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Lianlian Global Launches Innovative Global Payout Service with Thunes as First Strategic Partner

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China, 10th Jul 2024 – Lianlian Digitech’s brand, Lianlian Global, announced that it has released a new global payment service, Lianlian Global Payout Service (LGPS), providing global payment services for cross-border payment service providers (PSPs), banks, and other licensed financial institutions. Through Lianlian’s global payment network, LGPS helps PSPs and other licensed financial institutions break through international payment boundaries and achieve faster, more stable and safer fund transfers.

Economic globalization, regional integration, and digital development have increased the frequency of cross-border trade activities, driving higher demand for cross-border payments. Traditional systems like bank wire transfers, remittance companies, and third-party payments are commonly used but come with challenges such as high costs, slow processing times, and complex procedures due to manual operations and multiple intermediary banks. The rise of cross-border e-commerce and online B2B transactions has further fragmented the payment flows, making traditional payment methods less effective for the current needs of cross-border trade.

To address these challenges, Lianlian Global has launched the LGPS product. This innovative solution empowers overseas PSPs, banks, and other financial institutions to offer global payment services essential for cross-border trade. With LGPS, these institutions can make payments to China and various regions worldwide through a unified API interface, ensuring a more transparent, secure, efficient, and traceable global payment experience.

Lianlian Global’s LGPS effectively addresses the pain points of traditional cross-border payments. It supports various business scenarios, including B2B and B2C, meeting the diverse payment needs of different customers. LGPS offers fast transaction speeds and low costs by leveraging a global fund processing network and optimizing intermediate links through the local bank clearing network, allowing real-time RMB credits without multiple intermediary banks. This approach reduces handling fees and costs significantly. Additionally, based on more than 60 payment service licenses and qualifications in the system and its independently developed anti-money laundering and anti-fraud risk control system, Lianlian can provide cross-border merchants with safe and compliant full-process and full-link cross-border services, making cross-border payments more secure. The process is transparent, enabling customers to initiate transactions, query balances, and download reports with ease.

The launch of Lianlian Global’s LGPS product is gaining worldwide recognition. Thunes, a global money movement innovator and cross-border payment infrastructure platform, will be Lianlian Global’s first strategic partner. By leveraging the network coverage of both companies, this partnership enhances the global payment capabilities of both Lianlian Global and Thunes, providing bilateral support for their clients and expanding their reach.

Thunes has one of largest digital wallet networks in the world. Thunes provides cross- border payments in 130 countries with a reach of over 3 billion digital wallet accounts and over 4 billion bank accounts. 

Thunes CEO, Floris de Kort, commented: “We welcome Lianlian to the Thunes Global Network with direct, real-time connectivity to 3 billion digital wallets and 4 billion bank accounts around the world. Lianlian is a highly respected leader in cross-border e-commerce, and we are happy to partner with them to provide the fastest, most transparent and fully compliant global payment solutions in the industry to over 1 million merchants in China.”

Lianlian Global is an innovative enterprise in the fields of payments, finance, and services for China’s cross-border trade. Its offerings include cross-border payments, global collection, global distribution, and exchange services. Lianlian Global provides integrated cross-border trade services to a diverse range of customers, including cross-border e-commerce, platforms, institutions, foreign trade, and overseas study and education organizations. As of last year, Lianlian’s business operations span over 100 countries and regions, supporting more than 130 currencies and serving approximately 3.2 million customers.

Shen Enguang, co-CEO of Lianlian Global said, “We are always committed to building a digital payment and service collaboration network for global enterprises, institutions and individuals, and helping enterprises carry out global cross-border business.” 

The launch of the Lianlian Global Payout Service marks another significant step for Lianlian in delivering seamless payment experiences for overseas licensed financial institutions and other customers, while expanding the boundaries of global payments. Leveraging its strong compliance and technological innovation capabilities, along with its global payment and financial network, Lianlian aims to collaborate with more payment service providers like Thunes, as well as banks and other financial institutions. This collaboration will provide end-to-end payment services, significantly shorten the payment process, enhance the efficiency of cross-border payments, and create new opportunities and value in international payments and global cross-border trade.

