Longtop Financial Technologies says it is developing a customized Analytical Customer Relationship Management (ACRM) solution for a Big Four Bank client in China.

As a result of an agreement between China Unionpay and Portuguese state-owned bank Caixa Geral de Depósitos (CGD Bank), CUP card-holders now can use their cards to withdraw cash at ATMs in Portugal. This also marks that CUP cards are now open to acceptance in 28 countries worldwide.

Ingenico has acquired a 55% stake in Fujian Landi for US$17.05 million in cash. Landi is a privately owned transaction solution provider and POS manufacturer in China.

Watchdata’s SIMpass™ technology has been selected by True Corporation to enable its new Touch SIM innovation on TrueMove mobile phone service. TrueMove is the mobile phone service arm of True Corporation with more than 12.5 million subscribers making it the third largest mobile operator in Thailand.

GRG Banking is working with Global Cash Services Pty, Ltd. (GCS) to create a new joint venture GRG Banking International Co., Ltd (GRGBI). GRGBI will play an important role in GRG Banking’s international market business expansion and provide specialized expertise for its prospective development.