Bacstel-IP
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Mega banking migration programme "a success"
News The company worked for three years - with UK banks and 25 approved software providers - to migrate its customers to its new IP-based payments channel, Bacstel-IP. And 87 per cent said... [15 May 2006]
Leader: Talk up your IT success stories
Leader The project to upgrade the infrastructure which makes sure we all get paid - the move to the Bacstel-IP system - looks to have gone smoothly and the team behind it should be proud of their work. Getting... [10 Jan 2006]
5,000 companies miss vital IT project deadline
News On 1 January the old payment system run by Voca was switched off and replaced with Bacstel-IP, which is designed to cope with a greater number of transactions. Mike Hutchinson,... [10 Jan 2006]
Banks face legacy IT skills gap crisis
News Voca is currently trying to move away from legacy systems with its Bacstel-IP programme. Lorries still cart magnetic tape around the city after a hard day's banking. Even in this age of high speed... [08 Nov 2005]
Voca obeys call for cheaper Euro payments
News The Bank of New York has just completed a migration to Voca's Bacstel-IP. Payment processing company Voca is to change the underbelly of its IT infrastructure in a bid to make European transactions cheaper. [12 Oct 2005]
Leader: Payment migration deadline looms
Leader But it seems there are 35,000 daredevil companies out there who are intent on cutting it even finer with their Bacstel-IP migrations than the laziest hack ever would with their articles. Journalists... [20 Sep 2005]
35,000 companies risk missing payment switchover deadline
News Mike Hutchinson, Bacstel-IP marketing manager, explained: "In replacing all the infrastructure, the first thing delivered was the interface for our customers into the business. Back in 2002, a deadline... [20 Sep 2005]
Bank of New York prepares for Bacstel-IP
Case Study The Bank of New York has completed its migration to Bacstel-IP, keen to take advantage of the greater security the new system offers. The bank started planning for... [15 Sep 2005]
New Year payroll crisis warning to UK employers
News But Bacs is warning of a potential payroll crisis because, with just over four months to the cut-off deadline, around 35 per cent of firms have not yet started the migration to Bacstel-IP. The new... [01 Aug 2005]
Quocirca's Straight Talking: Compliance time - again
Comment Coming up soon - the end of 2005 - UK businesses are faced with a deadline imposed by the banking industry for the rollout of BACSTEL-IP, a new delivery channel for electronic payments. However, the... [11 Mar 2005]
BACS rebrands for Europe
News The commercial part of BACS, which runs the technology infrastructure behind the clearing house, will now be known as Voca after undertaking a £75m technology renewal and modernisation programme that includes a new... [12 Oct 2004]
BACS' IT chief Nick Masterson-Jones
Comment Masterson-Jones warns the December 2005 deadline is firm but says migration of firms to Bacstel-IP is progressing satisfactorily. The new Bacstel-IP network replaces the... [14 Sep 2004]
