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The group comprises of brokering firm Howden, underwriting agency DUAL, MGA and its data and analytics arm HX. Transport Bio: With over 2,000 partner fleets, Gett provides different transportation options in one place allowing you to book a taxi for corporate teams. 8 – Monzo Value: $4.5bn Founded: 2015 What do they do?
Acquirers and payment processors use MCC data to assess the risk profile of a merchant and apply appropriate measures, such as higher reserve requirements, more stringent underwriting procedures, or additional fraud prevention tools. This helps mitigate potential losses and ensures the stability of the payment ecosystem.
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