Yucheng Technologies Ltd. reports that for a second year the company has ranked in the FinTech 100. The rankings are made on selection criteria which include key applications in the banking sector including: core processing, branch, tellers, loan management, credit card, mortgage origination, CRM, online banking and cash management, along with many other services.

Yucheng is a turnkey solutions provider with products that serve banking needs from front office solutions, such as e-banking, to back office and risk management. Yucheng currently has the widest portfolio of IT solutions targeted to banks in China.

Mr. Weidong Hong, CEO of Yucheng Technologies, commented, “Yucheng’s exclusive focus on the banking sector in China makes it uniquely able to provide customized solutions that meet banks’ rapidly developing requirements,” “This win acknowledges the importance of the Chinese banking market and Yucheng’s contribution to developing superior solutions for banks.”

The FinTech 100 survey has been tracking

Yucheng Technologies Ltd. provides IT services to financial service providers in China. The company yesterday announced it has put into action a Top Four bank’s e-banking VIP interface, combining heightened network security and an easy-to-use system designed to increase customer satisfaction and usage.

Serving more than 25 of China’s top banks, Yucheng is looking to provide its high-net worth clients with the most effective level of online security. As the recession plows through its 21st month, global identity fraud has increased to alarming levels. The company’s goal is to reduce the risk of digital identity theft and fraudulent account access with an interface that offers comfort and convenience for online banking customers.

“By deploying state-of-the-art technology and consistently evolving our functionality ahead of market demands, Yucheng has ensured that our e-banking solutions lead the industry. The new e-banking VIP interface represents another milestone in our solution leadership, as

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China Valves Technology, Inc. (OTC Bulletin Board: CVVZ), a leading metal valve manufacturer with operations in the People’s Republic of China, today announced that the Company’s new production facility at its Henan Kaifeng High Pressure Valve Co., Ltd. subsidiary will begin formal production in mid September 2009.

Yucheng Technologies Limited