IPA Government Update May 2025

With a new administration in place, the payments industry is bracing for regulatory changes—and now, some early outlines of those changes are coming into focus. 

In this episode, IPA’s Ben Jackson speaks with Brian Tate, CEO of the Innovative Payments Association, about what’s happening in Washington and beyond. They discuss: 

• The CFPB’s announcement that it may rewrite the open banking rule 

• Potential changes to the prepaid rule 

• The implications of the CFPB ending its appeal in the PayPal case 

This episode was recorded on May 8, 2025. Please note that developments may have occurred since then. 

Additional Resources: 

• IPA Summer of Learning Webinar Series 

• IPA Compliance Boot Camp – September in Chicago 

Stay tuned for future episodes and don’t forget to subscribe!