About Lianlian Global:

Lianlian Global, as a core brand of Lianlian Digitech.With strong compliance strength and technological innovation capabilities, Lianlian Global has built a global financial network to reach the world and a trade service network to cover the entire life cycle of merchants. Focusing on the core needs of cross-border enterprises, Lianlian Global, together with industry eco-partners, has created a one-stop cross-border trade service platform that integrates store opening assistance, global funds collection, global acquiring, global payout, Lianlian FX[1], Lianlian financing service platform[2], tax refund assistance and other services to help Chinese brands expand their overseas markets. 

[1] The exchange rate of Lianlian Global FX business is provided by partner banks

[2] The financing products and corresponding contents displayed on the Lianlian financing service platform are provided by relevant licensed institutions

About Thunes:

Thunes is a global payment innovator enabling businesses to move money in real-time and in full transparency. We empower our customers to pay and get paid by anyone, anywhere, and however they prefer, closing the gap between payment systems worldwide. With Thunes, large, medium and small companies can Accept cards, bank transfers and 330 alternative payment methods, and Pay over 3 billion mobile wallets and 4 billion bank accounts.

Thunes facilitates payments in more than 80 currencies across 130 countries, using local payment methods, including 120 mobile wallets like PayPal, M-Pesa and Airtel, for gig economy giants like Uber and Deliveroo, super-apps like Grab and WeChat, IMTOs, Fintechs, PSPs and banks. Headquartered in Singapore, Thunes has a presence in 13 locations, including Barcelona, Beijing, Dubai, London, Manila, Nairobi, Paris, San Francisco and Sao Paulo.

 

Media Contact

Organization: LianLian

Contact Person: LianLian PR Department

Website: https://www.lianlian.com/

Email: mgtt@lianlianpay.com

Country: China

Release Id: 10072414103

The post Lianlian Global Launches Innovative Global Payout Service with Thunes as First Strategic Partner appeared first on King NewsWire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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AIA Labs Introduces AIA Chain: A Game-Changing Blockchain for Financial Transactions

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AIA Labs, a trailblazer in blockchain innovation, has officially launched AIA Chain, a next-generation blockchain platform designed specifically for high-performance financial transactions. Fully compatible with the Ethereum Virtual Machine (EVM), AIA Chain integrates cutting-edge technology with unparalleled speed, scalability, and cost-efficiency, making it a leader in decentralized finance (DeFi), blockchain payments, and Web3 infrastructure.

Why AIA Chain Stands Out in the Crypto Ecosystem

AIA Chain is setting new benchmarks in the crypto and blockchain industries, addressing key challenges such as transaction speed, scalability, cost-efficiency, and regulatory compliance. Its unique features make it a compelling choice for developers, institutions, and users seeking innovative solutions in the rapidly evolving world of blockchain technology, cryptocurrencies, and smart contracts.

With the global digital payments market projected to reach $20 trillion by 2030, AIA Chain is strategically positioned to become a cornerstone of blockchain-based payment infrastructure.

Unrivaled Transaction Speed and Low Fees

AIA Chain is redefining the standards for blockchain payments with:

  • Over 100,000 transactions per second (TPS): AIA Chain surpasses the performance of major blockchains like Ethereum, Binance Smart Chain (BSC), and Solana.
  • Ultra-low transaction costs: At just $0.0002 per transaction, AIA Chain outperforms many leading blockchains, making it ideal for high-frequency use cases such as crypto payments, remittances, and DeFi protocols.
  • Meta-transaction mechanism: AIA introduces this advanced feature to lower the barriers for both developers and users, enhancing usability and adoption.

Built for DeFi, Web3, Gamefi, On-chain AI Agent and Beyond

AIA Chain is fully compatible with Ethereum, enabling seamless migration of projects and smart contracts. This makes it an ideal platform for developers building DeFi apps, NFT marketplaces, metaverse projects, and GameFi ecosystems. The platform’s focus on scalability and interoperability ensures that projects can thrive in a rapidly growing Web3 world.

Key Features of AIA Chain

APoS Consensus Mechanism and ISN Architecture

AIA Chain employs Adaptive Proof of Stake (APoS) and a unique Internet Sharding Network (ISN) architecture. These innovations:

  1. Prevent centralization and whale manipulation, ensuring a fair and secure network.
  2. Increase transaction throughput and enhance the platform’s decentralization.
  3. Drive high network activity, making AIA Chain a dynamic and robust ecosystem.

