‘Project Financial Crime’ at The Payments Association
Published on 20th March 2023
The Payments Association responded to our Open Letter of 2nd February 2023 about practices common amongst non-bank Payment Service Providers that enable financial crime.
You can DOWNLOAD THEIR RESPONSE HERE.
It amounts to a ‘nothing to see here’.
You will notice our response on page two, which is […]
FCA website section on eMIs and PI
Published on 20th March 2023
Here is the extraordinary letter issued by the Financial Conduct Authority on 16th March 2023 and addressed to the Chief Executives of nearly 300 non-bank Payment Service Providers.
These are Authorised eMoney Institutions, Authorised Payment Institutions, and some types of Open Banking providers.
It is a long […]
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 […]
Cover of ‘Strateic Working Group’ report
Published on 22nd February 2023
Two reports have recently been issued from within the UK’s Open Banking ecosystem about the future ‘roadmap’ for Open Banking, both based on the assumption that there is unanimity about Open Banking’s status now. Both reports claim a high degree of market penetration for Open Banking […]
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 – […]
From Global Britain website
Published on 31st January 2023
Global Britain has published a pamphlet written by Lyddon Consulting on how recent events have moved the Bank of England beyond any democratic control. The Bank’s ‘Britcoin’ project – for the introduction of a UK Central Bank Digital Currency – demonstrates the Bank of England independence – from […]
Published on 9th January 2023
Our recent research paper on Britcoin examined several of the failures in the 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/
The digital payments industry […]
Published on 8th January 2023
Our recent research paper on Britcoin examined several of the failures in the 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/
There has been much […]
Published on 7th January 2023
Our recent research paper on Britcoin examined several of the failures in the 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/
The new digital nirvana […]