Established in2003 in Shanghai, China UnionPay Data Services Co., Ltd (hereinafter referredto as CUP Data), a subsidiary of China UnionPay, is a leading outsourcing service provider nationwide specialized in account services.Currently, CUP Data has provided professional solutions including corecard-issuing systems, value-added products as well as consulting and dataanalytics services to over two hundred card issuers. In addition, the companyalso provides secure, stable and efficient operation service for hundreds ofmillions of bank cards.
CUP Data iscommitted to continuously create values for clients through innovative ITservice. The company’s card-issuing data processing service covers differenttypes of card including credit cards, debit cards, prepaid cards and offlinechip card accounts, which conforms to corresponding standards of ChinaUnionPay, VISA, MasterCard and other major card schemes. The self-developed CUPData Card-issuing Cloud Service Platform is the first cloud-based card-issuingsystem that fully owns independent intellectual property rights. This systemwas awarded the second prize of PBoC Science and Technology Development Awardin Banking Industry. Centered on core card-issuing systems, the company rollsout multi-scenario value-added products and various Internet financialsolutions such as credit scoring, collection, SMS and call center, aiming tosatisfy customized demands of clients. The company also provides credit cardconsulting and data analytics service based on clients’ needs, its richexperience and massive data resources.
CUP Data alwaysregards system and information security as its lifeline. It is the firstdomestic outsourcing service provider specialized in card-issuing dataprocessing that has passed Compliance and Security Inspection of CommercialBanks Bankcard System Technical Standards conducted by PBoC. After that, thecompany obtained PCI-DSS (The Payment Card Industry Data Security Standard)certification, SSAE16 certification, ISO9001 certification (quality managementsystem), ISO20000IT certification (service management standard), and ISO27001certification (information security management system). The company hasestablished a local disaster recovery center and a remote one which hasachieved Level 5 of national disaster recovery standard. CUP Data served as oneof the first council members of the Association of IT Outsourcing ServiceProviders in the Banking Sector, which was established by China BankingRegulatory Commission (CBRC). It is also under direct supervision of CBRC forits outsourcing services. Moreover, the company is one of the firstorganizations that supports cryptographic algorithm modification for financialchip cards.
In the future, CUPData will further fulfill its commitment of technology boots value of account. Guided bythe core values (Collaborative, Professional, Sincere, Conscientious) andworking principles (Proactive, Pragmatic, implementary, Responsible), CUP Data strives to attract more card issuers and quality resources in other industries and build a leading professional card-issuing platform nationwide. It aims to achieve win-win results by working with stakeholders and aim to be a world-leading account services expert .
As a bankcardorganization in China, China UnionPay has cooperated with hundreds oforganizations at home and abroad. Its business network has covered rural andurban areas of China and expanded to more than 170 countries and regions inAsia, Europe, America, Oceania and Africa. China UnionPay is currently workingwith its global partners in an effort to provide more efficient, faster andsafer transaction clearing service and grow into a comprehensive platform-basedpayment service provider with global influence.
TSYS is one of thelargest payment outsourcing service providers worldwide. It focuses onproviding a wide range of card issuing (credit card, debit card and prepaidcard) and acquiring processing services for more than 400 financialinstitutions and retail companies in over 80 countries and regions in NorthAmerica, Europe and the Asian-Pacific region. Headquartered in Columbus,Georgia, TSYS was listed in 1989 on the New York Stock Exchange.
VisionThe leading digital account service and financial technology service expert
Technology for financial empowerment
Collaborative Professional Sincere Conscientious
Proactive Pragmatic Implementary Responsible
Sharevalues Share capabilities Share wealth
January: CUP Data was founded.
August: Issued Plum Blossom Credit Card for Bank of Nanjing, which was the first bank card issued by CUP Data card issuing system, and also the first UnionPay standard credit card issued in China.
November: Issued Huitong Credit Card for Bank of Ningbo.
July: Issued Industrial Credit Card for Industrial Bank.
December: Self-developed value-added products including SMS system, call center system and e-mail system went live.
May: Issued Minsheng Credit Card for Minsheng Bank.
December: Brought in a strategic investor—TYSY, the largest third-party credit card processor in America.
February: Provided disaster recovery and backup service to Export-Import Bank of China.
June: Number of cards issued surpassed 1 million.
June: Issued Huaxia Credit Cards for Huaxia Bank.
December: Completed the migration of credit card system of Pudong Development Bank from Singapore to Shanghai, which was the first successful migration of credit card system from abroad to home.
February: Issued Jingshi Hong Kong Travel Card for Bank of Beijing.
May: Number of cards issued surpassed 10 million November: Issued Postal Savings Bank Credit Card for Postal Savings Bank of China.
December: Issued the first foreign bank credit card in China for Bank of East Asia, which was also the first UnionPay standard credit card issued by foreign banks in China.
August: A remote disaster recovery center of CUP Data card issuing system was completed which was situated in China UnionPay Beijing Information Center.
November: CUP Data and Expresspay Card Commercial Co., Ltd. entered into an issuing outsourcing contract of prepaid cards.
