Banks 'Unable to Move Forward' with PSD

BRUSSELS - Due to the lack of clarity in national requirements, firms struggle to prepare for the Payment Services Directive (PSD), which includes a few paragraphs on reference data and becomes law in Europe in November 2009, analysts tell Inside Reference Data.

The European Commission and individual states are yet to decide how the PSD will be transposed into national law. "The banks are in a very difficult position because the individual European governors have not yet figured out how they are

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Waters Wrap: The tough climb for startups

Anthony speaks with two seasoned technologists to better understand why startups have such a tough time getting banks and asset managers to sign on the dotted line.

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