Mastercard's Vocalink Fined $16 Million for UK Compliance Failure
The Bank of England has fined Mastercard-owned Vocalink $16.2 million for inadequate risk management.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.The penalty, announced Wednesday (July 9), relates to the failure ...