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The Bank of England has imposed a fine of £11.9m against Vocalink for failing to comply with a regulatory direction to ...
The Bank of England said on Wednesday it had fined payment systems firm Vocalink Ltd 11.9 million pounds ($16.19 million) for ...
U.K. regulators said Monzo didn't properly vet new customers, while Vocalink was dinged for risk management lapses. Also, ...
Vocalink says it processes more than 90% of salaries, 70% of household bills, and 98% of state benefit payments in the UK.
The Bank of England fined Mastercard's Vocalink 11.9 million pounds ($16.2 million) for risk management and governance failures, the first time it has fined a financial market infrastructure firm. The ...
A Mastercard subsidiary has been slapped with a £11.9m fine by the Bank of England after failing to respond to regulatory ...
The Bank of England fined Vocalink Ltd 11.9 million pounds for inadequate risk management and governance. Owned by Mastercard ...
The Bank of England announced on Wednesday that it has fined Mastercard-backed payment systems company Vocalink for £11.9m, ...
Vocalink Limited, a payment systems firm owned by Mastercard, was fined 11.9 million pounds by the Bank of England for inadequate risk management and governance. The fine was reduced from 20 million ...
Mastercard's ( NYSE: MA) Vocalink network has been fined £11.9M ($16.2M) by the Bank of England after a string of oversight ...
The Bank of England fined Mastercard's Vocalink 11.9 million pounds ($16.2 million) for risk management and governance failures, the first time it has fined a financial market infrastructure firm ...
Owned by U.S. payment processor Mastercard , opens new tab, Vocalink designs, builds and operates bank account-based payment systems in Britain, processing over 90% of salaries, more than 70% of ...