Empowering Global Collections and Payments for Foreign Trade Enterprises

HONG KONG, Nov. 3, 2026 /PRNewswire/ — XTransfer, the world’s leading B2B cross-border trade payment platform, and Bank of China (Hong Kong) (“BOCHK”) are pleased to announce the signing of a cooperation agreement. The two parties will work together to expand their international business, providing one-stop cross-border financial services, including global collections, payments, and foreign exchange, for enterprises engaged in international trade in Hong Kong and around the world.

Coinciding with Hong Kong FinTech Week 2026, Mr Martin Liu, Vice President of XTransfer and Ms Winnie Fan, Deputy General Manager of the Global Corporate Banking Department of BOCHK, officially signed the cooperation agreement at the XTransfer booth, witnessed by Mr Bill Deng, Founder and CEO of XTransfer and Mr Liu Chao, General Manager of the Global Corporate Banking Department of BOCHK, marking a new stage in the partnership between the two parties.

Under this cooperation, XTransfer and BOCHK will collaborate in depth across business areas including global collections, payments, and foreign exchange. Leveraging BOCHK’s professional capabilities in cross-border settlement and foreign exchange trading, as well as its unique position as the RMB clearing bank in Hong Kong, combined with XTransfer’s self-built globally unified B2B cross-border settlement network and risk management system, the two parties will jointly create an efficient, lower-cost, and compliant fund collection, payment, and currency exchange experience for foreign trade enterprises. Under this cooperation model, XTransfer is the first corporate partner of BOCHK.

As the cooperation progresses, foreign trade enterprises in Hong Kong and around the world will be able to access global cross-border collection, payment, and foreign exchange services more conveniently, meeting their multi-currency transaction and settlement needs across different markets. Both parties expect that by reducing the handover points in cross-border transaction processes, they can enhance the service experience and capital turnover efficiency, helping enterprises seize global trade opportunities more flexibly.

This cooperation also reflects XTransfer’s continuously deepening Financial Institution Partnership Model. Financial institution partners can act as “Co-builders”, providing cross-border collection, payment, and foreign exchange capabilities; at the same time, through XTransfer’s network covering over one million business customers, they can reach more enterprise customer segments with cross-border financial service needs, achieving complementary capabilities and shared strengths.

Mr Bill Deng, Founder and CEO of XTransfer, said, “We are very honored to sign the cooperation agreement with BOCHK during Hong Kong FinTech Week. BOCHK is one of Hong Kong’s most representative banks, with deep expertise in cross-border settlement and foreign exchange services. This cooperation combines the strengths of both parties, enabling SMEs to enjoy cross-border financial services of the same standard as large multinational corporations. Going forward, we will continue to refine our compliance and risk control capabilities and work with more financial institution partners to build trustworthy cross-border financial infrastructure.

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SOURCE XTransfer

SHANGHAI, Nov. 3, 2026 /PRNewswire/ — PATEO is advancing in-vehicle AI by deploying NVIDIA Nemotron and the 35-billion-parameter ByteDance Doubao language model in its AI Box, built on NVIDIA DRIVE AGX Thor. The solution combines local AI inference with PATEO’s AI Agent platform to support multilingual interaction, understand cabin context and coordinate vehicle functions.

At Auto China 2026 in Beijing, PATEO announced joint development of the solution with ByteDance and a leading new energy vehicle automaker. PATEO has also secured a project nomination for a new-generation vehicle from a leading new energy vehicle automaker, with mass production for that program expected in the second quarter of 2027.

In-vehicle local inference with Nemotron and Doubao

PATEO has integrated NVIDIA Nemotron 3.5 ASR for speech recognition into its in-vehicle model suite. In collaboration with ByteDance, PATEO has also integrated Doubao, a 35-billion-parameter mixture-of-experts language model. The suite includes text-to-speech synthesis and a 2-billion-parameter language model for semantic classification and request rejection.

The integrated suite can run inference locally without a cloud connection, supporting multilingual voice interaction and real-time streaming speech recognition. This enables core AI functions to remain available when connectivity is limited, while connected services and cloud updates extend the system’s capabilities.

The PATEO AI Agent platform combines voice, visual and sensor inputs to interpret user requests and cabin conditions. Within vehicle safety permissions, it can invoke cabin controls and online services, coordinate concurrent tasks and manage longer-running requests. With user authorization, it can remember preferences and habits to personalize future interactions.

AI Box Brings Proactive Intelligence to the Cockpit

PATEO’s AI Box supports practical scenarios throughout the driving experience. Sentinel AI can identify and issue alerts for risks such as parking violations, flooding and fire. On hot commutes, occupants can independently adjust driver and passenger climate settings through voice commands or gestures. During extended highway driving, the AI agent can detect driver fatigue and ask whether the driver would like to open a window or activate seat massage. In areas with poor air quality, it can suggest closing windows and switching to recirculation based on location and learned driving habits.

Built on NVIDIA DRIVE AGX Thor, the AI Box connects perception, reasoning, execution and learning. Sustaining these experiences requires memory bandwidth alongside peak compute measured in TOPS. As context accumulates across conversation turns and agent actions during a trip, the model’s key-value (KV) cache grows, increasing demands on memory capacity and bandwidth. Thor’s accelerated compute and high memory bandwidth help support responsive local inference. Within automotive safety permissions, the AI Box coordinates cockpit controls, connected services and concurrent or longer-running tasks. With user authorization, it remembers preferences and habits, while cloud updates help refine its capabilities.

