Longtop Financial Technologies LimitedXiamen, China (NYSE: LFT)

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Longtop Company Description

Longtop Financial Technologies makes software to help manage hard cash. The firm designs both custom-built and standard software for financial companies in China. Its channel-related software enables banks to manage various channels, such as ATMs, tellers, call centers, and Web sites; share customer data among these channels; and offer more personalized services. Its business products help banks conduct transactions like international trade finance, payments and settlements, and credit card operations. The firm's management software supports clients' internal operations. Among its customers are leading Chinese banks, including China Construction Bank, Agricultural Bank of China, and Bank of China.

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The Company Description provides a historical perspective of Longtop's organization from inception to current status.

Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Longtop's evolution in the marketplace.

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