The home networking arm of CEA was hard at work, approving two new standards. CEA-851-A defines an IP-enabled network for connecting cluster networks to a whole-home broadband distribution backbone in order to facilitate integrated operation of appliances and networked components. Based on IEEE 1394, this network will accommodate Ethernet as an attached network via a bridge, and directly with the introduction of IEEE 1394c. Called the versatile home network, it provides a flexible and open network architecture and communications protocol specification for digital devices in the home. CEA-2027-A defines a user-to-machine interface method that allows a source of home-network services, such as a cable or terrestrial set-top box, digital VCR or DTV, to utilize the presentation capabilities in a network-attached renderer such as a DTV display or PC. The standard enables user control of networked devices (either local to the user or remote) via another device�s (e.g., DTV or PC) Web browser graphical user interface (GUI).
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