Oracle Teams with China UnionPay to Promote Secure Banking in China
By Meghan Fritz-Oracle on Jan 14, 2014
Oracle and China UnionPay will be working together to increase awareness and use of the Java Card platform in the Chinese financial market. UnionPay is a bankcard association established under the approval of the State Council and the People’s Bank of China (PBOC). UnionPay has become a central and pivotal part of China’s bankcard industry, and plays an essential role in industry development.
The collaboration between Oracle and China UnionPay will provide current Java Card licensees and new prospects with the confidence to develop and utilize Java Card–based applications. Oracle will help develop and test the Java Card platform for use in the Chinese banking system, while Oracle and China UnionPay will offer technical support and service on Java Card to help the effective use of the Java Card platform depending on the requirements of Chinese enterprises and banks.
The Java Card Platform provides an open, interoperable environment enabling the development and deployment of portable trusted identity services to individuals and personal devices, such as SIMs and Smart Cards. To date, over 12 billion Java Card units have been shipped.