What is Financial Service Providers | IGI Global (2024)

Organizations that provide banking, loans, money transfers, and financial options to customers.

Published in Chapter:

Using Data to Guide Decisions for Cash-Based Interventions: UNHCR's Needs and Market Assessment Approach

Russell Harpring (UNHCR, Hungary) and Giulio Andrea Franco (UNHCR, Italy)

DOI: 10.4018/978-1-5225-7591-7.ch011

Abstract

Cash-based interventions are a means to provide refugee populations with resources to meet their own needs in an autonomous way. Yet, markets must be functioning, accessible, and expandable enough for refugees to utilize them. Situational information, including demographic information regarding the population of concern, provides the context to ground the project in. An assessment of needs will identify what is needed, how much, and by whom. This information will guide the market assessment to determine if the market has the capacity to absorb additional demand for the goods/services within the intervention scope. This chapter aims to provide a review of how data is used to guide the decision-making process of whether to implement CBI projects and the methods involved during the needs assessment and market analysis. This is followed by a practical example demonstrating how data can be used for decision making for a CBI project in Kakuma refugee camp in Kenya.

What is Financial Service Providers | IGI Global (2024)

FAQs

What are financial service providers? ›

Banks and other financial service providers

Accept deposits and repayable funds and make loans: Providers pay those who give them money, which they in turn lend or invest with the goal of making a profit on the difference between what they pay depositors and the amount they receive from borrowers.

What is a global financial services company? ›

Global Financial Services provides financial services. The Company offers loan programs, equipment leasing and financing, debt restructuring, real estate, and investment analysis services.

What is the concept of a financial services provider? ›

Organizations that provide banking, loans, money transfers, and financial options to customers.

What is the Global Financial System? ›

A Global Financial System refers to the infrastructure that encompasses worldwide monetary interactions, including currencies, claims, and endorsem*nts, which are essential for economic activities on an international scale.

What is an example of financial services? ›

What Are Some Examples of Financial Services? There are a variety of financial services offered by companies in the financial services sector around the world. These services involve banking, brokerage, mortgages, credit cards, payment services, real estate, taxes and accounting, and investment funds.

What is the meaning of financial services? ›

Financial services are the economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer-finance companies, stock brokerages, investment funds, individual ...

Which is one of the largest global financial services company? ›

Largest financial service companies by market cap
#NameM. Cap
1JPMorgan Chase 1JPM$616.86 B
2Visa 2V$555.76 B
3Mastercard 3MA$449.99 B
4Bank of America 4BAC$306.27 B
57 more rows

Who is the owner of Global financial services? ›

Global Finance was founded by Mr. Ajay Kumar in 1999 after 23+ years of senior management experience with banks. He started the company with the vision that he will help customers not just get a mortgage but also advise them on how to pay it faster by saving unnecessary interest.

What does financial services group do? ›

Financial Service Group provides fee-only financial life planning including retirement planning, investment planning, tax planning/preparation, career asset management and elder life planning services to our clients. We are not paid through commissions from the sale of financial products.

What are the responsibilities of a financial service provider? ›

Financial Services Professionals Overview & Description

Financial Services Professionals buy and sell securities or commodities in investment and trading firms, or provide financial services to businesses and individuals. May advise customers about stocks, bonds, mutual funds, commodities, and market conditions.

Who is a finance provider? ›

Finance providers bundle or source funds and then provide them in the form of debt or equity to entities seeking financing.

Which of the following is a type of financial services provider? ›

Final answer: Banks, credit unions, and savings and loans associations are the financial service providers insured by federal government agencies such as the FDIC for banks and the NCUA for credit unions.

What is global finance in simple words? ›

Global finance refers to the financial activities and markets that occur on a worldwide scale. This includes international trade and investment, currency exchange rates, cross-border transactions, and the flow of capital between countries.

What is the meaning of global financial management? ›

International finance management is the strategic management of financial activities across national borders. It entails overseeing global financial operations such as investing, financing, and risk management.

What is an example of a global financial market? ›

Some examples of financial markets and their roles include the stock market, the bond market, forex, commodities, and the real estate market, among others. Financial markets can also be broken down into capital markets, money markets, primary vs. secondary markets, and listed vs. OTC markets.

Who is the largest provider of financial services? ›

JPMorgan Chase & Co.

What are the 7 major types of financial institutions? ›

The major categories of financial institutions are central banks, retail and commercial banks, credit unions, savings and loan associations, investment banks and companies, brokerage firms, insurance companies, and mortgage companies.

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