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Bob Lyddon

Cheques to be excluded from UK's New Payments Architecture

Once again cheques in the UK are facing their demise, this time as a consequence of their being excluded from the New Payments Architecture project, or "NPA". This time it will be a slow and...

04 Feb 2019
Transaction Banking
Bob Lyddon

Project Carlton research - a stock take on the PSR and PSF 2014-2018 and the cupboard is bare

Project Carlton has been conceived as a stock take of the efforts to reform the UK payments business since 2014 and to evaluate the case for a change in direction. The reform efforts have been spearhe...

28 Jan 2019
Transaction Banking
A Finextra Member

Cash Management: The change is here

Cash Management has been around since the beginning of trade and business – it is basically a simple concept – Making sure that your cash is optimally utilized and ensuring that it is at the right pla...

29 Dec 2018
Transaction Banking
Bob Lyddon

Phase 2 of Project Carlton on UK payments landscape: submerged by paper mountain

The last update we gave was that the sponsor of Project Carlton had signed off on the initial research and endorsed its sharing for validation with five or six interested parties. We did that, got ver...

12 Dec 2018
Transaction Banking
Bob Lyddon

The curious incident of company No. 11536954 - Pay.uk Limited, founded three months ago

Pay.uk Ltd was founded three months ago (on 25th August 2018) as a company limited by guarantee no. 11536594 and registered to 2 Thomas More Square, London. Is that a surprise to you? It might be. On ...

26 Nov 2018
Transaction Banking
Bob Lyddon

Request to Pay: challenges for the Treasurers of Creditors, but bonanza for the Treasurers of Debtor

“Request to Pay” or “RtP” is a new service planned for the UK by Pay.uk (formerly known as New Payment Systems Operator), and is likely to be adopted in some form within the Single Euro Payments Area ...

21 Nov 2018
Transaction Banking
Bob Lyddon

What we learned about Pay.uk’s Confirmation of Payee service

On 18th October 2018 Pay.uk - the re-branded New Payment System Operator - held a launch event and distributed brochures about their new service called Confirmation of Payee, or CoP. We have previousl...

30 Oct 2018
Transaction Banking
Bob Lyddon

What we learned about the UK's New Payments Architecture

On 18th October 2018 Pay.uk - the re-branded New Payment System Operator - held a launch event and distributed brochures about their procurement process for a strategic partner with whom to develop th...

23 Oct 2018
Transaction Banking
Bob Lyddon

Bank of England, the main roadblock to opening up UK payments

We learned on Thursday 18th October 2018, at the launch event of Pay.uk, that any renewal of the UK's retail payments infrastructure will have to wait until after the renewal of the Bank of England's ...

21 Oct 2018
Transaction Banking
Bob Lyddon

Pay.uk, our new zaibatsu

[Sourced from the research behind Project Carlton] New Payment System Operator Ltd has just changed its name to Pay.uk Ltd, a shatteringly unoriginal name and unfortunate in that NPSO was meant to sig...

14 Oct 2018
Transaction Banking
Scott Cutler

Protecting Financial Services from the Risks of Mobile Payments

The financial services sector is a high-value target for hackers, and therefore faces daily attacks that attempt to bypass defences protecting a growing number of attack vectors. A staggering 36 per

05 Oct 2018
Transaction Banking
Bob Lyddon

The UK’s New Payment System Operator makes a World Class CoP-out on Confirmation of Payee

New Payment System Operator (“NPSO”), the organisation charged with delivering the UK’s New Payments Architecture (“NPA”) and the “End User Needs” services dependent upon it, seems to be backing away ...

29 Aug 2018
Transaction Banking

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