YouGov surveys commissioned for ‘Britcoin’ Digital Pound project

Published on 9th March 2023

We have analysed the two YouGov surveys issued by the Bank of England and HM Treasury in connection with the public consultation on ‘Britcoin’: the plans for a UK Central Bank Digital Currency.

There is one survey for Small and Medium-Sized Enterprises, and one for Consumers.

They both consistently over-egg the current take-up […]

Open letter to Project Financial Crime c/o The Payments Association

Published on 2nd February 2023

Fintech has been lionized by the government and financial authorities as a dynamic new sector of the UK economy, bringing new offerings and competition: next stop is cryptocurrency, the enabling legislation for which is going through Parliament.

The sector is ostensibly very concerned about financial crime, and its main trade body – […]

Failures of Fintech – Open Banking and Authorised Push Payment Fraud

Published on 3rd January 2023

Our recent research paper on Britcoin examined several of the failures in the Fintech digital payments industry that have gone unresolved.

The paper is entitled ‘CAPTURE – BigTech and Digital Payment Giants dominate the committees evaluating the replacement of physical cash with ‘Britcoin’ – a UK ‘Central Bank Digital Currency’’.You can find a click-through to the full paper here:http://www.lyddonconsulting.com/capture-a-major-new-paper-on-the-committees-considering-a-uk-central-bank-digital-currency/

A major Fintech […]

FTX could be ‘game over’ for Central Bank Digital Currency, and for other dominos: Fintech, Open Banking, the Great Re-set et al

As first published by IREF on www.irefeurope.org as an Online Article on 23rd November 2022:

Published on 2 December 2022

Introduction

Up until recently the proponents of the cluster of financial developments around the Great Re-Set, Decentralized Finance, Central Bank Digital Currency, Financial Inclusion, Fintech, Open Banking et al have had things very much their own way: forming […]

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

Published on 7 November 2022

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’ thus far has left an amount of damaging debris on the road behind it: Authorized Push […]

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

Published on 6 October 2022

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 by a merchant to its appointed merchant acquirer. The all-in costs include the deductions-from-face-value, which the […]

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

Blog published on 18 August 2022 based on an article published on www.facts4eu.org on 12 August 2022

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 it has been in the creation since the Global Financial Crisis […]