According to In-Stat, the city of Glasgow, Scotland, is in the world news because of last week's meeting of global heads of state, but the city has other reasons to "crow." Glasgow is known as a city with a proactive approach to growth, and they are making innovative investments to raise awareness and attract visitors from around the world. They've become the first city to launch a 24-hour TV service that delivers a wide range of features and prerecorded "Content" to anyone with a broadband Internet connection and can play Windows Media. The site is becoming a destination not only for people who are interested in all things Scottish, but also as an example of how the broadband Internet is changing the concept of Television. Normally, it takes a full-time staff of dozens of technicians, producers, directors and talent to create a TV channel and keep it on-the-air around the clock. But Glasgow TV uses low-cost, off-the-shelf technology and local volunteers videotape and edit most of the content. A few local city employees ingest the content and feed it into an automated management and play-out system called "TV Station In A Box." The www.glawsgow.tv site also sets up an automatic link to the City of Glasgow's official web site, which provides a more traditional Internet experience, lots of detailed information about the area, and automatic links to other URLs.
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