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Their roles include- Issuing banks approve or decline transactions based on available funds, credit limits, and security checks. They verify that the customer has sufficient funds to cover the transaction. They transfer funds to acquiring banks after successful transactions.
Financial Synergy : Financial synergy involves leveraging combined financial resources, such as capital, cash flow, or risk management capabilities, to achieve cost savings, maximize profitability, and enhance investment opportunities. Risk Quantification: Quantify and prioritize risks based on their potential impact and likelihood.
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