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 ...

Mastercard's ( NYSE: MA) Vocalink network has been fined £11.9M ($16.2M) by the Bank of England after a string of oversight ...

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 Vocalink Ltd 11.9 million pounds for inadequate risk management and governance. Owned by Mastercard ...

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 announced on Wednesday that it has fined Mastercard-backed payment systems company Vocalink for £11.9m, ...

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

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 ...

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