China-based chip operating system (COS) developer, personalization bureau and supplier, Shanghai COS has joined GlobalPlatform as an Observer Member.

GRG has signed an exclusive partnership agreement with its Myanmar’s partner MIT to develop Myanmar’s national bankcard system – Myanmar Payment Union (MPU).

GRG Banking recently launched its OEM business, becoming one of the few companies in the world who have their own IPR of full series of cash processing modules.

Switzerland based LEGIC Identsystems is offering its cutting-edge access control solutions and biometric readers to China’s market through a licence partnership with Chinese solutions provider Sebury Technology.

Longtop Financial Technologies Limited has been awarded a consulting contract by a leading nationwide commercial bank.

GRG Banking and Microsoft have recently established the Joint Development Laboratory which is located in the GRG industry park, Guangzhou, China.

Chinese contactless cards manufacturer Shenzhen SXL Information Technology has become a new licence partner of LEGIC Identsystems Limited.

The Faculty of Business Administration of The Chinese University of Hong Kong (CUHK) has established a world-class finance trading laboratory regarded by the finance industry as the best of its kind on a university campus.

China UnionPay and American Express have signed a memorandum of understanding that calls for both companies to explore the expansion of their current cooperative activities.

UnionPay has signed ATM and merchants acquiring collaboration agreements with Brizilian bank Itaú Unibanco and Redecard, a company controlled by Itaú Unibanco, respectively.