Octopus Cards Limited has teamed up with Bank of China to introduce the Automatic Add Value Service (AAVS) in mainland China, bringing added convenience to cardholders of Great Wall International Credit Card.

The Bank of Communications (BoCom) has deployed BMC Software’s Remedy IT Service Management (ITSM) suite at its Shanghai data center and has seen an increase in its level of IT service.

The new cross-border payment-versus-payment (PvP) link between Hong Kong’s US Dollar real time gross settlement (RTGS) system and Indonesia’s Rupiah RTGS system has been launched on 25 January 2010, according to the Hong Kong Monetary Authority (HKMA).

MoneyGram International and Bank of China have announced an agreement that will bring MoneyGram money transfer services to Bank of China’s 10,000 domestic branches in the mainland in the coming years.

Longtop Financial Technologies has entered into a definitive agreement to acquire for cash 100% of Giantstone Information & Technology Ltd., a leading core banking solution provider in China.