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What is Private Banking and How Does It Work?

Razorpay

Private banking is a personalized financial and wealth management service provided by banks to high-net-worth individuals (HNWIs). It involves offering exclusive products, tailored advice, and one-on-one attention to help clients manage, grow, and protect their wealth. What is Private Banking?

Banking 52
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What are ESG (Environmental, Social, and Governance) Scores?

Peak Frameworks

Air and Water Pollution: Beverage giant Coca-Cola has implemented significant water management initiatives to reduce its global water footprint. Waste Management: IKEA is striving to become a circular business by 2030, meaning no products should end up as waste. Energy Efficiency: Unilever saved 1.5

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What is Merchant Onboarding? How it Works, Benefits & Key Players

Razorpay

Merchant onboarding is the process of a payment company allowing a business to manage customer payments securely. A poorly executed onboarding process leads to delayed or failed transactions, increased risk of fraud, and non-compliance with industry regulations. Regularly reassess merchant profiles to detect any changes in risk.

IT 40
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AI in Payments: How AI is Transforming the Payments Industry?

Razorpay

Risk Management and Credit Scoring AI analyses various data points, including transaction history, spending patterns, and social behaviour, to generate accurate credit scores and perform risk assessments. It can manage complex processes without fatigue or oversight. Challenges in AI for Digital Payments 1.