Strategy Analytics released its latest mobile application benchmark report, "Apple iPod Blows Away Mobile Music Challengers." Strategy Analytics' advanced wireless buyer panel benchmark evaluation concluded that first generation mobile music devices receive a failing grade on both sound quality and feature usability. In this analysis, the Strategy Analytics advanced buyer panel performed head to head benchmarks of the iPod against 4 leading mobile music enabled devices: Samsung E720, O2 XM, SEMC V800 and the SPV500. "The 02 XM leads for music feature usability, while the Samsung E720 was rated best overall among a relatively weak set of music phone contenders," noted David Kerr, Vice President of the Global Wireless Practice at Strategy Analytics. Chris Ambrosio, Vice President of device research, added, "With a 20-plus point performance gap in perceived music quality, handset vendors and operators must do better to realize their visions of mobile music revenues and share support. The next wave of devices from Sony Ericsson (Walkman W600) and Motorola, among others, will have to cross the quality chasm, and provide dedicated music hardware to overcome the weaknesses of these first generation products."
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