Top regulatory priorities for the payments sector

Burges Salmon has been featured by The Payments Association for our thought-leadership piece looking at the top regulatory priorities for the payments sector.

This article is exclusive to The Payments Association, but can be read in full here: Top regulatory priorities for the payments sector | The Payments Association

In summary, in 2025, payments firms must prioritise compliance, open banking expansion, and stablecoin readiness to navigate regulatory shifts and drive growth.

With regulatory scrutiny at an all-time high, payments firms must keep pace with evolving regulations to avoid financial penalties and reputational risks. In 2025, three priorities stand out: safeguarding customer funds, expanding open banking, and preparing for stablecoin regulation.

With the payments industry set to maintain the momentum of 2024, the proposals around safeguarding, open banking, and stablecoins are just some of the regulatory developments firms need to be aware of. While regulatory compliance may present challenges for firms, it also provides opportunities to mitigate risk, enhance customer trust, and maintain a competitive edge. In 2025, regulatory changes will be as pivotal as technological advancements. Firms that strengthen compliance, invest in open banking, and prepare for stablecoins will mitigate risk and unlock growth.

To discuss how we can assist payments firms with existing or upcoming challenges, please contact Martin Cook or Matt Jones.

The article was written by Matt Jones, Brandon Wong and Matthew Pegler. Extract reposted with permission from the Payments Association.

In 2025, regulatory changes will be as pivotal as technological advancements. Firms that strengthen compliance, invest in open banking, and prepare for stablecoins will mitigate risk and unlock growth.

https://thepaymentsassociation.org/article/top-regulatory-priorities-for-the-payments-sector/