VocaLink

2007 press releases

December 2007 take home pay index press release
4 December 2007 – The VocaLink take home pay index reveals a decrease of 0.2% in the level of take home pay in November. The fall has been driven by the service sector which saw the sub-index decline from 3.7% in October to 3.3% in November

November 2007 take home pay index press release
The VocaLink take home pay index reveals a slight increase of 0.3% in the level of take home pay in October

VocaLink announces strategic partnership with Bankgirocentralen BGC AB
11 October 2007: VocaLink, the transaction specialist, and Bankgirocentralen BGC AB (BGC), the Swedish payment processor today announced plans to launch a strategic partnership.

October 2007 take home pay index press release
3 October 2007: The VocaLink take home pay index for September reveals a 0.5% slowdown in wage growth – the biggest month-on-month drop since May

VocaLink and Eiger Systems launch Corporate Access service for
Boston, 2 October 2007: VocaLink, the transaction specialist and Eiger Systems, an Experian company, today announce a partnership to provide a new Corporate Access service to banks and their major business customers across Europe

VocaLink adopts SWIFTNet access for euro services business for banks and their customers
Boston, 2 October 2007: VocaLink will operate a Market Infrastructure Closed User Group utilising SWIFTNet Bulk Payments for its Euro Services business

Five leading CSM’s announce interoperability ahead of SEPA
Boston, 1 October 2007: Equens, Iberpay, Seceti, Stet and VocaLink have announced at SIBOS that they have jointly agreed to establish interoperability for the exchange of SEPA payments

VocaLink announces adherence to SEPA Credit Transfer (SCT) compliance
Boston, 1 October 2007: VocaLink today announced that it has signed the disclosure letter to the European Payments Council (EPC) committing it to becoming a fully SEPA SCT Scheme compliant Clearing and Settlement Mechanism (CSM) as from 28 January 2008

Research shows SEPA reach still a problem for banks
Boston, 1 October 2007: New research sponsored by VocaLink, the transaction specialists, shows that many banks believe that reach will still be a challenge when the Single Euro Payment Area (SEPA) comes into effect in January

September 07 THPI press release
5 September 2007: The VocaLink take home pay index in August shows no increase on July’s figure. This, combined with the recent announcement that mortgage payments are taking a higher proportion of take home pay will have a negative impact on the housing market and consumer spending

August 07 THPI press release
1 August 2007: The VocaLink take home pay index shows that growth in take home pay has risen to 3.6 per cent in July from 3.3 per cent in June. Despite this second consecutive rise, wage growth has remained below the increase in the Retail Price Index for the previous nine months

July 07 THPI press release
4 July 2007: The VocaLink take home pay index shows that growth in take home pay has risen to 3.3 per cent in June from 3.0 per cent in May. This is the reversal of a trend which has seen a continued fall in the index since February 2007

Voca and LINK merge and launch pan-European clearing service
2 July 2007: Today marks the completion of the merger of two market leaders, Voca and LINK. The new company, VocaLink, will provide domestic and international transaction services to banks and corporates

June 07 THPI press release
6 June 2007: The Voca take home pay index shows that growth in take home pay fell further to 3.0 per cent in May from 3.6 per cent in April

May 07 THPI press release
8 May 2007: The Voca take home pay index shows that growth in take home pay eased to 3.6 per cent in April from 3.7 per cent in March

Voca and LINK get green light from OFT to merge
3 May 2007: The companies behind the Faster Payments initiative, Voca and LINK were today given formal approval by the Office of Fair Trading to merge. The new merged group will be known as VocaLINK

EBA CLEARING and Voca agree cooperation for SEPA reach
London, 19 April 2007: Voca, the provider of payments services to banks, and EBA CLEARING have agreed to sign a memorandum of understanding in view of creating connectivity to the STEP2 platform and offering banks serviced by Voca Europe-wide reach for SEPA transactions

April 07 THPI press release
3 April 2007: The Voca take home pay index shows that growth in take home pay eased to 3.7 per cent in March compared to 4.2 per cent in February

March 07 THPI press release
7 March 2007: The Voca take home pay index shows that growth in take home pay has risen to 4.2 per cent in February (January: 3.3 per cent)

Voca and LINK announce intention to merge
6 March 2007: Payment services companies Voca Ltd (“Voca”) and LINK Interchange Network Ltd (“LINK”) have announced an intention to merge to create VocaLINK Ltd (“VocaLINK”).

February 07 THPI press release
6 February 2007: The Voca take home pay index shows that growth in take home pay has increased to 3.3 per cent in January (December: 2.9 per cent).

January 07 THPI press release
5 January 2007: The Voca take home pay index1 shows that UK disposable incomes are being squeezed by slackening pay growth against a background of rising inflation

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