Vocalink Fined by Bank of England for Governance Failures ...Middle East

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Vocalink Fined by Bank of England for Governance Failures
source : Devdiscourse ( Middle East ) () 49
The Bank of England has imposed an 11.9 million pound fine on payment systems firm Vocalink Ltd for failing to maintain adequate risk management and governance standards. The company, owned by U.S. payment giant Mastercard, plays a critical role in processing bank account-based payment systems across Britain.

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