Bank of China NY Signs On To Deutsche Bank’s Cross-Border Clearing Service April 15, 2014Bank of China New York will be using Deutsche Bank’s Guaranteed US Plus solution to improve price transparency of cross-border payments. HSBC Launches Cash Management Tool in China October 24, 2013The solution enables corporates to submit cross-border payment documentation electronically.
China to Top Japan in IT Spend by 2013 May 17, 2012According to a new report issued by IDC financial Insights, IT spending in China will reach $173 billion in 2013. China Will Be No. 1 M-Payment Market By 2015 April 25, 2012A report from consulting firm Kapronasia indicates that the Chinese mobile payments market will be worth more than $80 billion. Visa No Longer World's Largest Card Scheme August 12, 2011A recent Retail Banking Research study shows that China UnionPay has surpassed Visa to become the largest card scheme in the world. Bank of China Reducing Paper Consumption 95% By Taking SWIFT Messages Paperless January 26, 2011Bank of China's London subsidiary has stopped printing SWIFT messages, instead routing them with IBM software, cutting down on paper and making the messages easier to search.
Bank of China Steps Up Email Security March 15, 2010In the U.S., the bank is using an appliance and software from Proofpoint designed to catch emails that contain inappropriate words and phrases and personally identifiable information. Chinese Bank Deploys IT Service Management Software January 27, 2010Bank's Shanghai data center said to be experiencing higher IT service levels. INTERAC Brings Chinese Customers to Canadian ABMs September 28, 2009 China Merchants Bank Joins CHIPS May 20, 2009 Standard Chartered Implements Norkom AML Service in China March 31, 2009 Industrial and Commercial Bank of China Goes Live On Misys Solution December 02, 2008 NCR Secures Orders for 6,000 ATMs from Major Chinese Banks October 14, 2008 China Merchants Bank Chooses Temenos’ US Model Bank to Support New York Operations October 09, 2008 China Minsheng Banking Corp. Chooses Surecomp Integrated Trade Finance Solution September 28, 2008 Emerging Global Players Have the Resources To Transform the Banking Technology Business December 21, 2007Four emerging global "financial power brokers" -- oil-rich countries, Asian central banks, hedge gunds and private equity firms -- are becoming increasingly active in the financial services and business technology sectors, according to a new report by the Is China Going to Replace India as the Next Offshore IT Hub? August 01, 2007China threatens to be India's principal offshore competitor, according to Deloitte & Touche's "Global Financial Services Offshoring Report 2007." PULSE and LINK ATM Networks Enter Reciprocal Use Agreement September 29, 2006PULSE-LINK deal opens ATM networks to overseas travelers. PULSE and LINK ATM Networks Enter Reciprocal Use Agreement September 05, 2006 Hewlett-Packard Taps Financial Technology Leadership April 06, 2005Hewlett-Packard has selected a new CEO from the world of financial technology.