EVM Compatibility and Developer-Friendly Tools

By being fully compatible with EVM, AIA Chain simplifies project migration from blockchains like Ethereum, Binance Smart Chain, and Polygon. The inclusion of AVM (AIA Virtual Machine) provides developers with advanced tools to build scalable and innovative solutions, enabling smart contract deployment and decentralized application (dApp) development with ease.

Scalability and Layer 2 Solutions

AIA Chain supports Layer 2 scaling solutions and cross-chain interoperability, offering developers the tools to create applications that transcend blockchain silos. These features unlock vast potential for DeFi ecosystems, cross-border crypto payments, and enterprise blockchain solutions.

Focus on Compliance and Institutional Adoption

AIA Chain prioritizes regulatory compliance in global markets, providing a secure and legally compliant environment for both institutional and individual users. This focus positions AIA Chain as a preferred platform for enterprise blockchain adoption, bridging the gap between traditional finance (TradFi) and decentralized finance (DeFi).

Developer and Ecosystem Support

The AIA Foundation actively supports promising projects with funding, technical guidance, global roadshows, and marketing resources. By fostering developer growth, the foundation aims to build a vibrant, innovative ecosystem that accelerates the adoption of blockchain technology and cryptocurrency worldwide.

Transforming the Blockchain Landscape

AIA Chain’s unique combination of speed, affordability, and developer-friendly features positions it as a transformative force in the blockchain industry. Its applications span:

  • DeFi Protocols: Supporting decentralized exchanges (DEXs), liquidity mining, and innovative yield farming strategies.
  • Crypto Payments: Optimized for real-time, low-cost transactions in retail and institutional markets.
  • Gamefi, Ai-Fi, Memecoin, NFT and Web3 Ecosystems: AIA Chain provides a scalable foundation for Gamefi, Ai-Fi, Memecoin, NFTs, metaverse projects, and decentralized governance applications.
  • Enterprise Adoption: With a focus on compliance and scalability, AIA Chain bridges the gap between traditional financial systems and blockchain technology.

About AIA Labs

As the operational backbone of AIA Chain, AIA Labs is committed to fostering a dynamic and inclusive blockchain ecosystem. By providing technical leadership, regulatory insights, and developer support, AIA Labs is empowering a new generation of blockchain applications in DeFi, Web3, and beyond.

Support for Developers:

The AIA Foundation, managed by AIA Labs, offers comprehensive support for promising projects, including funding, technical assistance, and global marketing resources. By lowering barriers to entry, AIA Labs accelerates adoption and innovation within the blockchain space.

Focus on Compliance and Stability:

AIA Labs prioritizes compliance with regulatory frameworks across key global markets, establishing AIA Chain as a reliable platform for institutions and individuals alike, providing a compliant and secure platform for institutions and individuals. This commitment to compliance establishes AIA Chain as a preferred choice for financial applications requiring high-frequency transactions and reliability.

For more information, visit AIA Labs Website.

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Tradeview Markets Shines at Finance Magnates London Summit 2024

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London, UK, 26th November 2024, ZEX PR WIRETradeview Markets proudly stole the spotlight at the Finance Magnates London Summit 2024, a premier two-day event that brought together the biggest names in the financial industry.

With one of the best-looking booths, Tradeview’s presence was unmatched, attracting more attendees than any other exhibitor at the summit.

A Hub of Connection and Innovation
Tradeview´s team made the most of every moment, engaging with industry leaders, networking with professionals from across the globe, and showcasing cutting-edge technological advancements. Visitors at the booth not only experienced the future of trading but also left with exclusive giveaways—caps, ties, pens, and more—making Tradeview’s stands the ultimate destination at the summit.

Unforgettable Experiences and Star Power

In a highlight that wowed attendees, players from the Leicester Tigers men’s and women’s teams were at booth #31 to meet fans and take photos. This unique collaboration underscored Tradeview’s commitment to blending industry excellence with engaging, memorable experiences.

Adding to the excitement, models and influencers brought energy and style the booth, ensuring that Tradeview was a trending topic throughout the summit. From product demonstrations to interactive sessions, the buzz surrounding Tradeview Markets was electric.

