Radar

Nandan Nilekani is on a new project with the chief banker for global central banks

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Agustín Carstens, General Manager of the Bank for International Settlements (BIS), is collaborating with Nandan Nilekani on an ambitious project called the “Finternet.” This initiative aims to revolutionise the global financial system by creating an international ‘payment plus’ system that goes beyond basic transactions. Drawing inspiration from technological advances like the iPhone, Carstens envisions a … Read more

Global satellite IoT subscriber base gains higher orbit

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In further confirmation of space-based communications being one of the key markets of 2024, research from specialist internet of things (IoT) analyst firm Berg Insight has revealed that the global satellite IoT communications market is expanding steadily, and is set to grow at a compound annual growth rate (CAGR) of 39.2% to reach 26.7 million … Read more

ST Engineering drives AI smart city transformation in Qatar

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In what is said to mark a significant step in its transformation into a fully integrated conurbation that takes advantage of advanced artificial intelligence (AI) and data-driven technologies, Lusail City in Qatar has announced the creation of a smart city powered by AI, machine learning and data analytics. As a key element of Qatar’s National … Read more

CII institute pushes back into the operating black

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The institute arm of the Chartered Insurance Institute Group returned to operating profit in 2023 with a £745,000 surplus after three years of red ink. When Covid hit in 2020, the institute posted a £6.63m operating shortfall, trimming this to £1.47m in 2021 and halving the gap to £760,000 in 2022. Operating income for the … Read more