Periodically, the Mobile Payments Industry Workgroup (MPIW) meets with representatives from federal and state regulatory agencies[1] to gauge their level of activity in the mobile/digital payments space and share perspectives on developments, challenges, and potential gaps in coverage or education.[2] Topics discussed at the most recent January 2017 MPIW meeting included: the role of financial technology (fintech) companies in U.S. financial services; regulatory framework for mobile/digital wallets; and an overview of the European Union’s (EU) Payment Services Directive 2 (PSD2) and implications for U.S. payment industry stakeholders. No major surprises emerged from the discussions with the regulators, but the MPIW identified several issues and opportunities for further analysis.