December: CUP Data passed national information system security assessment.
April: CUP Data and Societe Generale entered into an issuing outsourcing contract of debit cards.
June: CUP Data signed an outsourcing contract on transaction processing system of Qingdao social security card with China UnionPay Qingdao branch.
January: CUP Data and PCITC signed a technical service agreement on Sinopec fuel card upgrading.
July: CUP Data signed a prepaid card issuing outsourcing contract with China Railway & Banking Expresspay Co., Ltd.
October: CUP Data signed a PBOC2.0-standard chip card issuing outsourcing contract with Macau Pass.
May: Number of cards issued surpassed 50 million.
July: CUP Data signed a prepaid card issuing outsourcing contract with Commercial Bank of Dubai, which was a breakthrough for the company’s international business.
January: 10th anniversary of CUP Data.
February: CUP Data signed a credit card issuing outsourcing contract with Standard Chartered Bank.
December: CUP Date was elected as a council member of the Association of IT Outsourcing Service Providers in the Banking Sector.
January: Shanghai inter-hospital integrated payment service platform developed by the company went life, extending the company’s service reach to the healthcare industry.
March: Number of cards issued surpassed 100 million.
December: CUP Data hosted the first Lujiazui Forum on the Development of Regional Banks.
January: CUP Data released Credit Card Development Index of Regional Banks
April: CUP Data Card-issuing Cloud Service Platform won 2nd prize of 2014 PBoC Science and Technology Development Award in the Banking Industry.
June: Number of cards issued surpassed 200 million.
November: CUP Data was under direct supervision of the China Banking Regulatory Commission for its outsourcing services.
December: CUP Data signed a contract with China’s MIIT on the R&D project of secure and reliable domestically-made chips for financial chip cards.
January: CUP Data signed a debit card issuing outsourcing contract with Lao China Bank, which was the first overseas debit card issuing outsourcing project.
January: CUP Data signed a credit card issuing outsourcing contract with HSBC.
January: total credit cards issued by CUP Data reached 100mn.
March: CUP Data won the bidding for the new generation of China Guangfa Bank’s collection system.
April: The new credit card system of China Minsheng Bank successfully went live, migrating over 30mn cards and 20mn client accounts.
April: CUP Data established a wholly-owned subsidiary Shanghai Innovation and Data Information Technology Co., Ltd.
October: won the “Team Champion” of the China UnionPay’s First Systemwide Games.
December: Total active credit cards processed by the company exceeded 100 million.
January: The 15th anniversary of CUP Data.
January: CUP Data Institute was established.
May:CUP Data help Huaxia bank successfully went live new credit card system .
July ：CUP Data Strategic cooperation with Jingdong Finance.
October ：CUP Data Set up a Guangdong branch.November：CUP Data help Industrial bank successfully went live new credit card system .
March: the total credit card issued by CUP Data exceeded 200 million.
March: CUP Data helped “Shengjing Bank JD Finance Co-branded Card” to get off to a good start.
April: CUP Data became the governing unit of China UnionPay National Engineering Laboratory for Electronic Commerce and Electronic Payment.
June: the Strategic Development Plan from 2019 to 2021 of CUP Data was released.
September: the “JD Finance Co-branded Credit Cards” operated by CUP Data exceeded 1 million.
November: CUP Data and the Finance Bureau of Pudong New Area jointly hosted the 2019 Lujiazui Forum on Development of Regional Banks.
June: CUP Data assisted Huaxia Bank in upgrading the credit card system host successfully.
September: CUP Data and China CITIC Bank Credit Card Center signed a strategic cooperation agreement.
November: “Financial Digital Development Alliance” was formally established.
November: The “2020 Financial Digital Development Awards” were presented.
December: CUP Data’s first credit card digital operation product “CUP QuickPass Boundaryless Card” was released.
The effective number of credit card digital operation exceeded 1 million
More than 100 million operating accounts of Internet consumer credit system
By the end of 2022, CUP Data has more than 500 clients in total, including 164 credit card issuing clients. To live up to the high expectations of clients, CUP Data will continue to consolidate its leading position in the outsourcing market of card-issuing data processing, focus on advancing professional card-issuing services, and establish a leading card-issuing service platform in China. Moreover, the company will follow the guidance of international expansion strategy of China UnionPay, leverage its competitive edge on technical expertise, and speed up its expansion of international business. CUP Data hopes to join hands with partners to achieve win-win results.
CUP Data, incubated by the market, has established itself as an industry leader through fierce competition and innovation. In a sense, CUP Data is China’s bankcard industry in miniature. The history of CUP Data not only reflects the take-off, development and maturity of this industry, but also reflects great efforts made by the company and its partners. With a strong edge in technical expertise, localized operation mode in business and enthusiasm for entrepreneurship, the company quickly develops itself into a leading outsourcing service provider specialized in card-issuing data processing in China. As of the end of 2022, The system has issued 725 million cards for 235clients,More than 334 million of them are credit card. Every employee in CUP Data should be encouraged, proud and more importantly, motivated to achieve better performance.