Dear Subscriber,

In this issue of the PaymentEye e-newsletter, Colin Swain, Global Head of Platform, Travelex, discusses consumer ‘finance fatigue’, the role of traditional banks post-PSD2 and Open Banking, the race between challengers and incumbents, and who is going to come out on-top.

Elsewhere, Ed Chandler, Chief Commercial and Partnerships Officer, eNett, tells PaymentEye how the ban on surcharging post-PSD2 will effect travel companies, and how they can respond.

I spoke to Colin Swain about the role of traditional banks post-PSD2 and Open Banking, the race between challengers and incumbents, and who is going to come out on-top.

With the introduction of PSD2 on January 13th, surcharging has been banned in the UK and the EU. While this is a clear win for the consumer, how will businesses react?