India’s Tata Consultancy Services reportedly in the race to run UK’s Faster Payments service
The potential move would see TCS replace Mastercard’s Vocalink as the service’s technology partner.
The potential move would see TCS replace Mastercard’s Vocalink as the service’s technology partner.
RTR marks a big step in modernising Canada’s payments system.
Vocalink emerges winner of competitive bid process.
A weekly round-up of the industry’s top stories.
87% of over 75’s still don’t use banking apps.
Vocalink partners with Saudi Payments for market-first development.
Over 90% of UK current accounts are now covered by the new Mule Insights Tactical Solution (MITS).
Teams with Cámara de Compensación Electrónica for real-time upgrade.
How to mitigate real-time payment risk and successfully defeat network-level fraud.
Bank bolsters defences for detection of invoice fraud.
Featuring Vocalink, Shieldpay, Huawei, UnionPay, Pelican, PaymentComponents, Infosistema and Banco BAI Europa.
U.K. challenger bank Starling is staying busy with the launch of its real-time mobile offering, Starling Payment Services. The new division of the bank will offer sponsorship access to the U.K.’s major payment schemes, enabling other banks, payment service providers and fintech companies to use real-time payments from the summer.
The U.K.’s Competition and Markets Authority gave its blessing April 11, enabling Mastercard to complete its acquisition of 92.4 percent of VocaLink Holdings for $920 million. The deal, which is expected to close within weeks, gives Mastercard control of a large portion of the U.K. transaction processing market.
Barclaycard is partnering with VocaLink to enable its merchants to accept mobile payments through the Pay by Bank app. The app, created by VocaLink’s payment innovation team Zapp, will enable shoppers to pay for goods and services on a mobile device, without the need to enter credit or debit card details, according to Paybefore sister publication Banking Technology.