Governance

Top tech news today: February 11, 2025

Tech News Roundup 1. QR code payments expected to exceed $8T Juniper Research projects that global QR code payment transactions will grow by 50%, reaching $8 trillion by 2029, driven by national QR schemes and A2A payment initiatives. Source 2. Questal secures $3.2M for AI platform FinTech firm Ques…

AuthorFiona Xu

Reading Time2 min

PublishedFebruary 11, 2025

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Juniper Research projects that global QR code payment transactions will grow by 50%, reaching $8 trillion by 2029, driven by national QR schemes and A2A payment initiatives. Source FinTech firm Questal has secured $3.2 million in Seed funding to advance its AI-powered financial wellness platform, integrating AI insights with human coaching for better financial management. Source

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Abu Dhabi Islamic Bank has become the first in the GCC to adopt Swift’s Alliance Cloud platform, enhancing payment processing and operational resilience for retail and corporate customers. Source Nokia has appointed Justin Hotard, Intel’s AI data center lead, as its new CEO effective April 1, 2025, replacing Pekka Lundmark after four years in charge. Source Iliad Group has announced a €3 billion investment in AI infrastructure, focusing on new data centers and enhancing AI computing capabilities across Europe. Source T-Mobile has begun wide-scale testing of satellite-to-cell service powered by Starlink, aiming to eliminate mobile dead zones and enhance connectivity in remote areas. Source