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XTransfer Signs Agreements with CZ Bank and CIB at the 26th CIFIT in Xiamen

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Opening X-Net to Banks with Diverse Cooperation Models

XIAMEN, China, Sept. 14, 2026 /PRNewswire/ — The 26th China International Fair for Investment and Trade (CIFIT) was held in Xiamen last week. XTransfer, a leading global B2B cross-border trade payment platform, signed strategic cooperation agreements with China ZheShang Bank (CZ Bank) and Industrial Bank Co., Ltd. (CIB) during the event. The partnerships target key cross-border finance scenarios, including minor-currency collection in emerging markets and RMB conversion and withdrawal, using fintech to help foreign trade companies overcome FX settlement and remittance difficulties.

Hosted by China’s Ministry of Commerce, this year’s CIFIT saw CIPS establish a cross-border bank–enterprise cooperation zone for the first time, bringing together over 70 Chinese and foreign banks to showcase cross-border RMB services. XTransfer is signing agreements in the CIPS zone, underscoring its coordination with national-level financial infrastructure.

Bank Partnerships Address FX Pain Points

During the exhibition, XTransfer and CZ Bank jointly announced an all-currency settlement solution. Powered by XTransfer’s X-Net global local-collection network, it helps CZ Bank’s export clients collect payments in local currencies across global markets. The service focuses on Africa, the Middle East, and Latin America, addressing pain points such as local buyers being unable to pay in their own currency and long fund arrival times.

XTransfer and CIB also signed a strategic cooperation agreement to deepen collaboration in cross-border RMB clearing and minor-currency collection, improving the efficiency and coverage of RMB conversion and withdrawal. The service can handle the declaration of international receipts on behalf of foreign trade companies during the trade settlement process, convert funds, and credit them directly to onshore corporate accounts without affecting export tax rebates, significantly enhancing convenience for foreign trade firms.

Bill Deng, Founder and CEO of XTransfer, said, “The partnerships cover everything from collecting minor currencies in emerging markets to onshore RMB conversion and withdrawals, creating an end-to-end funding chain so that ‘minor currencies’ no longer become a major headache on the road to global expansion.” He added, “XTransfer looks forward to working with more financial institution partners to integrate fintech with the real economy and support Chinese foreign trade companies’ globalisation.”

Opening X-Net to Banks with Diverse Cooperation Models

At CIFIT, XTransfer showcased its globally unified B2B cross-border trade settlement network and risk-control system, X-Net, presenting multiple cooperation models for financial institution partners.

For many years, banks have provided XTransfer with access to capabilities such as domestic collections, domestic payments, FX conversion, and cross-border compliance reporting. Today, banks can directly leverage X-Net’s cross-border payment and local collection capabilities to serve their own customers, allowing the network capabilities built through long-term collaboration to benefit the banks’ own businesses.

Specifically, to address the challenge faced by banks’ exporter clients in collecting payments in emerging markets, XTransfer has launched a dedicated “Bank Minor-Currency Collection Solution”, opening up the X-Net global local collection network to banks in China and worldwide. This helps export clients collect minor-currency payments from emerging markets and repatriate funds. 

Banks worldwide can also use X-Net to provide importers with fast, compliant payment services to China, supporting settlement in multiple currencies such as the U.S. dollar and the Chinese yuan, as well as helping local importer companies pay overseas suppliers in local currencies.

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GENESIS INVESTS $65,000 IN YOUTH SPORTS AND STEAM PROGRAMS ACROSS COASTAL GEORGIA

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Contributions support First Tee Savannah, Frank Callen Boys & Girls Club, Girls on the Run South Georgia, Savannah United, and Savannah College of Art and DesignGenesis hosts Child Creativity Lab STEAM workshop at Ebenezer Middle School

SAVANNAH, Ga., Sept. 15, 2026 /PRNewswire/ — Genesis recently announced $65,000 in contributions to five organizations advancing youth sports and science, technology, engineering, arts, mathematics (STEAM) education throughout coastal Georgia. In addition to the donations, Genesis hosted a STEAM workshop for students at Ebenezer Middle School, providing hands-on learning experiences designed to inspire the next generation of innovators. The region is home to Hyundai Motor Group Metaplant America (HMGMA), Hyundai Motor Group’s dedicated electric vehicle manufacturing facility in Bryan County, Georgia.

“Investing in young people today helps build stronger communities tomorrow,” said Brandon Ramirez, director, corporate social responsibility, Genesis Motor America. “Through support for youth sports, arts education, and STEAM learning, Genesis is helping students develop skills that can benefit them throughout their lives and future careers.”

Genesis is committed to the development of the future generation through Genesis Gives, its corporate social responsibility initiative focused on supporting youth sports, STEAM education, and sustainability.

