Yucheng Technologies Ltd. (YTEC) Launches FIP e-Banking Interface to Reduce Digital Identity Theft

QualityStocks would like to highlight Yucheng Technologies Ltd. (NASDAQ: YTEC). Yucheng Technologies is a leading IT service provider to the Chinese financial service providers. The company provides a comprehensive suite of IT solutions to Chinese Banks including: (i) Channel Solutions, such as e-banking and call centers; (ii) Business Solutions, such as core banking systems and loan management; and (iii) Management Solutions, such as risk analytics and business intelligence.

In the company’s news yesterday,

Yucheng Technologies Ltd. announced it has put into action a Top Four bank’s e-banking VIP interface, combining heightened network security and an easy-to-use system designed to increase customer satisfaction and usage.

Serving more than 25 of China’s top banks, Yucheng is looking to provide its high-net worth clients with the most effective level of online security. As the recession plows through its 21st month, global identity fraud has increased to alarming levels. The company’s goal is to reduce the risk of digital identity theft and fraudulent account access with an interface that offers comfort and convenience for online banking customers.

“By deploying state-of-the-art technology and consistently evolving our functionality ahead of market demands, Yucheng has ensured that our e-banking solutions lead the industry. The new e-banking VIP interface represents another milestone in our solution leadership, as we strive to provide the highest quality, easiest to use and most secure solutions to our clients,” Weidong Hong, CEO of Yucheng stated in the press release.

The e-banking interface, or “virtual branch,” resembles a visual depiction of an actual bank, where customers can transfer funds, exercise wealth and account management, monitor credit card transactions, and various other banking features.

Initially launched in 2005, Yucheng’s e-banking platform has grown to offer personal, corporate, and with today’s announcement, VIP interfaces. Each interface is tailored to provide the services and products for a target audience while using core technology to limit reduplication and maintenance costs.

About QualityStocks

QualityStocks, based in Scottsdale, Arizona is a free service that collects data from hundreds Small-Cap and Micro-Cap online Investment Newsletters into one Free Daily Newsletter Report. QualityStocks is dedicated to assisting emerging public companies with their advertising efforts and now has over 750,000+ subscribers that receive The Daily Stock Newsletters.

Please see disclaimer on QualityStocks website: http://Disclaimer.QualityStocks.net 

Forward-Looking Statement:

This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.