Mastercard’s Vocalink Fined $16 Million for UK Compliance Failure

Mastercard’s Vocalink Fined $16 Million for UK Compliance Failure

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The Bank of England has fined Mastercard-owned Vocalink $16.2 million for inadequate risk management. [contact-form-7] The penalty, announced Wednesday (July 9), relates to the failure of the company — which provides real-time payments in the U.K. — to comply with governance weaknesses…

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