righthand-image-holderLyddon Consulting

Lyddon Consulting is the trading-as identity of Bob Lyddon, a specialist consultant in international banking. Up until March 2022 the business was run through a limited liability company. Bob’s focus is Payments and Cash Management. That leads on to market change aspects such as the Euro, Single Euro Payments Area, FinTechs, ISO20022 XML and new payment mechanisms.

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.

Commercial banks do not create money

November 28th, 2022|Comments Off on Commercial banks do not create money

Our refutation of a commonly-held misconception that commercial banks create the money with which to make a loan. It was drafted to advise a UK Member of Parliament in March 2022. You can download it here

FTX shines a light on crypto people – do we want them replacing our UK cash with their digital currency?

November 21st, 2022|Comments Off on FTX shines a light on crypto people – do we want them replacing our UK cash with their digital currency?

Sir Jon Cunliffe, Deputy Governor of Financial Stability, Bank of England, sees no contradiction between the rampant instability on Planet Cryptocurrency and the Bank’s plans to replace our cash with its own UK version of […]

‘CAPTURE’ – a major new paper on the committees considering a UK Central Bank Digital Currency

November 7th, 2022|Comments Off on ‘CAPTURE’ – a major new paper on the committees considering a UK Central Bank Digital Currency

UK payments have, over the last ten years, become increasingly digital and become the domain of a technocratic elite, working in tandem with Big Tech and the major payment card brands.

The UK’s ‘digital payments journey’ […]

‘Liability Driven Investment’ explained: the first bailout of the new Global Financial Crisis

November 2nd, 2022|Comments Off on ‘Liability Driven Investment’ explained: the first bailout of the new Global Financial Crisis

First published as an IREF online article on irefeurope.org

‘Liability Driven Investment’ or ‘LDI’ is both a nonsense and a truism, and is now a byword for a disaster in the UK financial system.

Here is what […]

ISO20022 – The Great Leap Sideways

October 13th, 2022|Comments Off on ISO20022 – The Great Leap Sideways

The payment industry’s migration to the ISO20022 XML data format promises much, or rather the list of promises is long and the same as it has been for a long time, and is very promising: […]

The Payment Systems Regulator’s PS22/2 Card-acquiring market remedies: final decision = surrender

October 6th, 2022|Comments Off on The Payment Systems Regulator’s PS22/2 Card-acquiring market remedies: final decision = surrender

On 6th October 2022 the PSR published its Final Decisions on its major and multi-year ‘work’ on the costs of accepting card payments for merchants. Costs, in this case, focuses on the service fees paid […]

Apparatus for UK’s financial management is dead in the water

August 18th, 2022|Comments Off on Apparatus for UK’s financial management is dead in the water

A major change in the financial management of the UK is needed. The current upsurge in inflation may have been triggered by energy prices, but the seedbed for […]

European Central Bank’s gaslighting defies EU energy shortage

August 18th, 2022|Comments Off on European Central Bank’s gaslighting defies EU energy shortage

IREF headline

The press releases following the meeting of the ECB Governing Council (GC) on Thursday 22 July 2022 are masterpieces of uninformation in which the […]

Eurozone in meltdown and collapse could cost the UK £200 million – despite Brexit

August 18th, 2022|Comments Off on Eurozone in meltdown and collapse could cost the UK £200 million – despite Brexit

Red alerts are flashing all over the Whitehall radar screen. The Prime Minister has been deposed and the country is leaderless for the summer. Living standards […]