Alibaba.com has entered into an agreement to acquire Auctiva, the leading third-party developer of tools for eBay sellers.

MetroBank N.A. has signed an official agreement with the Bank of China-Shanghai to conduct Renminbi (RMB) cross border settlement directly with China on trade related businesses.

MoneyGram International and Bank of China have announced the introduction of MoneyGram’s services at 930 bank branches across Guangdong province.

American Express has introduced its first Yuan prepaid travel product - the Yuan Travelers Cheque for international travelers visiting China.

World Gold Council (WGC) and Industrial and Commercial Bank of China (ICBC) have signed a memorandum of understanding (MOU) for strategic cooperation within China’s gold market.

Western Union has signed agreements to offer Western Union Money Transfer services with Bank of Jilin, Bank of Harbin, Fujian Haixia Bank and Zhejiang Chouzhou Commercial Bank. These agreements extend Western Union’s network reach to the northeastern, southern and eastern regions of China.

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.

Yucheng Technologies Limited has announced a joint venture with NTT DATA, that will rapidly develop Yucheng’s E-Banking ASP into an unparalleled leader in hosted e-banking for China.

Hong Kong Mercantile Exchange is set to boost its global launch with a connection to Transaction Network Services’ Secure Trading Extranet.