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UnionPay partners Millennium bcp to foray into Portugal market

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06-Dec-18 China’s UnionPay has partnered with Portugal's private bank Millennium bcp to issue UnionPay Portugal cards. Millennium will issue both consumer and commercial cards. Millennium becomes the first local institution in Europe to provide the cards. [image: Cards International]

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American Express secures payments license in China

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12-Nov-18 American Express has been granted preparatory approval from the People’s Bank of China for a clearing and settlement license in mainland China. Amex can begin building a network business to process domestic RMB transactions through its joint-venture in the country. [image: Beyond My Ken / Wikipedia]

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