In the middle of flak concerning alleged securities fraud, Chinese financial services software firm Longtop Financial Technologies Limited announced that its chief financial officer, Derek Palaschuk, who was previously CFO at Chinese Internet firms Sohu.com and eLong.com, has resigned.

Chinese financial services software firm Longtop Financial Technologies Limited announced its unaudited financial results for the quarter ended June 30, 2010, which is the first quarter of its fiscal year ending March 31, 2011.

Chinese financial services software firm Longtop Financial Technologies Limited announced its unaudited financial results for the quarter ended September 30, 2009, which is the second quarter of its fiscal year ending March 31, 2010, and showed increases in both revenue and profit.

According to South Metropolitan Daily newspaper, the personal data of more than 1000 employees of IBM Shenzhen has been disclosed and used to apply for credit cards.

Alipay, the Internet payment subsidiary of the Chinese e-commerce group Alibaba, has announced that it will lift the limit on large credit card payments.

Chinese financial services software company Longtop Financial Technologies Limited announced its unaudited financial results for the quarter ended June 30, 2009.

Chinese B2B e-commerce company Alibaba has published its performance report for the first half of 2009 ended June 30.

According to Taiwan's financial regulatory department, 368 stores in Taiwan have installed UnionPay's devices to accept payments with bank cards and credit cards from mainland Chinese consumers.

Industrial and Commercial Bank of China has announced that with the cooperation with all the three major Chinese telecom operators, China Mobile, China Telecom, and China Unicom, it has formally launched its 3G mobile phone bank services.

Bank of China and the Chinese B2B e-commerce group Alibaba have signed a comprehensive strategic cooperative agreement to jointly provide e-commerce value-added services to customers.

The China Banking Regulatory Commission has issued a circular which asks Chinese banks not to provide credit card services to students under 18 years old.

Chinese financial services software company Longtop Financial Technologies Limited has announced a resignation from its board and does plan to fill that spot.

Chinese financial services software provider Longtop Financial Technologies Limited has reported its unaudited financial results for the fiscal fourth quarter and fiscal year ended March 31, 2009.

Chinese financial services software company Ninetowns Internet Technology Group Company Limited has reported its financial results for the six-month period and full year ended December 31, 2008.

Chinese financial services software provider Longtop Financial Technologies Limited has entered into a definitive agreement to acquire the business and assets of Sysnet Info-tech Corporation, for an undisclosed sum.