Link Interchange Network

69 results about this entity

Period: 13 Dec 2004 - 05 Dec 2023

/retail

Link recommends 100th UK location to receive a Banking Hub

LINK, the UK’s cash access and ATM network, has today confirmed that Richmond in North Yorkshire is to receive a Banking Hub following the announcement that the town’s final branch is set to close.

/retail

UK to roll out more shared banking hubs

Nine new shared banking hubs are to be opened across the UK as the country's high street lenders push ahead with further branch closure programmes.

/retail

Major UK banks to roll out shared banking hubs

Major UK banks have agreed to create a network of shared banking hubs to ensure communities have fair access to cash.

/payments

No fee-no purchase retailer cashback scheme to roll out across UK

Following a successful 12-month pilot, Link, the UK’s largest cash machine network, is rolling out Cashback Without Purchase across the UK, enabling consumers to withdraw any amount up to £50 at small high street shops and retailers.

/payments

PSR issues new access to cash directive to Link

Link's mission to ensure free and easy access to cash as the UK's primary cash machine network operator will remain under the purview of the Payment Systems Regulator, following a positive review of its performance by the watchdog.

/payments

UK cash machine withdrawals drop by over a third in 2020

Successive Coronavirus lockdowns led to a 37% drop in UK ATM withdrawals in 2020, according to figures published by cash machine network Link.

/payments

MPs warn of danger to cash as ATM withdrawals plummet

MPs from across the House of Commons have called on the Chancellor to act now to protect the UK cash infrastructure from imminent collapse, as people shun ATMs due to the Covid-19 outbreak.

/payments

UK cash withdrawals plummet 60% during Covid-19 lockdown

The Covid-19 pandemic is radically changing cash usage in the UK, with ATM withdrawals falling 60% during the lockdown and three quarters of Brits reporting that their use of paper money is down.

/payments

Cash usage in Britain drops by half

Cash usage in Britain has halved in just a few days following the Government's imposition of a nationwide lock-down on freedom of movement.

Link fields 100 applications for Cash Delivery Fund

A month after setting up an access to cash fund, the UK's Link ATM network says it has received more than 100 requests for the installation of free-to-use cash machines by local communities.

Vocalink wins Link ATM deal

Vocalink has retained its role as technology provider to the UK's Link ATM network, beating off competition from four alternative suppliers for a five to 10-year contract for the provision of ATM switching and settlement services.

Link sets up ATM delivery fund

UK ATM network Link has set up a £1 million fund from which cash-starved communities can draw in order to install a free cash machine.

/inclusion

Link vows to protect free access to cash on every UK high street

UK ATM network Link has promised to ensure that every high street in the country will have free access to a cash machine.

Link data highlights inexorable decline in cash usage

New data from the UK's Link ATM network shows an ongoing decline in the use of cash machines for withdrawing money and checking balances, as contactless cards and mobile banking services take hold.

/payments

Access to cash system on verge of collapse warns report

UK banks and regulators are being urged to act to prevent the country from "sleepwalking" into a cashless society, in a hard-hitting report prepared by former financial ombudsman Natalie Ceeney.

Regulator to crack down on ATM closures

The UK's Payment Systems Regulator is promising to take action to protect the availability of free-to-use cash machines across the country after the publication of new figures by network operator Link which show more than 250 machines a month disappearing from the high street.

Link revises ATM fee plans as usage falls

ATM network operator Link has pulled back from a plan for a progressive ramping up of interchange fees after outrage from consumer groups over an apparent acceleration in ATM closures across the UK.

Cash machine fee row heats up

Consumer champion Which? is calling for regulatory intervention to halt the closure of cash machines across the UK as banks and convenience stores re-assess the commercial viability of their networks under a new charging model which takes effect next week.

Link maps out interchange reduction plans

UK ATM network operator Link is to introduce a phased reduction in interchange fees paid by banks in a move that could see tens of thousands of cash machines disappear from the high street.

Link goes out to tender for infrastructure rebuild

The UK's Link ATM network is inviting Expressions of Interest for a 5-10 year contract to provide ATM switching and settlement services, the first time the contract has gone to competitive tender.