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.

Crummy CReM code Part VIII and the low standards for firms to meet

March 17th, 2019|Comments Off on Crummy CReM code Part VIII and the low standards for firms to meet

Payment firm trying desperately to get under the CReM bar

This is the eighth and
final blog in our series on the Contingent Reimbursement Model code (“CReM”)
that purports to offer customers strong protection against certain types of
Authorised […]

Crummy CReM code Part VII and customers’ added responsibilities

March 15th, 2019|Comments Off on Crummy CReM code Part VII and customers’ added responsibilities

Customer shudders under CReM responsibilities

This is the seventh blog out of eight in our series on the Contingent Reimbursement Model code (“CReM”) that purports to offer customers strong protection against certain types of Authorised Push […]

Crummy CReM code Part VI as customers’ baseline rights are overridden

March 14th, 2019|Comments Off on Crummy CReM code Part VI as customers’ baseline rights are overridden

Watch as customers’ rights go up in flames

This is the sixth blog out of eight in our series on the Contingent Reimbursement Model code (“CReM”) that purports to offer customers strong protection against certain types […]

Crummy CReM code Part V – types of customer covered, firms offering cover and dependency upon Confirmation of Payee

March 13th, 2019|Comments Off on Crummy CReM code Part V – types of customer covered, firms offering cover and dependency upon Confirmation of Payee

Half of victims fall at the first fence in their attemt to get reimbursement

This is the
fifth blog out of eight in our series on the Contingent Reimbursement Model
code (“CReM”) that purports to offer customers strong […]

Crummy CReM code Part IV – ensuring that the mandatory data is validated at the beneficiary firm

March 12th, 2019|Comments Off on Crummy CReM code Part IV – ensuring that the mandatory data is validated at the beneficiary firm

This should not be beyond firms’ gift

This is the
fourth blog out of eight in our series on the Contingent Reimbursement Model
code (“CReM”) that purports to offer customers strong protection against
certain types of Authorised Push Payment […]

Crummy CReM code Part III – root cause of “wrong name” APPF and customer’s current legal protection

March 11th, 2019|Comments Off on Crummy CReM code Part III – root cause of “wrong name” APPF and customer’s current legal protection

Happy APPF’ing

This is the third
blog out of eight in our series on the Contingent Reimbursement Model code
(“CReM”) that purports to offer customers strong protection against certain
types of Authorised Push Payment Fraud, or “APPF”.

It doesn’t,
not least […]

Crummy CReM code Part II – bizarre choice of types of fraud it covers

March 10th, 2019|Comments Off on Crummy CReM code Part II – bizarre choice of types of fraud it covers

This is the
second blog out of eight in our series on the Contingent Reimbursement Model
code (“CReM”) that purports to offer customers (also known as Payment Service
Users or “PSUs”) strong protection against certain types of Authorised […]

Crummy CRM code offers no comfort to UK payment fraud victims – Part 1

March 8th, 2019|Comments Off on Crummy CRM code offers no comfort to UK payment fraud victims – Part 1

The UK’s
Payment Systems Regulator has announced the final version of the Contingent
Reimbursement Model code (“CReM”) with the usual fanfare. This is the code, a
year or more in the preparation, that purports to offer customers (also […]

The Fall of the House of Kiely – but not on O.Kiely or D.J.Rowan

February 28th, 2019|Comments Off on The Fall of the House of Kiely – but not on O.Kiely or D.J.Rowan

Kiely Rowan plc, the trading entity of the Orla Kiely fashion and design business, went into administration in October 2018 with over £7 million owing to third-parties. The assets – supposedly totalling over £8 million […]