Financial results: The Bancorp, Discover, Mastercard and PayPal

Several major payments companies have released Q2 earnings, including The Bancorp, Discover, Mastercard and PayPal. Overall, payments volume is on the rise and partnerships are proving particularly important for PayPal, which has been on tear with recent strategic announcements, writes Paybefore ( Banking Technology ‘s sister publication).

Source: Financial results: The Bancorp, Discover, Mastercard and PayPal

Visa expands with data centres in Singapore and UK

Visa is expanding its transaction-processing capabilities with two data centres in Singapore and the UK, reports Paybefore , Banking Technology ‘s sister publication. The new global processing hubs will “increase the speed, resilience and geo-diversity of Visa’s infrastructure, while strengthening the company’s ability to deliver new and more sophisticated ways to pay in today’s hyper-connected global economy,” Visa says. “With our technology investments in Asia and Europe, we’re scaling up our infrastructure to meet the explosive growth in digital and mobile payments, while maintaining the secure, convenient and always-on service that our clients and partners expect,” adds Rajat Taneja, executive vice-president of technology at Visa.

Quelle: Visa expands with data centres in Singapore and UK