Yucheng Technologies will provide an integrated core banking system to Hunan Rural Credit Union (HNRCU), a leading provincial credit union, to meet its increasingly complex regulatory and competitive needs.

The new integrated core banking system is designed to improve operating efficiency and risk management, and covers HNRCU’s headquarters and 4,500 outlets. The software package also includes a variety of related systems, such as a payment system, a non-tax revenue system, and a data-share system among nationwide credit unions. The new system is compliant with the Ministry of Finance’s new accounting rules, which impact credit unions in 2009. (PRNewswire)

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