The AI Box’s modular software architecture and integration with in-vehicle systems and NVIDIA’s edge and cloud AI ecosystem support model deployment, tuning and customization across vehicle programs. By adding dedicated AI computing capacity without replacing the original main control chip, it also offers an upgrade path for existing vehicles whose processors cannot support larger models, concurrent multimodal interactions and proactive agents through software updates alone.

Expanding Beyond Hardware with Tokenomics and Physical AI

PATEO is building on the AI Box to expand from one-time hardware delivery into ongoing AI services and operations. Its in-vehicle Tokenomics strategy aims to create recurring revenue around the deployment and use of AI capabilities, extending the business opportunity beyond the initial hardware sale.

In June 2026, PATEO formed partnerships with Mininglamp Technology, Xunce Technology and Saimo Technology to jointly develop a token-based physical AI world model and TokenOS. The collaboration brings together on-device hardware, simulation testing, data infrastructure, creating a foundation for delivering and operating AI services.

Built on NVIDIA DRIVE AGX Thor, the AI Box provides a reusable platform that PATEO can adapt to different automakers and vehicle programs. The company is also extending its expertise in intelligent interaction and hardware engineering into robotics. PATEO reports a project nomination from a leading domestic robotics computing provider, opening an opportunity to apply its platform capabilities to physical AI applications beyond vehicles.

As on-device models and AI agents move toward broader automotive deployment, PATEO is combining NVIDIA accelerated computing with its cockpit software and hardware expertise to support that transition. Its focus on reusable technology, deployment across vehicle programs and ongoing AI services supports its evolution from a smart cockpit supplier into an AI platform company, with opportunities for growth across automotive and broader physical AI markets.

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SOURCE PATEO

iPhone 18 Pro Bidding Starts at NT$1 on November 11 as TutorABC Shop Opens Its Technology to Brands and Retailers

TAIPEI, Nov. 3, 2026 /PRNewswire/ — TutorABC Shop is launching a new real-time live auction shopping model this Double 11, combining livestreaming, instant bidding, social interaction and gamified shopping.

The initiative demonstrates how livestreaming can evolve beyond a marketing tool into a real-time commerce channel for brands, retailers, department stores, and e-commerce businesses.

>>【Join the Double 11 Auction】：https://www.tutorabc.com/count.asp?code=ss1MgB6iWT

A Fast-Growing Global E-Commerce Model

Platforms including Whatnot, TikTok Shop and eBay Live have continued to expand livestream shopping and real-time bidding.

TutorABC Shop has developed this technology to help businesses create more interactive shopping experiences across their own platforms, websites and digital channels.

>>【Join the Double 11 Auction】：https://www.tutorabc.com/count.asp?code=ss1MgB6iWT

Key features include:

Real-time bidding and purchasingLive product demonstrationsSocial interaction and entertainmentScarcity and time-limited competitionDirect engagement between brands and consumersIntegration into a brand’s or retailer’s existing digital ecosystem

>>【Join the Double 11 Auction】：https://www.tutorabc.com/count.asp?code=ss1MgB6iWT

Rodney Miles, Co-Chairman of TutorABC Shop, said:

“Consumers increasingly want shopping to be interactive, social and entertaining—not simply another discount. The larger opportunity for TutorABC Shop is to enable brands and retailers to use this technology across their own platforms and digital channels, helping them showcase products, engage directly with customers and generate sales in real time.”

>>【Join the Double 11 Auction】：https://www.tutorabc.com/count.asp?code=ss1MgB6iWT

Six Days of Live Bidding from November 6 to 11

TutorABC Shop will hold its “1111 Bidding Shopping Festival” from November 6 to November 11.

Highlights include:

Six consecutive days of live auction streamingA range of lifestyle and popular productsiPhone 18 Pro bidding starting at NT$1 on November 11Real-time viewing, bidding and interaction

The event will serve as a live demonstration of the technology and shopping experience that TutorABC Shop can provide to brands, retailers, department stores, and other commercial partners.

>>【Join the Double 11 Auction】：https://www.tutorabc.com/count.asp?code=ss1MgB6iWT

Technology and Platform Opportunities for Brands and Retailers

While TutorABC Shop will operate its own Double 11 event, the broader opportunity is to make its live auction technology and platform capabilities available to major retailers, brands and e-commerce players.

Businesses can use the technology on their own websites, apps, online stores or other digital platforms to create branded live commerce experiences without having to build the underlying system themselves.

>>【Join the Double 11 Auction】：https://www.tutorabc.com/count.asp?code=ss1MgB6iWT

Potential applications include:

New product launchesDedicated brand eventsLimited-edition productsHigh-interest productsInventory clearanceSpecial promotionsCustomer engagement campaignsLive commerce integrated into existing websites or e-commerce platforms

TutorABC Shop is seeking discussions with:

Major brandsRetail groupsE-commerce platformsOnline marketplacesDistributorsTechnology and channel partners 

>>【Join the Double 11 Auction】：https://www.tutorabc.com/count.asp?code=ss1MgB6iWT

The concept is simple:

Turn livestreaming from content into real-time commerce—on the platforms where businesses already engage with their customers.

Companies interested in licensing, integrating or deploying TutorABC Shop’s live auction technology across their own platforms and digital channels may contact the TutorABC Shop partnership team.

>>【Join the Double 11 Auction】：https://www.tutorabc.com/count.asp?code=ss1MgB6iWT

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SOURCE TutorABC Shop