Bank of England fines MasterCard’s Vocalink £11.9mn for risk management failings
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Bank of England has imposed an £11.9mn fine on Vocalink, an offshoot of Mastercard that operates a key part of UK payments infrastructure, over its “ineffective risk management framework” and weaknesses in internal controls … Read more