Press Release
Press Release
China Bohai Bank (CBHB) has gone live with a series of core banking and digital banking upgrades across selected critical modules, delivered in partnership with MuRong. The enhancements help the bank shorten time-to-market for new products, improve the customer experience, and scale business scenarios with greater agility.
· CBHB has strengthened the payment, clearing, and settlement capabilities of its core banking system, extending coverage to government and public finance institutional clients. The enhanced platform now supports the access and processing needs of G-end counterparties, delivering more efficient and streamlined financial services.
· Open banking has undergone a comprehensive upgrade, enabling full-spectrum financial scenario collaboration with leading e-commerce partners. This supports an open, efficient, shared, and secure cross-industry ecosystem.
· The Cross-Border Interbank Payment System (CIPS) is now in production, processing over RMB 910 million in cross-border RMB settlement within its first two days of operation. This reflects the bank's strengthened cross-border service capabilities.
This implementation again demonstrates MuRong's strength in building modern banking infrastructure, helping financial institutions sharpen their market differentiation and improve customer satisfaction.