The payments industry could find itself in a whole new regulatory environment in the coming year.
A number of new regulations have been proposed that could shape how companies operate at the federal and state levels.
In the latest episode of the IPA Payments Podcast, Brian Tate, the IPA’s CEO, and COO Ben Jackson discuss the latest proposed regulations that care coming out of Washington. They cover the Fed’s proposal to reduce the cap on debit interchange for issuers with more than $10 billion in assets. They cover the CFPB’s proposed open banking rules and look at a proposal to regulate earned wage access in California.
The IPA is developing comment letters for all of these proposals and invites its members to weigh in on what they think regulators need to hear.
This podcast was recorded on November 9, 2023. Things may have changed by the time you hear it.
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