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.

Latest posts

Brexit Withdrawal Agreement gives the EU ample scope to continue to spend on the UK’s credit card

January 17th, 2019|Comments Off on Brexit Withdrawal Agreement gives the EU ample scope to continue to spend on the UK’s credit card

The Daily Express issued a “shock horror” story on 30th December that the EU was in financial meltdown over the loss of the UK’s budget contributions.

This seems overstated.

They have no need to worry for a little while if they get their €40 billion “divorce settlement” – which will be used to cover normal expenditure and not the items that it was […]

EU Open Banking rules could backfire for Cash Management Sweeps

January 12th, 2019|Comments Off on EU Open Banking rules could backfire for Cash Management Sweeps

The EU’s second Payment Services Directive, with live date January 2018, has had as a main objective to foster the emergence of non-bank intermediaries called Third Party Providers or “TPPs”.

The purposes of a TPP’s offering would be to:

Create a single view for the customer of the balances on payment accounts at whatever institution in the EU/EEA the accounts were held […]

Marketplace volatility requires reviews of Key Performance Indicators of Liquidity Management

January 6th, 2019|Comments Off on Marketplace volatility requires reviews of Key Performance Indicators of Liquidity Management

Financial markets have been seeing increased volatility lately, and one does not have to look as far as Bitcoin to see it:

Seasoned corporate bonds have suffered an extended rout;
Financial regulators have raised concerns about “zombie” companies – those that can just afford their debt service at very low rates of interest, but who will default as interest rates rise, […]

Banks club together to apply IT solutions to Trade Finance issues

December 28th, 2018|Comments Off on Banks club together to apply IT solutions to Trade Finance issues

There is a lot of movement in the Trade Finance space around moving the business into the digital era. This blog is an overview of the most significant moving parts.

We have the International Chamber of Commerce process, in which a very large number of banks are involved. The ICC Banking Commission most recently met in October in Tblisi in Georgia, to […]

Phase 2 of Project Carlton on UK payments landscape: submerged by paper mountain

December 11th, 2018|Comments Off on Phase 2 of Project Carlton on UK payments landscape: submerged by paper mountain

The last update we gave was that the sponsor of Project Carlton had signed off on the initial research and endorsed its sharing for validation with five or six interested parties.

We did that, got very favourable responses, and have then:

presented aspects of the research at industry events;
used the research as a basis for a submission to the Treasury Select […]

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 in material spillovers to the euro area and the UK” .

In its more detailed comments the Bank noted that Italian Non-performing loans (NPLs) account for a […]

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 Brexit for short) unless a majority of house prefects vote for her school development plan at the next full morning prayers, scheduled for December 12th.

The […]

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 be. On 10th October 2018 it changed its name to NPSO Ltd, NPSO being short for New Payment System Operator.

There already was an NPSO Ltd – […]

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 Payments Area as well.

The basic concept is that an invoice for regular utility supplies – like water, gas, electricity, phone – is not collected via Direct […]

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