ABI Research suggests HSDPA as a Low-Cost Path to Fast Mobile Broadband -- "Mobile communications infrastructure vendors and carriers, impatiently waiting to offer their customers mobile broadband services, would do well to consider HSDPA (High-Speed Downlink Packet Access) as an economical alternative. The prerequisites, according to ABI Research, are the rollouts of the next-generation UMTS networks that are starting to take place in Europe and Asia, and are planned for other regions. The area covered by these networks should expand and fill out very quickly starting in about 12 months, according to ABI Research. The arrival of this technology should boost data traffic and revenues, as well as demand for data cards. What about WiMAX's promise of ubiquitous broadband? IEEE 802.16e will most likely be offered mainly in dense metropolitan areas, and while it will be faster than HSDPA, and cheaper per bit, the upfront deployment costs are much, much higher."
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