What are the Different Types of Financial Services?

Financial services refer to activities in which financial institutions use monetary transactions to integrate valuables and provide mutual benefits and satisfaction to financial activity participants and customers. According to the annex of the World Trade Organization, financial service providers include the following types of institutions: insurance and related services, including all banks and other financial services (except insurance).

Financial Services

Financial services refer to activities in which financial institutions use monetary transactions to integrate valuables and provide mutual benefits and satisfaction to financial activity participants and customers. according to
Financial service provider means a member of a member who wishes to provide or is providing financial services.
Insurance and related services, including all banking and other financial services (except insurance).
1. Direct insurance (including
As far as financial services are concerned, compared with other industrial sectors, financial services also have some significant characteristics, such as:
Financial institutions typically have an executive director who oversees the company's global operational and technical risks. The executive director implements various long-term strategic measures by optimizing the global information system and database to strengthen the monitoring of operational risks.
General precautions include: supporting the company's business to multi-entity, multi-monetization, and multi-time zone development; improving the control of complex cross-entity transactions. Promote the standardization of technology and operating procedures, improve the alternative use of resources; eliminate the principle of redundant regional requests; reduce the cost of technology and operations, effectively meet the needs of market and regulatory changes, and control the company's overall operating risk in the most appropriate range.
Finance, as a tool to help brick-and-mortar businesses, can cut benefits and small and medium-sized enterprises, which is the meaning of innovative finance. For example, Dayi Yousu's innovative Internet industry chain financial model has extensively combined offline credit guarantee institutions to allow investment users to lend their spare funds through the Dayi Yousu platform to good entities that can provide adequate mortgages and loans. Demand for high-quality plasticizing enterprises.
Letting professional institutions do professional things is the core concept of the P2I model. The financial services of the P2I industry chain are designed to quickly mobilize social stock capital to promote the circulation of current high-quality liquid assets in the plastics industry, and to achieve a closed loop of money and goods circulation. Circulation costs, an industrial value chain service system that improves circulation efficiency and ensures transaction security, in order to optimize the industrial chain productivity structure, promote the upgrading and transformation of the entire plasticized industrial chain, and promote the ecological development of the industrial chain. In terms of its model innovation, Dayi Yousu has obvious advantages in letter application ability, post-loan supervision, risk control measures and guarantee ability, and industry supervision. It can effectively balance the relationship between investment income and risk aversion, and protect the high level of investment. At the same time of return, solving the problem of financing difficulties for small and medium-sized enterprises is a perfection and supplement to the existing traditional financial market, and it is also the most important driving force to promote the stable transformation of the real economy.

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