 42,960, will provide new costumes and performance equipment for dancers, performers and musicians at the National College of Arts.

The initiative aims to strengthen teaching capacity, support art students, and protect a traditional performance that shares cultural roots dating back centuries. The project also aligns with the Lao government’s goal to conserve and promote national cultural heritage while ensuring its relevance in today’s context.

Beyond Phralak–Phralam, the Lao national dance, Lamvong, has received global recognition. In December 2024, UNESCO added Lamvong to its Intangible Cultural Heritage of Humanity list, acknowledging the dance’s cultural significance in representing Lao traditions, values, and community life. 

Originally performed during harvest celebrations in rural areas, Lamvong has evolved into a central part of Lao weddings, festivals, and national events, illustrating the ongoing effort to preserve the nation’s performing arts.

In addition, the khaen, a traditional Lao bamboo mouth organ, was recognized by UNESCO as an intangible cultural heritage in December 2017. 

Deeply embedded in Lao social life, khaen music is passed down through families and community groups. Local initiatives help transmit this unique musical tradition to younger generations, both through formal education and informal learning.

Carousell brings ‘Phygital’ strategy to mobile market with first dedicated retail store at Chinatown Point

By
Advertorial Desk
-
  • New store offers Singapore’s widest selection of secondhand phones and other electronic devices in a single location, bringing the “touch-and-feel” assurance to used electronics.
  • Expands the “Trust-First” playbook of Carousell Luxury with instant cash-for-phones, on-site repairs, and warranty-backed devices.

SINGAPORE, Jan. 20, 2026 /PRNewswire/ — CarousellMOBILE, part of Carousell, announced the official opening of its first dedicated retail space for mobile phones and consumer tech at Chinatown Point. Building on the omnichannel model introduced with the Carousell Luxury store on Orchard Road, this new outlet marks the next evolution in Carousell’s strategy: making buying and selling secondhand as trusted and convenient as brand-new retail.

Carousell brings 'Phygital' strategy to mobile market with first dedicated retail store at Chinatown Point
Carousell brings ‘Phygital’ strategy to mobile market with first dedicated retail store at Chinatown Point

Designed to bridge the trust gap in the secondhand market, the store provides a physical touchpoint for verification, warranty, and instant payouts, removing the uncertainty often associated with buying used electronics.

“We know that for high-ticket items like phones and luxury bags, trust is physical. CarousellMOBILE is our answer to the anxiety of buying used electronics. We have seen how much our community values the combination of digital convenience and physical trust with the Carousell Luxury store, and we are now applying that same omnichannel playbook to mobile tech. Whether you are looking to turn an old phone into instant cash or buy a certified-working secondhand device, CarousellMOBILE is designed to make secondhand the first choice for tech,” said Mr Alvin Yap, CarousellMOBILE lead.

The store allows the platform to close the loop for its digital community. Users can browse listings or receive a valuation quote for their old device at sg.carousellmobile.com, then visit the store in person. The Chinatown Point location houses the widest selection of secondhand mobile devices in a single retail store in Singapore, allowing buyers to physically “touch and test” the device before purchasing.

The store introduces a comprehensive suite of services designed to keep phones in circulation for longer:

  • Buy with Confidence: 
    • All devices undergo a rigorous 40-point inspection and come with a one-month warranty, extendable up to 12 months.
    • Savvy deal hunters can also secure a device online at sg.carousellmobile.com to secure a deal first, and avail of 7-day returns if they change their minds upon viewing in person.
  • Sell for Instant Cash: 
    • Customers can walk in with their used mobile phones and receive an instant valuation. Upon acceptance, payouts are made within minutes via PayNow.
    • Leveraging valuation technology derived from the Carousell marketplace, sellers receive fair, data-backed quotes based on real-time market trends.
    • Customers can also complete a trade-in and purchase a newer model in a single seamless transaction.
  • Repair onsite: 
    • The store offers on-site repair services, providing a one-stop solution for extending the lifespan of mobile devices.

