diff --git a/CHANGELOG.md b/CHANGELOG.md
index f215f6780..df1ad8f70 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,9 @@
 # Changelog
 
+## 11.5.0b3 - 2025-01-23
+* [#1447](https://github.com/stripe/stripe-python/pull/1447) Update generated code for beta
+  * Remove support for `stripe_account` on resource classes `stripe.terminal.Reader.Action.CollectPaymentMethod`, `stripe.terminal.Reader.Action.ConfirmPaymentIntent`, `stripe.terminal.Reader.Action.ProcessPaymentIntent`, and `stripe.terminal.Reader.Action.RefundPayment`
+
 ## 11.5.0b2 - 2025-01-17
 * [#1439](https://github.com/stripe/stripe-python/pull/1439) Update generated code for beta
   * Add support for `pay_by_bank_payments` on resource class `stripe.Account.Capabilities` and parameter class `stripe.Account.CreateParamsCapabilities`
diff --git a/VERSION b/VERSION
index c3158f97d..59b394309 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-11.5.0b2
+11.5.0b3
diff --git a/stripe/_version.py b/stripe/_version.py
index d8687b10a..57affe671 100644
--- a/stripe/_version.py
+++ b/stripe/_version.py
@@ -1 +1 @@
-VERSION = "11.5.0b2"
+VERSION = "11.5.0b3"