The home-brewed audio programs known as "Podcasts" are catching on with people who own iPods or other digital-music players, according to a survey -- "29 percent of US adults who own a digital music player have downloaded a podcast, Pew Internet and American Life Project finds. That makes for 9 million podcast listeners. Nearly 50 percent of digital-music player owners younger than 29 years old have tried out podcasts, the survey found, compared with 20 percent of those 29 or older."
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