U.S.-based MoneyGram International has introduced a cash-to-account service with Industrial and Commercial Bank of China.

The British retail giant Tesco PLC has announced plans to establish a joint venture with a financial group to develop shopping centers in China.

China UnionPay has collaborated with commercial banks, mobile communication operators, and mobile phone manufactures for the establishment of the Mobile Payment Industry Alliance in China.

The China Banking Association has published its 2009 corporate social responsibility report while celebrating its 10th anniversary in Beijing.

Six companies, including Carrefour, Huayi Brothers, Shanghai Huge Group, and Industrial and Commercial Bank of China, have signed strategic cooperative agreements to enter Huangpo, a peripheral city of Wuhan in Hubei province.

The Industrial and Commercial Bank of China has opened its first wholly-owned Middle East subsidiary bank in Dubai, the economic and financial center of the United Arab Emirates.