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 BaaS model has been adopted across a wide range of industries due to its ability to streamline financial processes for non-banks and foster innovation. BaaS has several industry-specific use cases, where it creates new revenue streams. Banking as a Service (BaaS) is rapidly emerging as a growth market, allowing non-bank businesses to integrate banking services into their core products and online platforms. As defined by Juniper Research, BaaS is "the delivery and integration of digital banking services by licensed banks, directly into the products of non-banking businesses, commonly through the use of APIs." BaaS Market Development The core idea is that licensed banks can rent out their regulated financial infrastructure through Application Programming Interfaces (APIs) to third-party Fintechs and other interested companies. This enables those organizations to offer banking capabilities like payment processing, account management, and debit or credit card issuance without