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

This is the first time the Bank has fined a financial market infrastructure firm. The Bank of England has fined Vocalink ...

Mastercard-owned Vocalink has been fined $16.2 million by the Bank of England for failing to meet compliance requirements.

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

For the first time, the Bank of England (BoE) is sanctioning a financial infrastructure firm for compliance failures.

The Bank of England has fined Vocalink Limited £11,900,000 in respect of a compliance failure under section 196 of the Banking Act 2009 (the “Act”). This is the first time the Bank has fined a ...

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 has hit UK payments operator Vocalink with an £11.9 million fine after it missed a deadline to fix ...

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

A Mastercard-owned company behind UK payments, including salaries, has been fined £11.9 million by the Bank of England for ...

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