Tag: VocaLink

February 26, 2016 BY Maria Nikolova

UK payments regulator PSR wants banks out of VocaLink payments system

The UK Payment Systems Regulator (PSR) has on Thursday published the provisional findings of its market review into the ownership and competitiveness of the infrastructure that supports the payments systems; Bacs, Faster Payments System (FPS) and LINK. The above-mentioned payment systems are currently owned by a relatively small number of banks, which also control the…

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