diff --git a/CHANGELOG.md b/CHANGELOG.md
index 4681723..86c3d2d 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -12,6 +12,14 @@ This project adheres to [Semantic Versioning](http://semver.org/).
 
 ### Added
 
+[v1.7.1][1.7.1]
+-------------------------------------------------------------------------
+
+### Fixed
+
+- Update test dependencies with pinned ranges
+- Fix pytest deprecation warnings
+
 [v1.7.0][1.7.0]
 -------------------------------------------------------------------------
 
@@ -228,6 +236,7 @@ rarely used. Users affected by this should upgrade to 3.3+.
 [1.6.3]: https://github.com/jpadilla/pyjwt/compare/1.6.1...1.6.3
 [1.6.4]: https://github.com/jpadilla/pyjwt/compare/1.6.3...1.6.4
 [1.7.0]: https://github.com/jpadilla/pyjwt/compare/1.6.4...1.7.0
+[1.7.1]: https://github.com/jpadilla/pyjwt/compare/1.7.0...1.7.1
 
 [109]: https://github.com/jpadilla/pyjwt/pull/109
 [110]: https://github.com/jpadilla/pyjwt/pull/110
diff --git a/jwt/__init__.py b/jwt/__init__.py
index 2523680..946983f 100644
--- a/jwt/__init__.py
+++ b/jwt/__init__.py
@@ -10,7 +10,7 @@ http://self-issued.info/docs/draft-jones-json-web-token-01.html
 
 
 __title__ = 'pyjwt'
-__version__ = '1.7.0'
+__version__ = '1.7.1'
 __author__ = 'José Padilla'
 __license__ = 'MIT'
 __copyright__ = 'Copyright 2015-2018 José Padilla'
diff --git a/setup.py b/setup.py
index 7302e31..f175c95 100755
--- a/setup.py
+++ b/setup.py
@@ -33,9 +33,9 @@ if sys.argv[-1] == 'publish':
     sys.exit()
 
 tests_require = [
-    'pytest==3.7.1',
-    'pytest-cov==2.5.1',
-    'pytest-runner==4.2',
+    'pytest>=4.0.1,<5.0.0',
+    'pytest-cov>=2.6.0,<3.0.0',
+    'pytest-runner>=4.2,<5.0.0',
 ]
 
 needs_pytest = set(('pytest', 'test', 'ptr')).intersection(sys.argv)
diff --git a/tests/test_api_jws.py b/tests/test_api_jws.py
index 4bf8d39..4f70b56 100644
--- a/tests/test_api_jws.py
+++ b/tests/test_api_jws.py
@@ -294,7 +294,7 @@ class TestJWS:
                 jws.decode, example_jws, key=example_secret,
                 options={'verify_signature': False},
             )
-        except AssertionError:
+        except pytest.fail.Exception:
             pass
         else:
             assert False, "Unexpected DeprecationWarning raised."
diff --git a/tests/test_api_jwt.py b/tests/test_api_jwt.py
index 8f550cb..8d07f3f 100644
--- a/tests/test_api_jwt.py
+++ b/tests/test_api_jwt.py
@@ -516,7 +516,7 @@ class TestJWT:
             pytest.deprecated_call(
                 jwt.decode, jwt_message, secret, verify=False,
             )
-        except AssertionError:
+        except pytest.fail.Exception:
             pass
         else:
             assert False, "Unexpected DeprecationWarning raised."
diff --git a/tests/test_utils.py b/tests/test_utils.py
index 7549faa..1408af2 100644
--- a/tests/test_utils.py
+++ b/tests/test_utils.py
@@ -11,7 +11,7 @@ import pytest
     (255, b'_w'),
     (65537, b'AQAB'),
     (123456789, b'B1vNFQ'),
-    pytest.mark.xfail((-1, ''), raises=ValueError)
+    pytest.param(-1, '', marks=pytest.mark.xfail(raises=ValueError))
 ])
 def test_to_base64url_uint(inputval, expected):
     actual = to_base64url_uint(inputval)