Doers and doings in business, entertainment and technology -- "A platform agnostic takes on the orthodoxy. In 1798, the era of President Adams' Alien and Sedition Acts and the hand-wrought printing press, the issues were already complex even if the technology was simpler. But as India ink and telegraph engendered digital media and the Internet, debates over what the First Amendment does and doesn't protect have grown ever more byzantine. Enter a freedom-of-information advocate who knows the postmodern territory well: Mark Cuban. The outspoken tycoon has agreed to underwrite the Electronic Frontier Foundation (EFF) in a legal defense against MGM. The legendary movie studio will stand before the U.S. Supreme Court with Grokster, an online file-sharing service."
The Open Banking business model has been advantageous for Third-Party Providers (TPPs), helping them to extend their offerings into other areas of financial services with new capabilities. Open Banking is also advantageous for traditional banking institutions, despite the perceived loss of custodianship over their data, by providing greater accessibility to more bank services. Furthermore, Open Banking can help serve Mobile Internet providers that are able to leverage it to create tailored services according to customers’ preferences and/or economic limitations. Open Banking Market Development Since traditional banking services are made more convenient by TPPs via greater data access, customers can proactively manage their finances and shape the development of new financial offerings. This is particularly noticeable in the realm of Digital Payments, where retail merchants and customers transact through eCommerce, which has the greatest number of use cases for Open Banking. These includ