A Bright Future for Tradeview Markets
“Tradeview Markets is thrilled to have been such a pivotal part of the Finance Magnates London Summit 2024,” said Tim Furey, CEO at Tradeview Markets. “This event provided an incredible platform for us to connect with the global financial community, showcase our innovations, and highlight what makes Tradeview a leader in the industry. The response was phenomenal, and we’re excited to continue building on this momentum.”

Looking Ahead
Tradeview Markets remains dedicated to pushing boundaries and leading the way in the financial services sector. With the success of the Finance Magnates London Summit 2024, the company is poised for an exciting year ahead, filled with innovation, growth, and continued industry leadership. Additionally, Tradeview Markets will participate in the Traders Fair in Hong Kong on December 14th.

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China-Europe Industrial Innovation Zone: Creating a model zone for China-EU cooperation

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2024 marks the 21st anniversary of establishing a comprehensive strategic partnership between China and Europe, China-EU relations are showing good momentum of consolidation and development. China looks forward to the EU becoming a key partner in pursuing Chinese modernization, sharing opportunities in its vast market, institutional opening-up, and deepening international collaboration.

Wuxi, a core city in the Yangtze River Delta urban agglomeration, has attracted investments from European companies such as AstraZeneca, Bosch, and Siemens since China’s coastal opening up. The city has opened up China-Europe freight train services and direct cargo routes to Europe, fostering deepening economic and trade cooperation—Wuxi High-tech Zone, located in the hinterland of the Yangtze River Delta with convenient transportation links. Since becoming a national high-tech zone in 1992, it has incubated a robust ecosystem of technological innovation, housing numerous postdoctoral workstations, listed companies, and high-tech enterprises. Ranked 4th among China’s top 100 districts for high-quality development and 18th among 177 national high-tech zones, Wuxi High-tech Zone stands out as a beacon of growth.

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In November 2023, the Wuxi China-Europe Industrial Innovation Zone was officially launched.

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As an open window for China-Europe cooperation, the China-Europe Industrial Innovation Zone aims to promote high-level openness, serving as a platform for sharing opportunities globally, a bridge for deepening EU collaboration, and a forefront for innovation in China-Eu partnerships. By the end of 2023, EU countries states had invested in 166 projects in the Wuxi High-tech Zone, with a total investment of €15 billion. In 2023 alone, these projects generated sales revenue of RMB 118.23 billion and contributed RMB 8.18 billion in taxes.IMG_256

Spanning a total planned area of 24.5 square kilometers, the China-Europe Industrial Innovation Zone is situated in the Meicun area of the Wuxi High-tech Zone. The core area covers 7.7 square kilometers, with the initial development area along both sides of Xinhua Road spanning 1.15 square kilometers. Anchored in Meicun Street, the zone aims to become a model for China-Europe cooperation, providing a premium platform for the Wuxi High-tech Zone and the city of Wuxi to strengthen international collaboration. The first phase of construction has already reached the structural topping-off stage and is expected to be completed by March 2025.

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Building on Wuxi High-tech Zone’s solid foundation of international industrial cooperation, the China-Europe Industrial Innovation Zone adheres to a philosophy of integrated development of science, industry, and urbanization. It is actively developing four international cooperation sub-parks: the China-Germany International Cooperation Industrial Park, the China-France International Cooperation Industrial Park, the China-Switzerland International Cooperation Industrial Park, and the China-Israel International Cooperation Industrial Park.

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The China-Europe Industrial Innovation Zone targets an annual output value of RMB 160 billion and tax revenue exceeding RMB 8 billion. It aims to attract at least 30 European “hidden champion” enterprises, including over 10 multinational company headquarters. The zone will construct more than 500,000 square meters of innovation facilities and jointly establish at least three European industrial technology transfer centers. Efforts to attract major China-Europe cooperative projects are being intensified, with key EU-related projects such as Legrand, AML Systems, Schneider Electric, Faurecia, and Siemens accelerating their presence in the zone. The future focus will be on cutting-edge EU technologies and innovations, optimizing industrial structure and layout to position the zone as a leading provincial-level economic development zone, Wuxi High-tech Zone’s preferred industrial destination, and a top-tier international industrial cooperation zone renowned across China and the Yangtze River Delta.

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