Mastercard is reportedly considering a sale of its U.K. retail payments business Vocalink. That’s according to a report Monday (July 13) from the Financial Times (FT), which says this move comes as Mastercard fields concerns about a “strategically critical” asset being under American ownership. These...
The Bank of England has fined Mastercard-owned Vocalink $16.2 million for inadequate risk management. 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 identified by the central...
This week’s round-up of the latest innovations in payment rails for B2B payments shows a key focus on real-time transactions and embrace of emerging, faster payment rails. That includes advancements in Canada’s upcoming Real-Time Rail, as well as adoption by Transcard of Mastercard’s Track Business...
In today’s top payments news around the world, Visa is rolling out a new program meant to link European financial institutions (FIs) and merchants with cutting-edge digital payment offerings, Payments Canada is teaming with Mastercard’s Vocalink to advance a new Real-Time Rail (RTR) payment system....
October 07, 2019
The good news for customers — and the challenge for financial services players, both established and emerging as the decade comes to a close — is that when it comes to payments, this is the era of customer choice. Walking around at the Sibos conference in London last week, Vocalink CEO Gregor Dobbie said the […]
December 14, 2018
Whoa, mule. Pay.UK’s Faster Payments team said this week that it is deploying technology powered by Mastercard’s Vocalink, which uses machine learning and other advanced technologies to help banks identify...
December 06, 2018
Forty countries: That’s how many places either have real-time payments programs in progress or live. That’s progress. Yet, there is more work to be done. In the latest edition of...
October 02, 2018
Halloween comes early this year as we delve into a slew of grisly facts about financial crime in our latest Data Drivers. Losses amount to $1.4 trillion? While 41 percent of...
July 13, 2026
Mastercard is reportedly considering a sale of its U.K. retail payments business Vocalink. That’s according to a report Monday (July 13) from the Financial Times (FT), which says this move comes as Mastercard fields concerns about a “strategically critical” asset being under American ownership. These discussions, the report added, come at a pivotal moment for […]
July 09, 2025
The Bank of England has fined Mastercard-owned Vocalink $16.2 million for inadequate risk management. The penalty, announced Wednesday (July 9), relates to the failure of the company — which provides...
November 12, 2020
Payments Canada is teaming up with Mastercard’s Vocalink for clearing and settlement for the country’s new real-time payments system, the Real-Time Rail (RTR). Delegated by the Canadian Government, Payments Canada...
October 25, 2019
Mastercard-owned Vocalink has contracted with LINK through 2031 to continue offering ATM switching and settlement services to roughly 60,000 ATMs in the U.K., Mastercard announced on Friday (Oct. 25). An...