AWS Financial Services Competency Partners

Banks are in the business of serving individual customers (Retail banking) and business customers (Business banking, also referred to as commercial or corporate banking) by taking deposits and making loans. Banks provide financial and advisory services to small- and medium- sized businesses as well as larger corporations.

Capital markets are financial markets where long-term debt (over a year) or equity-backed securities are bought and sold, facilitating the transfer of capital from investors to businesses and governments for financing projects and investments.

An insurance company is a business that provides insurance policies, offering financial protection against potential losses or damages in exchange for a premium payment.

A payments company, also known as a payment service provider (PSP) or a payment processor, is a business that facilitates electronic payments between customers and merchants. They provide the infrastructure and services for businesses to accept various payment methods, including credit cards, debit cards, and digital wallets.

General Financial services encompass a wide range of activities related to the management of money and investments. They involve the provision of various products and services by financial institutions to individuals and businesses, aiming to facilitate cyber event recovery, financial transactions, manage risks, and help achieve financial goals.