righthand-image-holderLyddon Consulting Services Limited

We are a blue-chip specialist consultancy in international banking, focusing on matters related to the core domain of Payments and Cash Management. That leads to market change aspects such as the Euro, how to implement a change of currency, Single Euro Payments Area, and new services such as Bank Payment Obligation, and SWIFT for Corporates.

It also leads into the regulatory domain and measures such as Payment Services Directive, Anti-Money Laundering Directives, and regulations around cards, mobile, eMoney and mandatory information in funds transfers.

At Lyddon Consulting you will find find both methodologies and training packages to meet your needs and support your change programmes.

Bank of England fears for UK financial stability in the face of the Italian banking crisis. Unicredit needs €35 billion more capital

December 7th, 2018|Comments Off on Bank of England fears for UK financial stability in the face of the Italian banking crisis. Unicredit needs €35 billion more capital

The Bank of England recently woke up and issued its Financial Stability Report and Stress Test results – November 2018. In it the Bank warned that a “further deterioration in Italy’s financial outlook could result […]

UK headmistress threatens to close tuck shop

December 1st, 2018|Comments Off on UK headmistress threatens to close tuck shop

The UK’s headmistress, Theresa May, has issued a chilling warning to the 650 members of her House of Prefects – she will close off access to the Brougham Exit from the school grounds (known as […]

The curious incident of company No. 11536954 – Pay.uk Limited, founded 3 months ago

November 26th, 2018|Comments Off on The curious incident of company No. 11536954 – Pay.uk Limited, founded 3 months ago

Pay.uk Ltd was founded three months ago (on 25th August 2018) as a company limited by guarantee no. 11536594 and registered to 2 Thomas More Square, London. Is that a surprise to you? It might […]

Request to Pay: challenges for the Treasurers of Creditors, but bonanza for the Treasurers of Debtors

November 20th, 2018|Comments Off on Request to Pay: challenges for the Treasurers of Creditors, but bonanza for the Treasurers of Debtors

“Request to Pay” or “RtP” is a new service planned for the UK by Pay.uk (formerly known as New Payment System Operator), and is likely to be adopted in some form within the Single Euro […]

EUObserver publishes our article “US steps in to clean up Cyprus”

November 19th, 2018|Comments Off on EUObserver publishes our article “US steps in to clean up Cyprus”

The EUObserver published an abridged version of our article that appeared earlier in “Lawyer Monthly”, about how the USA has had to apply mounting pressure on Cyprus to interdict the operation of the “Cyprus business […]

Our response to the PSR consultation on their Contingent Reimbursement Model draft code, aimed at Authorised Push Payments Fraud

November 16th, 2018|Comments Off on Our response to the PSR consultation on their Contingent Reimbursement Model draft code, aimed at Authorised Push Payments Fraud

We have sent a response to the Payment Systems Regulator on their consultation regarding the Contingent Reimbursement Model draft code.

This is about reimbursing victims of Authorised Push Payments Fraud – or not.

You can download our […]

Presentation to Vendorcom Special Interest Group on Faster Payments about Authorised Push Payments Fraud

November 14th, 2018|Comments Off on Presentation to Vendorcom Special Interest Group on Faster Payments about Authorised Push Payments Fraud

We made a presentation on 8th November to Vendorcom’s Special Interest Group on Faster Payments about the vulnerability that fraudsters exploit in the Faster Payments system which enables Authorised Push Payments Fraud, and how none […]

Presentation to London Association of Foreign Banks Operations conference on Payment Services Directive 2

November 12th, 2018|Comments Off on Presentation to London Association of Foreign Banks Operations conference on Payment Services Directive 2

We made a presentation on 8th November 2018 to the Operations conference of the London Association of Foreign Banks on PSD2, focusing on:

Conduct-of-Business rules
eBanking security, the EBA Regulatory Technical Standards, the interconnection with […]

What we learned about Pay.uk’s Confirmation of Payee service

October 30th, 2018|Comments Off on What we learned about Pay.uk’s Confirmation of Payee service

On 18th October 2018 Pay.uk – the re-branded New Payment System Operator – held a launch event and distributed brochures about their new service called Confirmation of Payee, or CoP. We have previously labelled Pay.uk’s […]