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.

Netting and pooling – not the same thing (unless you are the European Central Bank)

August 27th, 2019|Comments Off on Netting and pooling – not the same thing (unless you are the European Central Bank)

Many
multinational corporates have a pooling arrangement for the cash balances owned
by their various subsidiaries. For example this could be with Bank Mendes Gans
in Amsterdam, under Dutch law, with every subsidiary holding as […]

iPagoo’s insolvency puts question mark against NPA

August 22nd, 2019|Comments Off on iPagoo’s insolvency puts question mark against NPA

FT story of iPagoo’s freezing by the FCA

We have recently blogged about NPA and Pay.UK’s loose governance procedures generally, but we need to focus in on the case of IPagoo/Orwell, and its implications for New […]

Pay.UK governance: ongoing indications of a fiasco

August 13th, 2019|Comments Off on Pay.UK governance: ongoing indications of a fiasco

Having taken a break from following the governance of Pay.UK
for a while, a quick skim underlines the prevailing chaos. We have already
written about the ditching of a key feature of ISO20022 XML and the broken
governance […]

Pay.UK Board ditches main benefit of ISO20022 adoption

August 8th, 2019|Comments Off on Pay.UK Board ditches main benefit of ISO20022 adoption

Pay.UK was set up to deliver a New Payments Architecture
(“NPA”) for the UK, implementing the blueprint that was passed to them by the
Payment Strategy Forum.

NPA would be based on the usage of the ISO20022 XML […]

Can SWIFT’s Global Payment Initiative (“gpi”) help with KPIs on timing and cost of cross-border payments?

August 5th, 2019|Comments Off on Can SWIFT’s Global Payment Initiative (“gpi”) help with KPIs on timing and cost of cross-border payments?

On the face
of it, SWIFT’s Global Payment Initiative, or “gpi”, should make a major
contribution to monitoring the cost and time expended on cross-border payments.

SWIFT
claims that US$40 trillion of payments were sent over […]

How to avoid credit losses on Open Account trade

July 30th, 2019|Comments Off on How to avoid credit losses on Open Account trade

There have been several major bankruptcies in the UK recently in which ordinary, unsecured creditors have taken a major loss. These are creditors who have delivered supplies on Open Account. As soon […]

Daily Telegraph declines to print response to their critique of our Global Britain paper – but the evidence keeps mounting up

July 16th, 2019|Comments Off on Daily Telegraph declines to print response to their critique of our Global Britain paper – but the evidence keeps mounting up

Jeremy Warner published an article in the Daily Telegraph on 9th July, taking issue with our Global Britain paper “Why the Eurozone’s fate makes an immediate Brexit vital”.

The title of
Jeremy’s article was “Claims that Britain […]

Usefulness of faster payment schemes for Cash Management in an economic recession

July 4th, 2019|Comments Off on Usefulness of faster payment schemes for Cash Management in an economic recession

First published by AccountingCPD.net

There
appears to be a consensus that the world economy, and particularly parts of the
Eurozone, are slowing down or even already in recession. For Cash Managers this
is always the signal for tightening the […]

How huge financial liabilities require a quick, clean Brexit

June 28th, 2019|Comments Off on How huge financial liabilities require a quick, clean Brexit

We have had a paper published today through the Global Britan think tank about the fate of the Eurozone.

It has been endorsed by Steve Baker MP, the former Brexit minister who sits on the Treasury […]