See the press release here to discover that the newly formed company, VocaLink, will provide domestic and international transaction services to banks and corporates. And at the same time, VocaLink is launching Europe’s first independent pan-European payment service (€CSM partnership) in partnership with 10 banks from across Europe.
In addition to core transaction processing services, banks may benefit from the development of new transaction services that include Corporate Access services, Direct Debit Mandate management, Payment Exceptions management, AML and OFAC compliance as well as non-SEPA payment processing.
So there's another move on the processing side.....
