A process of closer integration and exchange between different countries and peoples worldwide, made possible by falling trade and investment barriers, advances in telecommunications, and reductions in transportation costs" is the definition of .

Globalization.

Explanation:

A process of closer integration and exchange between different countries and peoples worldwide, made possible by falling trade and investment barriers, advances in telecommunications, and reductions in transportation costs" is the definition of Globalization. Globalization is the interconnectedness process when different people from different parts of the world are connected for economic, cultural and political activities. Movement of goods and services is also taken process in the result. It is the process where technology, information, products and jobs are transferred across the borders which result in increasing and enhanced international trade activities, quality products and services availability at much lesser prices, increased and better standard of living etc.

definitely a

commercial banking

provide online payment services

provide online banking

asset management firms

invest in people's funds in securities

accept tax return refunds