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Database glitch delays salary payments
News The problem occurred when Voca's Bacs database suffered a glitch on Wednesday which caused it to slow down. UK payments association Apacs has guaranteed those affected - up to 400,000 people, or 1.6 per cent of today's Bacs payments - will receive... [30 Mar 2007]
Voca revs up payments engine
News The system, built by Voca for Bacs Payment Schemes and its 13 member banks, has been designed to speed up transaction clearing times and back-office processing. The system at the heart of the UK's automated payments infrastructure has been replaced... [25 Jul 2006]
CIO Jury: Do mobile technologies make us too connected?
News Another problem that is aggravated by greater mobile connectivity, according to Nick Masterson-Jones, IT director at payments body Voca (formerly Bacs), is getting people to "mentally disconnect" from work when they are travelling on holiday. [01 Jun 2006]
CIO Jury: 'Gas-guzzling' PCs pose IT power issues
News Environmental and climate issues will be the main drivers for this pressure to reduce energy consumption rather than cost alone, according to Nick Masterson-Jones, IT director at payments processor Voca (formerly Bacs). [17 May 2006]
Mega banking migration programme "a success"
News Earlier this year Bacs completed a project to migrate 100,000 customers over to a new payments system, which it now says was a "resounding success". Research by Bacs found that nine out of 10 of its users polled described the migration as an 'easy... [15 May 2006]
Carphone Warehouse to sell top-ups by text
News Digital Payments is a joint venture between card fraud analysis company Retail Decsions, payment processing company Voca (formerly known as Bacs) and Mi-Pay, a micropayments and mobile pre-pay company. [13 Mar 2006]
EC to quiz banks on payment plans
News Voca, formally known as Bacs, is working with BEA Systems, Oracle and Sun to replace mainframe computers to comply with the European policy. The European Commission is set to quiz banks on their progress at lowering the cost of cross-boarder... [14 Feb 2006]
OFT to probe cheque clearing
News Members include Bacs, the Bank of England and the Association of Payment and Clearing Systems. The Office of Fair Trading (OFT) is to scrutinise the way cheques are cleared as part of an investigation into whether faster transaction times are... [08 Nov 2005]
Voca jumps into council savings gambit
News Voca, formally known as Bacs, has teamed up with the Office of the Deputy Prime Minister (ODPM) and will work with councils to help them meet savings targets set last year. Payments organisation Voca is partnering with the government in a bid to... [21 Oct 2005]
Voca obeys call for cheaper Euro payments
News The firm, formally known as Bacs, is working with BEA Systems, Sun and Oracle to replace mainframe computers to comply with the European directive, the Single European Payments Area (Sepa) - aimed at driving down cross-border transaction costs by... [12 Oct 2005]
35,000 companies risk missing payment switchover deadline
News The Bacs system that companies use to process such payments is being upgraded, with the existing system to be switched off at the end of the year. Voca (formerly Bacs), which runs the system, wants to move its customers over to a new communications... [20 Sep 2005]
e-payments could kill off the cheque by 2025
News Businesses' cheque use in particular has plummeted, as firms now almost exclusively prefer to pay their employees using electronic transfer systems such as Bacs. Cheques could soon be the financial world's equivalent of the penny-farthing, as debit... [15 Aug 2005]
CIO Jury: Is 'business speak' damaging the IT profession?
News Nick Masterson-Jones, IT programmes director, Voca (formerly Bacs) The increasing focus on business rather than technology is vital for future IT professionals, according to leading CIOs. CIOs were accused this week by JP Rangaswami, CIO at... [10 Aug 2005]
New Year payroll crisis warning to UK employers
News Over 90 per cent of UK salaries and an increasing proportion of government social security benefits are paid automatically into bank accounts through the Bacs clearing house, which is switching over to a new IP-based system from 1 January 2006. [01 Aug 2005]
Royal Bank of Scotland takes lead with ID management
News The Royal Bank of Scotland is to provide digital certificates to 40,000 businesses connected to BACS, the UK payment and clearing organisation. The IT security services arm of the bank, TrustAssured, is selling Eident certificates as part of an... [28 Jun 2005]
