Bob Lyddon

The BoE’s Future of Finance Report: Ludicrous, Elitist, Sycophantic and Vague

A report has been issued under the name Future of Finance – Review on the Outlook for the UK Financial…

This Decision on “Authorised Push Payment Fraud” May Cost Banks £500 Million

A decision by the UK’s Financial Ombudsman Service (FOS) could ultimately cost banks up to £500 million as they are…

New Payments Architecture: “The Mother of All Contracts”

It really is the mother of all contracts. The winner will watched like a hawk by three watchdogs: the Bank…

The Old Lady Roadblock: Bank of England IT “Archaic” and Hindering Payments Innovation

It has been a consistent official policy, since the financial crisis, to open up the UK’s payment systems, not least…