Transaction Banking

Group founded 25 Sep 2008
Posts 188
Members 46
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A community for discussing technology trends, views and perspective in global transaction banking

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Bob Lyddon

Big buck cost of NPSO directors just for the first few months of operation

NPSO Report & Accounts for the period from its foundation on 18th July 2017 until 31st December 2017 show Directors' Remuneration at £229,469, with the highest-paid director receiving £93,333. Thi...

15 Aug 2018
Bob Lyddon

Project Carlton Phase 1 on UK payments landscape is complete

The sponsor of Project Carlton has signed off on the intial research and endorsed that it be shared for validation with five or six interested parties. The research plots the ministrations towards the...

13 Aug 2018
Bob Lyddon

Research phase of Project Carlton, new UK payment services design

Two weeks ago, in a blog here on Finextra, we stated that our company had obtained initial funding and support for a project to design a new suite of UK payment services, to set against those being im...

20 Jul 2018
Bob Lyddon

Wolfsberg Group should publish its Competition Law advice about its Country Risk FAQs, as a starter

We just sent the third and final call in our series to the Wolfsberg Group, this time regarding the “Country Risk – Frequently Asked Questions” that Wolfsberg issued in March 2018. We are asking that ...

11 Jul 2018
Bob Lyddon

UK New Payment System Operator - the wrong direction and we need a new one

The UK’s New Payment System Operator is well adrift of the problems facing UK payment service users (e.g. lack of access to free ATMs, high fees on card payments for merchants, dwindling cash collecti...

03 Jul 2018
Breana Patel

The many benefits of Agile PMO

The task of integrating a Project Management Office (PMO) in an agile environment could prove difficult, but if done with thorough research and implementation, it can substantially improve efficiency ...

14 Jun 2018
Retired Member

Light at the end of the loan origination tunnel

When buying products online, ordering a taxi or booking a vacation, the modern consumer expects a simple, streamlined experience and instant satisfaction. I have often questioned why the same service ...

08 Jun 2018
Bob Lyddon

Visa outage in Europe: letter to Charlotte Hogg from the UK's Treasury Select Committee

This letter is now public on the www.parliament.uk website, under /documents/commons-committees/treasury/Correspondence/2017-19/ This file name is visa-charlotte-hogg-040618.pdf Some tough questions t...

06 Jun 2018
Bob Lyddon

New Payment System Operator appoints two more natural legal persons as Member-Guarantors

I blogged two weeks ago that NPSO had become the operator of BACS and Faster Payments while in the control of just one person, and a natural legal person at that. NPSO has quickly appointed two new Me...

18 May 2018
Rolf Hauge

SWIFT gpi: why wait for 2020?

Just over one year on from the launch of the service, SWIFT has announced that more than 160 global banks have adopted its Global Payments Initiative, SWIFT gpi, allowing them to make high-speed, cros...

24 Apr 2018
Reghunathan Sukumara Pillai

What needs a relook - Internal processes or workforce in the audit department?

The recent instances of scams in public sector Banks make one admonish the audit processes and practices in many Banks. The number of fraudulent instances are rising and it has become a norm to highli...

13 Mar 2018
Rolf Hauge

Upgrade your banking software like TESLA

There’s a lot about TESLA’s way of doing business I admire; especially when I think about what it could bring to the world of financial technology. I don’t mean a banking system powered by lithium-ion...

15 Jan 2018

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