Payments Regulation Outlook

In the ever-evolving world of financial services regulation, few areas are poised for more dramatic change over the coming months and years than payments regulation. Whether one considers continued state adoption of the Conference of State Bank Supervisors (“CSBS”) Model Money Transmission Modernization Act (the “Model Act”) or the expected decrease in federal regulatory scrutiny under the second Trump administration, it is clear that significant change is in store for the payments indus