Satellite television broadcaster BSkyB has announced a number of new innovations as it aims to maintain its competitive position in the UK -- Further details have emerged of the broadband service due to be launched in the autumn. It will be delivered in the form of an application that is downloaded to a broadband connected personal computer. The launch will pre-empt the introduction of a similar peer-to-peer service planned by the BBC, which is due to enter a limited public trial in the autumn. It also comes as cable operators are rolling out video-on-demand services in the UK. The Sky Movies broadband service will offer hundreds of films licensed to Sky, which will be available to download and even transfer to a portable device. The Sky Sports service will offer over a thousand video clips, available to over five million subscribers to Sky Sports packages.�It�s just fantastic,� said BSkyB chief executive, saying that the service would offer �high levels of personalisation and recommendation� when it launches in the autumn. Sky is also planning to launch a mobile service that will allow users to remotely program their Sky+ digital video recorder.
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