Lyddon 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
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 could face a EUR200bn EU bailout bill
if it fails to execute a clean, no deal Brexit are alarmist and unwarranted”.
We sent this response on 11th July […]
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 belt, so as to ensure that their
principle objective is achieved: to have the right amount of money in the right
place at the right time. Typical first […]
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 Select Committee of the House of Commons:
“This alarming report exposes the huge contingent
liabilities with which the UK will be saddled if we accept the negotiated
Withdrawal Agreement. […]
BBC candidate on track to become PM
Rory “Stokpot” Stewart, the BBC’s candidate to replace Theresa May as UK Prime Minister, stormed into the second round of the contest yesterday.
He established a decisive lead over Andrea Leadsom, Esther
McVey and A.N.Other, and now proceeds full steam ahead into Tuesday’s next
round.
“I’m a lot closer to becoming PM than I was yesterday or even the day before”, he stated.
A BBC […]
New entrants to the Foreign Exchange market impact the “Pips around the interbank rate” Key Performance Indicator
There
have been many new entrants – usually non-banks – into the foreign exchange
business whose value proposition is to reduce or eliminate the margin that
traditional banks add to or deduct from the interbank rate in order to
determine the rate quoted to the end-user client.
If the client
is an enterprise rather than a consumer, it should have a KPI about measuring
whether […]
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 Push Payment Fraud, or “APPF”.
This one concerns the “expectations”
and “standards” that firms should abide by, if they are signatories to the
code. Firms have to live up […]
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 Payment Fraud, or “APPF”.
It adds considerable
work for the customer and in doing so reduces the numbers who will be able to
make a successful claim.
With half […]
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 of Authorised Push Payment Fraud, or “APPF”.
In it we discuss how customers’ baseline rights in law are overlooked.
The CReM fails to adequately qualify what happens in […]
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 protection against
certain types of Authorised Push Payment Fraud, or “APPF”.
Here we focus on who qualifies for cover, who is offering cover, and the vague contingency of […]