Sky is expected to announce plans for a broadband television service that will allow subscribers to download a selection of movies and sports packages over the internet -- "UK satellite broadcaster BSkyB is apparently planning to offer the service to subscribers of its top-tier packages from the autumn. Industry observers have been expecting a move from Sky to exploit the growing potential of broadband to support its satellite subscription service. An announcement is expected later this week, according to a report in the Sunday Telegraph. Initially the service will require a broadband connection and a computer, but it opens the possibility of Sky offering broadband services and potentially a proposition that is more integrated with its Sky+ personal video recorder at some point in the future. While satellite broadcasting offers significant bandwidth to deliver hundreds of television channels, it is unable to offer true video-on-demand (VOD) services that can be provided with cable television. Satellite broadcasters are widely expected to extend their services using broadband to provide downloadable and on-demand programming."
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