Supporting Youth Sports and Education in Coastal Georgia
The following organizations received donations from Genesis:

First Tee Savannah: Since 2023, Genesis has partnered with First Tee Savannah, a youth development organization that introduces young people to the game of golf while teaching valuable life skills and character-building principles, including confidence, perseverance, and resilience.Frank Callen Boys & Girls Club: The Frank Callen Boys & Girls Club provides local youth with academic support, enrichment activities, mentoring, and safe spaces to learn and grow. Genesis’ contribution will help expand STEAM programs for young people to develop critical thinking skills and confidence needed to thrive both inside and outside the classroom.Girls on the Run South Georgia: Genesis has supported Girls on the Run South Georgia since 2022. The organization delivers evidence-based programs that combine physical activity with lessons designed to strengthen confidence, foster healthy relationships, and equip participants with important life skills.Savannah United: A Genesis partner since 2022, Savannah United provides youth soccer programs through leagues, camps, and tournaments that promote teamwork, leadership, character development, and healthy lifestyles among children throughout the region.Savannah College of Art and Design (SCAD): Genesis continues its partnership with SCAD, a private, nonprofit university offering undergraduate and graduate degree programs in art and design. The donation will support scholarships and educational opportunities that help students pursue creative careers and develop their artistic talents.

“We are incredibly grateful to Genesis for its continued investment in the girls and communities we serve,” said Mary Crawford, CEO, Girls on the Run South Georgia. “As our organization continues to grow, this support allows us to reach more girls with opportunities to build confidence, develop meaningful life skills, and recognize their own potential. This partnership is helping us expand our impact today while investing in the strength and leadership of our communities for years to come.”

Inspiring Future Innovators Through STEAM Education
As part of its commitment to STEAM education, Genesis hosted a hands-on workshop for students at Ebenezer Middle School. Developed in partnership with Child Creativity Lab, the program introduced students to emerging transportation technologies, vehicle design, and innovation within the automotive industry. During the workshop, students learned about Genesis products and future mobility concepts, explored how designers and engineers bring new vehicle ideas to life, and applied their creativity by building future mobility concepts using upcycled materials.

Through its ongoing support of youth sports and STEAM education programs, Genesis continues to invest in opportunities that help young people discover their passions, develop critical skills, and build brighter futures.

Genesis Gives
Genesis Gives is a corporate social responsibility initiative from Genesis Motor America. Expanding on the brand’s commitment to the highest standards of performance and its athletic elegance design identity, Genesis Gives supports nonprofit organizations with the goal of improving access to, and performance in, youth sports and STEAM education in under-resourced communities. Since 2022, Genesis has donated over $3 million to support communities across the country. For more information, visit www.genesisgives.com.

Genesis Motor North America
Genesis is a new global automotive brand that delivers the highest standards of design, safety, refined performance, and innovation while looking towards a more sustainable future. Drawing from its cultural heritage and distinctly Korean hospitality, Genesis crafts experiences focused on customers as “Son-nim”, or honored guests.

Genesis Motor North America offers a growing range of award-winning SUV, sedan, and electric models through its network of more than 190 independent U.S. retailers, in addition to its more than 30 Canadian agency distributors. Genesis now counts more than 100 standalone retail facilities across the North American region, with dozens more in development. Consumers can discover the brand through its many retail points, at Genesis House, the brand’s flagship space in New York City, or online at www.genesis.com.

Please visit our media site for the latest news at www.genesisnewsusa.com (United States) and www.genesisnews.ca (Canada).

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Duck Creek Closes Fiscal Year 2026 with Record Bookings as Insurers Accelerate Core Systems Modernization and Agentic AI Adoption

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Company marks one of its strongest quarters and largest years of new bookings in company history, fueled by cloud modernization and AI-driven customer wins

BOSTON, Sept. 16, 2026 /PRNewswire/ — Duck Creek, the intelligent core of insurance, today announced it closed fiscal year 2026 on August 31 with the one of the largest years of new bookings in company history, including a record quarter of new bookings in Q4 FY26. Annual recurring revenue grew 15% year-over-year and net revenue retention reached 111%, reflecting accelerating demand for Duck Creek’s intelligent core platform across its core, specialty and agentic solutions.

The record momentum in FY26 was driven by continued cloud adoption; expansion within existing customers, who moved additional lines of business and premium onto the Duck Creek platform; new logo wins across global markets; and record cross-sell and adoption of Duck Creek’s data and AI products.

“Fiscal year ’26 was a defining year for Duck Creek, with one of our strongest quarters of new bookings in company history reflecting the deliberate investments we have made in innovation and growth,” said Hardeep Gulati, Chief Executive Officer of Duck Creek. “AI is not diminishing the value of the insurance core. It is making the core more critical than ever. As carriers prepare their businesses for AI, Duck Creek is uniquely positioned to deliver the secure, cloud-native foundation where intelligence can operate, decisions can be governed, and growth can accelerate.”

The company’s Agentic AI Platform also gained momentum in FY26, expanding Duck Creek’s ability to help insurers deploy and govern AI across the insurance lifecycle. The July acquisition of Send Technology Solutions also extended the platform into AI-native underwriting orchestration, connecting submission intake, triage, enrichment, risk assessment, and policy execution. Together, Duck Creek and Send give commercial, specialty, and complex-risk insurers a unified foundation to make faster, more profitable underwriting decisions.

