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UnionPay International launches its biggest-scale summer marketing campaign

20 Jun
Rainy Night in Shanghai, May 2016 - UnionPay International

SHANGHAI, June 20, 2018 /PRNewswire/ — As the summer approaches, China’s outbound tourism market will usher in an annual peak. A recent report released by China CYTS shows that over 60% of Chinese tourists traveling this summer will travel abroad. UnionPay International cardholders can use UnionPay cards in 169 countries and regions, and over 20,000 merchants overseas are participating in UnionPay International’s summer marketing […]

U.S.-China Economic Report

13 Jun
U.S.-China Economic Report

Cathay Bank Teams With UCLA Anderson Forecast for a U.S.-China Economic Report LOS ANGELES, June 13, 2018 /PRNewswire/ — Cathay Bank today announced the release of the inaugural Cathay Bank/UCLA Anderson Forecast U.S.-China Economic Report as part of a sponsorship relationship with UCLA Anderson Forecast. This publication is the first of a series of periodic […]

The “UnionPay” app can be used in 25 countries and regions outside mainland China

27 Apr
Shanghai China, skyline long exposure industrial

SHANGHAI, April 27, 2018 /PRNewswire/ — To better meet UnionPay cardholders’ demands for mobile payment services, UnionPay International is expanding the acceptance scope of the “UnionPay” app outside mainland China. UnionPay International announced today that users of the “UnionPay” app can now enjoy safe and convenient UnionPay mobile payment service in 25 countries and regions outside the Chinese […]

Sino-US Business Leaders Summit Successfully Held

30 Mar
Miami Business Leaders Summit

MIAMI, March 30, 2018 /PRNewswire/ — China has become the biggest trade partner of the United States since the reform and opening-up policy of China. According to the statistical data of the U.S. Department of Commerce, in 2016, the export sales of the U.S. to China reached USD 115.78 billion, the import amount from China reached USD 462.81 billion, and China became the biggest trade partner of the U.S., accounting for 21.1% of […]

Banks Learn How to Profit From the Transaction Banking Gold Rush at Annual iGTB Oxford School

05 Mar
Oxford School of Transaction Banking

“Roll up for the transaction banking gold rush,” was the rallying cry as 60 senior transaction bankers from across the globe convened for the annual iGTB Oxford School of Transaction Banking, hosted by corporate banking technology specialist Intellect Global Transaction Banking (iGTB). The continued acceleration of digital transformation was high on the agenda, and, with […]

UnionPay mobile payment transaction volume grows as Chinese tourists celebrating the Spring Festival all around the world

18 Feb
UnionPay mobile payment Lunar New Year Celebration

SHANGHAI, Feb. 19, 2018 /PRNewswire/ — Today is the fifth day of the Chinese Spring Festival holiday, and the Chinese New Year has become a global tourism peak season with more and more Chinese tourists celebrating the festival abroad. According to the data from China Tourism Academy, as many as 6.5 million Chinese people travel abroad this Spring […]

Trade/Project Financier, Bachmann & Welser To Launch USD 2 billion Project Finance Fund

17 Feb
Hong Kong Project Finance Fund

EDINBURGH, Scotland, February 17, 2018 /PRNewswire/ — Global Trade/Project Financier, Bachmann & Welser will launch a USD 2 billion Project finance fund in March 2018 with funds that will be backed by several private and institutional investors. The launch will coincide with Bachmann & Welser’s Asian Headquarters opening in Hong Kong. The fund, which is to be called, B&W Global Project Finance Fund, […]

New Study Shows Independent Operators Provide Majority of U.S. ATMs & Serve Under-Banked

16 Feb
U.S. ATMs

JACKSONVILLE, Fla., Feb. 16, 2018 /PRNewswire/ — As part of Congressional testimony offered during yesterday’s hearing before the U.S. House Subcommittee on Financial Institutions and Consumer Credit, Chaired by Congressman Blaine Luetkemeyer (R-MO), The National ATM Council (NAC) submitted the findings of a new independent study on the state of the U.S. ATM marketplace, entitled Location Study of ATMs in […]

MoneyGram and GCash Drive Financial Inclusion in the Philippines

07 Feb
Sunset at Boracay, Philippines

New partnership strengthens MoneyGram’s digital business in the region MANILA, Philippines, Feb. 7, 2018 /PRNewswire/ — MoneyGram (NASDAQ: MGI) and GCash, the mobile wallet and micropayment arm of Mynt, announced today a new partnership to drive financial inclusion in the Philippines. Millions of GCash users can now receive money from over 200 countries and territories on their mobile wallet and use the […]

White Dragon Society, IMF, GCR, Heritage Bonds and Bank Trading Programs

10 Jan
White dragon society and bank trading programs

Over the past several years we have received requests from dozens of legitimate groups claiming to have imminent closings and requesting us to supply them with high level receiving bank accounts and trading programs. Not a single one has ever received any funds. • Chinese Bonds – The Beijing government has stopped redeeming these. They […]