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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 ...
This is the first time the Bank has fined a financial market infrastructure firm. The Bank of England has fined Vocalink ...
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 ...
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 ...
Why Mastercard wants VocaLink. Mastercard believes the addition of VocaLink will help it become a full-service payments network, one which allows the company to approach any bank or merchant with ...
One of the more forward thinking financial executives I have met is Ranu Sharma, the head of international operations and technology finance at Vocalink, a MasterCard company. In addition to the ...
Mastercard's ( NYSE: MA) Vocalink network has been fined £11.9M ($16.2M) by the Bank of England after a string of oversight ...
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