Leveraging Carousell Group’s massive intent data to optimise inventory, CarousellMOBILE’s merchandising strategy is informed by real-time search trends on the Carousell marketplace, ensuring stock matches demand trends. Operations are further strengthened by the expertise of Laku6, the leading electronics recommerce platform in Indonesia acquired by Carousell Group in 2022. By integrating Laku6’s proprietary AI-first diagnostic technology and pricing algorithms, CarousellMOBILE delivers institutional-grade device valuation in under two minutes.

For more information or to get an instant quote online, visit sg.carousellmobile.com.

Store information

Address: 133 New Bridge Rd, #B1-05 Chinatown Point, Singapore 059413
Opening Hours: Monday to Sunday, 11:00am – 09:00pm
Website: https://sg.carousellmobile.com
Socials: @carousellmobile

About CarousellMOBILE
CarousellMOBILE is part of leading multi-category classifieds and recommerce marketplace Carousell. Operating in Singapore, CarousellMOBILE provides a trusted, omnichannel experience to buy, sell, and repair verified pre-owned mobile electronics across its dedicated website and a dedicated retail store at Chinatown Point. The platform offers Singapore’s widest selection of secondhand mobile devices in a single retail location and is distinguished by its data-driven selling model, which provides customers with instant cash buy-outs, trade-ins, and warranty-backed assurance.

press@carousell.com

WSPN Partners with HIFI to Enable Seamless Cross-Border Stablecoin-Fiat Conversion for Institutional Clients

By
Advertorial Desk
-

TORTOLA, British Virgin Islands, Jan. 20, 2026 /PRNewswire/ — Worldwide Stablecoin Payment Network (WSPN), a leading provider of next-generation stablecoin infrastructure, today announced a strategic partnership with HIFI, a licensed payment infrastructure provider, to enable institutional clients to seamlessly convert between stablecoins and fiat currencies for cross-border payment settlements.

This partnership addresses a critical need in global commerce: efficient, compliant cross-border liquidity management. Through HIFI’s licensed infrastructure, WSPN’s institutional clients can now access enterprise-grade on/off ramp to convert digital assets to fiat and vice versa for international payment settlements, eliminating the friction of traditional cross-border banking while maintaining full regulatory compliance.

The integration combines WSPN’s stablecoin infrastructure with HIFI’s cross-border payment capabilities, enabling businesses to leverage stablecoins as a bridge for international transactions. Institutional clients can onramp fiat to stablecoins, transfer value instantly across borders via blockchain rails, and offramp to local fiat currencies through HIFI’s licensed payment network — all while avoiding the delays, high costs, and complexity of traditional correspondent banking.

“Cross-border payments remain one of the most compelling use cases for stablecoin infrastructure, but institutional adoption requires trusted, licensed partners for fiat conversion,” said Raymond Yuan, Founder & CEO of WSPN. “Our partnership with HIFI provides clients with the regulatory certainty and liquidity access they need to confidently use stablecoins for international settlements.”

Traditional cross-border payments create operational challenges: businesses wait 3-7 days for settlements, pay 3-7% in transaction fees, and face unpredictable delays through complex banking networks. This partnership enables institutional clients to move money internationally with the speed and transparency of blockchain technology while meeting enterprise compliance standards.

About WSPN

WSPN is a leading provider of next-generation stablecoin infrastructure, dedicated to building a more secure, efficient, and transparent global payment ecosystem. Our flagship stablecoin, WUSD, is fully backed and pegged 1:1 to the U.S. Dollar, serving as the foundation for a suite of integrated financial solutions. These solutions support a range of financial applications from institutional treasury management to programmable payments and decentralized finance. With a strong focus on transparency, regulatory compliance, and user accessibility, WSPN bridges the gap between Web3 innovation and traditional financial systems, driving the global adoption of stablecoins at scale.

Learn more: www.wspn.io | X | LinkedIn

About HIFI

HIFI is a licensed financial infrastructure platform that connects programmable money to the global financial system. By combining regulated payment rails, banking integrations, and on-chain settlement, HIFI enables institutions to move value across stablecoins and fiat through a single, modern interface. HIFI serves as the coordination layer between blockchains, banks, and payment networks—making money behave more like software.

1...1,2531,2541,255...6,477Page 1,254 of 6,477