The Bank of England has imposed a fine of £11.9m against Vocalink for failing to comply with a regulatory direction to ...

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. The ...

Vocalink says it processes more than 90% of salaries, 70% of household bills, and 98% of state benefit payments in the UK.

U.K. regulators said Monzo didn't properly vet new customers, while Vocalink was dinged for risk management lapses. Also, ...

The Bank of England said on Wednesday it had fined payment systems firm Vocalink Ltd 11.9 million pounds ($16.19 million) for ...

The Bank of England fined Vocalink Ltd 11.9 million pounds for inadequate risk management and governance. Owned by Mastercard ...

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 ...

UK Bank of England fines Mastercard’s Vocalink £11.9m over compliance failures Vocalink says it processes more than 90% of salaries, 70% of household bills, and 98% of state benefit payments in ...

A Mastercard-owned company behind part of the UK’s payments system has been fined £11.9 million by the Bank of England for failing to comply with its requirements. Vocalink fell short of its ...