27 February 2017
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Latest articles for Link Interchange Network

 

Mark Boleat appointed chairman of Link ATM network

16 February 2017  |  1866 views  |  0 Company announcement

LINK has today announced the appointment of Mark Boleat as the Chairman of Link Scheme Ltd, the company that operates the LINK ATM network.

 

Link rethinks business model as banks balk at ATM running costs

26 January 2017  |  4787 views  |  5 News

The UK's Link ATM network is rethinking its business model as banks seek to reduce the costs incurred by providing free ATM withdrawals across the national network of 70,000 cash machines.

 

CMA gives provisional nod to Mastercard remedies for VocaLink takeover

18 January 2017  |  4406 views  |  0 News

Mastercard has agreed to reduce the costs to the Link ATM network for switching infrastructure providers in order to head off competition concerns raised over its £700 million takeover of VocaLink.

 

Christmas brings record UK ATM cash withdrawal figures

06 January 2017  |  5218 views  |  2 News

The 23rd of December was an all-time record day for Link cash machine withdrawals in the UK as Brits scrambled to take out £730 million in the lead up to Christmas.

 

Watchdog questions Mastercard takeover of VocaLink

04 January 2017  |  14756 views  |  1 News

MasterCard's £700m acquisition of UK-based payment provider VocaLink has hit a snag after the Competition and Markets Authority (CMA) voiced concerns over the deal.

 

UK payments system operators publish guide to participation

15 December 2016  |  5074 views  |  0 Company announcement

The UK’s interbank Payments System Operators (PSOs) – Bacs Payment Schemes Limited (Bacs), CHAPS, Cheque and Credit Clearing Company, Faster Payments and LINK – have today published a new guide entitled, An Introduction to the UK’s Interbank Payment Schemes.

 

Record August bank holiday for ATM withdrawals

02 September 2016  |  3565 views  |  0 Company announcement

Link, the UK’s cash machine network, has reported today that 29 August was the busiest ever August bank holiday Monday in this country for ATM withdrawals.

 

Consumer use of cash slides as alternative payment methods take hold

01 August 2016  |  8165 views  |  2 News

UK consumer use of cash slipped below the 50% mark for the first time in 2015 as alternative payment methods eroded the dominance of notes and coins.

 

Link ATM network renews VocaLink processing deal

03 May 2016  |  1121 views  |  0 Company announcement

VocaLink, the international payment systems provider, today announces the signing of a five year deal to provide exclusive processing for the LINK ATM network.

 

Cashless society like a mirage in the desert

01 March 2016  |  10597 views  |  12 News

Proponents of the cashless society should look away now: New figures from the UK's Link ATM network reveal that consumer demand for cold hard cash shows no signs of abating.

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