Over thirty companies worldwide represented at BSF meeting -- At its first meeting, the members of the Broadband Services Forum (BSF) set the direction of the group�s future initiatives. Project work on IPTV and dynamic and interactive services such as gaming and video were given top priority by a poll of the meeting�s attendees. Content-to-go was another area on which the BSF membership wanted to focus. These areas will top the BSF�s agenda in 2005. The input from a membership representing diverse industry segments within the broadband market is one of the greatest strengths of the BSF. �As the only industry group that represents the interests of service providers, content providers and technology vendors, the BSF is a unique position to address the profitable new services that are critical to all of these stakeholders,� said BSF Chairman Derek Kuhn. The keynote The Promise of IP Television was delivered by Amy Friedlander, SVP of Programming at SBC. In her presentation, Friedlander shared SBC�s services vision, and provided valuable insights into how service providers and their partners can work together to define and monetize new services.
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