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The Payment Services Directive: Implications for Corporate Banking RelationshipsPublished by: TowerGroup Published: Feb. 11, 2008 - 9 Pages Table of Contents
AbstractIn 2007, the European Parliament approved a legal framework for European payments called the Payment Services Directive (PSD). Viewed by many industry participants and observers as oriented toward consumer protection in the provision of payment services, the PSD has serious implications for business customers of all sizes and their banking providers. This TowerGroup Research Note describes the scope of the PSD and its relationship to the Single Euro Payment Area (SEPA) initiative, examines the implications of the PSD for corporate banking products and services, and recommends action steps for banks and business clients.Get Full Details About This Report >> |
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