Additional highlights from fiscal year 2026 include:

Recorded double-digit new customer wins and existing customer expansions across core, specialty, and AI-powered solutions.Expanded customer base to include 7 of the top 10 North American insurers and more than 33 of the top 50.Named new customer wins across core, specialty, and payments, including Millers Mutual Insurance, Fortegra, Indigo Insurance, Frankenmuth Insurance, Anchor Group Management, Country-Wide Insurance, and Southern Trust.Completed the July 3, 2026 acquisition of Send Technology Solutions Ltd., an AI-native underwriting orchestration platform extending Duck Creek’s agentic capabilities across the underwriting lifecycle.Demonstrated the P&C industry’s first neuro-symbolic AI platform accelerating AI adoption across P&C insurance. Announced the availability of new agentic experiences including the Agentic Product Configurator which accelerates new product development by over 50%.Capricorn Mutual, Encova Insurance, and New Zealand’s Medical Assurance Society (MAS) and more went live on Duck Creek’s platform.Brought the market-leading reinsurance solution to the cloud with the general availability of Duck Creek Reinsurance with Active Delivery, giving insurers continuous access to innovation without disruptive, costly upgrade cycles.Record attendance at Formation ’26, drawing more than 800 insurance professionals, ecosystem partners, and industry leaders.Continued global expansion with deepened commitment to the London Market and continued investment in Duck Creek’s Multi-Country Layer architecture to support insurers scaling internationally.

Industry Recognition:

Winner of the 2025 IDC FinTech Real Results Award for Insurance Transformation.Named a Leader in the Everest Group 2025 Underwriting Orchestration Products PEAK Matrix® Assessment.Duck Creek Loss Control was named a 2026 Insurance Luminary finalist by PropertyCasualty360.Earned a third consecutive XCelent Award in Celent’s Claims Systems Vendors: North America P&C Insurance report, recognizing Duck Creek Claims for its advanced technology and breadth of functionality.View the latest Gartner® Magic Quadrant™ for SaaS P&C Insurance Core Platforms, North America, which positions Duck Creek as a Leader.

Additional Resources:

Explore Duck Creek Technologies on our blog.Read Duck Creek’s latest company news.

About Duck Creek
Duck Creek is the intelligent core that leading insurers choose to build on. Purpose-built for property and casualty (P&C) and general insurance, Duck Creek unifies the full insurance lifecycle on a single platform with one data foundation. As an agentic platform, it connects intelligence across underwriting, policy, billing, claims, and payments workflows where decisions are made and compliance is non-negotiable. Duck Creek enables carriers to launch products faster, adapt quickly to change, and grow with precision and confidence. Solutions are available individually or as a full suite via Duck Creek OnDemand. Visit www.duckcreek.com and follow Duck Creek on LinkedIn, X and BlueSky.

Media Contacts:
Marianne Dempsey / Tara Stred
duckcreek@threeringsinc.com

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Viola Aleo Ltd ranks among the Top 25 UK private companies and #1 in Financial Intermediation for five consecutive years

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CEO and Founder Leonardo Bonetti to participate in the exclusive Financial Times Made in Italy Evening Reception on 1 October in London

LONDON, Sept. 15, 2026 /PRNewswire/ — Viola Aleo Ltd, a UK-based financial services company, highlights its continued position among the United Kingdom’s Top 25 private companies by total assets, according to the company’s referenced market-ranking data. The company operates under SIC code 64999, Financial intermediation not elsewhere classified, and has maintained a leading position in the financial intermediation sector for five consecutive years.

The recognition reflects Viola Aleo Ltd’s long-term strategy, international outlook and focus on developing financial solutions for institutional and corporate relationships. The company continues to build its presence across the UK and international markets, with an emphasis on responsible growth, professional standards and long-term value creation.

“Our position among leading private companies in the UK reflects a clear commitment to building a strong and internationally focused financial business. We remain focused on innovation, disciplined management and creating sustainable value for our clients and partners,” said Leonardo Bonetti, CEO and Founder of Viola Aleo Ltd.

The company’s profile will receive further international visibility in October, when Leonardo Bonetti will participate in the exclusive Made in Italy Evening Reception hosted at the Financial Times headquarters in London on 1 October 2026. The invitation-only event brings together selected business leaders and representatives connected with Italian excellence, international business and investment.

Bonetti’s participation represents an opportunity to strengthen the company’s international relationships and highlight Viola Aleo Ltd’s UK presence while supporting closer commercial connections between the United Kingdom and Italy. The event is also expected to provide an important setting for conversations with business leaders, investors and other members of the international financial community.

Viola Aleo Ltd remains focused on developing its international network and identifying new opportunities in financial intermediation. The company intends to continue expanding its professional relationships and pursuing initiatives designed to support sustainable growth and long-term economic cooperation.

ABOUT VIOLA ALEO LTD

Viola Aleo Ltd is a UK-based financial services company operating in financial intermediation (SIC code 64999). The company focuses on international financial relationships, professional services and long-term value creation.

Media enquiries:
Leonardo Bonetti
Email: bonetti@violaleoltd.euwww.violaleoltd.co.uk 

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