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Yucheng Technologies Ltd. (YTEC) Makes FinTech 100 for Second Year

QualityStocks (November 3rd, 2009) Writes:

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

...

Matthias Warnig’s Stasi Files

Robert Amsterdam (June 15th, 2009) Writes:
The fact that Matthias Warnig, the CEO of Dresdner Bank and close business associate of Gazprom in Germany, was a former agent of the East German Stasi was first revealed by the Wall Street Journal and other Germany media a few years back.  Picking up the latest exchanges over the Nord Stream pipeline politics (Steinmeier may be backing off his support for the project to prepare for elections), Roman Kupchinsky has a new piece taking another look at Warnig, including some info from his declassified Stasi file.Warnig's career was furthered by his alleged relationship with KGB Lieutenant-Colonel Vladimir Putin in Dresden. According to German press reports, the two men were allegedly collaborating on recruiting West German citizens to work for the KGB according to Warnig's former colleagues. Warnig has denied this accusation. Warnig eventually became ...

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