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As more banks and financial institutions (FIs) show indefatigable appetite for solutions ranging from fraud and risk management to regulatory compliance, the FinTech segment is set for rapid growth in India. In the past year, the banking industry in India began embracing new technologies such as artificial intelligence (AI), machine learning (ML) and blockchain to […]
HOW SMART TRANSPORTATION INITIATIVES CAN TRANSFORM CITIES? As more people move into cities, civic authorities are putting in place smart transportation initiatives. These initiatives aim to reduce infrastructure costs, alleviate traffic bottlenecks, optimize routes, and foster road safety. What drives these initiatives is the data from connected vehicles. Information from vehicles helps smart cities to […]
IoT in urban environments brings in a number of benefits. A well-planned IoT implementation helps in managing and optimising traditional public services; increases transparency and promotes better civic response to citizens; stimulates the active participation of citizens in public affairs; and fosters the creation of new services—all of these without drying up the city council’s […]