TiVo launched a trial of a video download service, which will enable movies and other video transmitted over a broadband connection directly onto TiVo owners' hard drives. The company partnered with the Independent Film Channel (IFC) on the project; IFC will offer downloads of episodes of its first scripted TV series -- "Hopeless Pictures," "Greg the Bunny" and "The Festival" -- in advance of their network TV premieres. In addition to the episodes themselves, the TiVo downloads will include outtakes and other unaired footage from the IFC series. "The key element of this trial for us is that it will enable consumers who do not typically have access to IFC to download our three new original series over broadband," said IFC executive vice president Evan Shapiro. TiVo said that Limelight Networks will provide content delivery network services for the trial, which it plans to expand to a series of broadband features beginning in the fall.
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