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Bob Lyddon

Bob Lyddon Consultant at Lyddon Consulting Services

UK NPA Blueprint, NPSO, PSF, UK Finance - a nuclear malfunction of governance and process

The Chair, CEO and initial board of the New Payment System Operator company have been announced, this “NPSO” being the organisation that will receive the tablets-of-stone of the UK Payment Strategy from the Payment Strategy Forum in December: the Blueprint for the New Payments Architecture or “NPA”. Seven individuals are named: Four of “the great...

/payments Payments strategies 2015-2020-2030

Bob Lyddon

Bob Lyddon Consultant at Lyddon Consulting Services

PSD2 compliance for leg-out payments difficilitated by the virtual elimination of Cover payments

Banks in the EU/EEA will be obliged – as from January 2018 – to quote all-in prices to their customers for: payments going to or coming from outside the EU/EEA, in any currency; and payments with both endpoints in the EU/EEA but where the currency is a non-EU/EEA one like USD or JPY, and where correspondents in the respective currency centres will...

/payments /regulation SEPA and European Payments

Bob Lyddon

Bob Lyddon Consultant at Lyddon Consulting Services

Banco Popular Espanol: new EU bank supervisory system threatens to unravel

In June Banco Popular Espanol (“BPE”) was sold to Santander for €1, with Santander taking over all the assets and senior liabilities of BPE. Crucially BPE depositors with over €100,000 in their accounts were not bailed-in – they did not have the excess converted into “capital-like instruments” in the recovering/resolved bank. The holders of share ...

/wholesale Financial Services Regulation

Bob Lyddon

Bob Lyddon Consultant at Lyddon Consulting Services

EMV compliance is the core of the SEPA Cards Framework

Why is there a debate about this? The SEPA Cards Framework v1.0 was accepted on 21st September 2005 by the industry.

Bob Lyddon

Bob Lyddon Consultant at Lyddon Consulting Services

Stakeholder Management and Communication

Stakeholder Management and Communication are two areas where the SEPA programme has been particularly weak. The payment schemes were not developed "by banks in close dialogue with customers" as the EPC claims; one of the main complaints of the other stakeholders is that the EPC developed the schemes in isolation from the users; users wer...

/payments

Bob Lyddon

Bob Lyddon Consultant at Lyddon Consulting Services

Anonymous e-invoicing

Hello, anonymous! It is interesting that you feel the need to remain anonymous when taking issue publicly with a representative of the "Innovation" space. Is it career-threatening to do so? My opinion is that for 10 years we have confused "Innovative" with "Useful" in this industry; the publicity space is clogged with...

/payments

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