Latest opinions that Bob Lyddon has shared on Finextra

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Bob Lyddon

Consultant

Lyddon Consulting Services

Member since

30 Sep 2007

Location

Thames Ditton

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Bob's opinions

Eurozone private banks gear up to replace Eurosystem Asset Purchase Programmes

The Eurozone banking system will have to gear itself up this autumn to take over the supply of credit from the Eurosystem, as the Eurosystem’s version of QE - called Asset Purchase Programmes – is wound down. The winding-down is in stages. There will be no new purchases to start with, and then the proceeds of maturing bonds will no longer be re-inv...

09 October 2018 /payments /wholesale SEPA and European Payments

Another week at New Payment System Operator and another I cannot BELIEVE it moment or three

New Payment System Operator never fails to disappoint in terms of its governance and processes. Three Victor Meldrew moments in one week – that is a new record. Firstly we have an announcement that Louise Beaumont, a member of NPSO’s End User Advisory Council (“EUAC”), has taken on a role as Industry Advisor at the large Fintech Bottomline. That is...

14 September 2018 /payments Banking Architecture

Turkish bank Non-Performing Loans soon to hit World Class levels

Turkish bank Non-Performing Loans (“NPLs”) will soon be reaching World Class levels, even if the bar has been set very high by the banking systems of Greece and Cyprus: only NPL levels of 40-45% of total loans gets you into this elite club. This is where a main result of the decline in the value of the Turkish lira will play out, and we have to be ...

09 September 2018 /wholesale Trends in Financial Services

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 from its sense of responsibility towards “Confirmation of Payee”, or “CoP” for short. The CoP service is where a payer confirms that the payee they a...

29 August 2018 /payments Transaction Banking

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. This seems like a very large bill for a board on which 6 out of 7 directors were non-executive. It is not even a bill for 1/2 of a year, but more like 1/...

15 August 2018 /payments Transaction Banking

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 UK payments landscape over the past 5 years of HMTreasury, the Bank of England, the Financial Conduct Authority, the Payment Systems Regulator, the P...

13 August 2018 /payments Transaction Banking

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 implemented by the UK’s New Payment System Operator (“NPSO”). This project now has a name – Project Carlton – and it is at the stage where we have deliv...

20 July 2018 /payments Transaction Banking

Cyprus' banks reduce their Non-Performing Loans. See how it is done, and weep.

There was an lol for me today, thanks to an article in the Cyprus Business Mail announcing that Non-performing loans (“NPLs”) in the Cypriot banking system had fallen in March 2018 by almost €2.1bn to €19.9bn compared to February’s figure, and that this was the lowest figure for NPLs since December 2014, according to figures issued by the Central ...

13 July 2018 /wholesale SEPA and European Payments

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 Wolfsberg put into the public domain the Competition Law advice it has taken about its governance and activities on a general level, to be followed by...

11 July 2018 /payments Transaction Banking

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 collection services) but it continues to build up its elephantine governance structure, with committees popping up right, left and centre, and sporting impre...

03 July 2018 /payments Transaction Banking

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