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U.K. regulators said Monzo didn't properly vet new customers, while Vocalink was dinged for risk management lapses. Also, ...
For the first time, the Bank of England (BoE) is sanctioning a financial infrastructure firm for compliance failures.
The Bank of England (BoE) warned Wednesday that the global economy faces rising downside risks, citing escalating U.S. tariffs.
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's ( NYSE: MA) Vocalink network has been fined £11.9M ($16.2M) by the Bank of England after a string of oversight ...
Vocalink says it processes more than 90% of salaries, 70% of household bills, and 98% of state benefit payments in the UK.
British banks and building societies will be able to issue more potentially risky mortgages, the Bank of England said on Wednesday, as it sought to help the government's push to boost home ownership.
The authorities said they are investigating whether the nationalist, anti-immigrant party ran afoul of France’s campaign ...
Bank of England Deputy Governor Sarah Breeden said on Wednesday that international finance regulators should have a debate ...
It's not just about range! After driving both the Chevy Silverado EV and Ford F-150 Lightning, one owner reveals how Ford's build quality and practical frunk design make it the true workhorse of ...
A recently filed lawsuit filed alleges that a Las Vegas correctional officer used a racial slur and excessive force that led ...