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In the dynamic landscape of retail transactions, merchants often grapple with the intricacies of cash discounting and surcharging. These two pricing strategies, while appearing similar, carry distinct features and implications for both businesses and consumers. In this article, we delve into the essence of cash discounting versus surcharging, offering clarity on compliance, card brand rules, and the nuances that shape these practices.

Financial institutions are at the forefront of regulatory changes that can have a significant impact on their operations. The “Personal Financial Data Rights” rule, proposed by the Consumer Financial Protection Bureau (CFPB) on October 19, 2023, is one such development that financial institutions need to be well-informed about. Beyond its direct implications, this rule can also affect sales organizations, and understanding these dynamics is crucial.

In the wake of recent financial crises and bank failures, the Federal Deposit Insurance Corporation (FDIC) is taking proactive steps to ensure the safety and soundness of insured depository institutions.