The move to digital television will be driven by high-definition TV (HDTV) a study has found -- Picture quality is the most important factor in persuading Europeans to ditch their analogue sets, the survey from Jupiter Research finds. It had been assumed that services such as video-on-demand and digital video recorders - that allow users to rewind and pause television programmes - would be the most important factors. But only 10 percent cited these as reasons. Nearly a quarter -- 24 percent -- ranked HDTV as the most important factor in deciding whether to switch to digital television. In terms of existing digital TV penetration, the UK market is the most sophisticated in Europe. Around 60 percent of UK households have already made the switch to digital TV.
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