UnionPay is a Chinese financial services corporation that operates a global payment network called UnionPay Network. It was established in 2002 and is now one of the world’s largest payment card issuers, competing with international networks like Visa and Mastercard.
The Puerto Rico International Financial Entity is designed to engage in a wide range of financial activities on an international scale, including banking, investment, asset management, and other financial services.
A regulatory sandbox is a controlled environment or framework created by regulatory authorities to allow fintech companies to test and experiment with new products, services, or business models in a supervised and flexible manner.
Blockrunner, LLC., is a financial services match-making marketplace and consulting company. We are not a bank, FI/NBFI, Payment Service Provider, deposit taking institution, trust, or money services business of any kind. We are not regulated by any financial regulator. Banking, Payment, Processing, and Licensing services are provided by our participating members. This website is for informational purposes only and does not constitute legal advice. If you need legal advice, please consult a licensed attorney in your jurisdiction.