CUP Data, TSYS’ joint venture with China UnionPay(CUP) has signed a long-term credit card processing agreement with the Bank of East Asia (BEA). BEA is the first foreign bank to independently launch its own credit card program in China.

CUP Data was established in 2003, and has signed more than 61 credit, debit and prepaid processing client banks at year-end 2008. The company provides transaction processing, disaster recovery and other services for issuing banks in China.

• CUP Data to Provide Credit Card Processing Services for Huaxia Bank
• TSYS Increases Equity Stake In China UnionPay Data
• CUP Data Signs Credit Processing Agreement with China Postal Savings Bank
• TSYS Success in China Continues
• CUP Data to Offer FICO Solutions for China’s Bankcard Industry
• Sino Payments Completes Global Processing Platform in China
• BOC Launches CUP JPY Debit Card in Japan
• CUP Data, Arcot Systems Team up to Strengthen Risk Management and Anti-Fraud Measures