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 – […]
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 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 […]
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 […]
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 […]
Published on 21 November 2022
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 a cryptocurrency. This is the message today from the most senior person responsible for the stability […]
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 […]