Technology

With the increasingly regulatory financial environment, it is essential to know and clarify Ultimate Beneficial Owner (UBO) of a business to observe and ensure compliance and minimize risks of fraud. With the growing sophistication of financial crimes, regulators around the world have given a significant focus on UBO compliance as one of the components of anti-money laundering (AML) frameworks. UBO identification is not a mere regulatory requirement, but also an effective risk management tool that helps companies to establish transparent business relations and protect themselves against illegal operations.

The line between reality and fiction has been getting blurry in recent years, due to the emergence of the deepfake engineering. It is an influential technology that manipulates audio and video content using the methods of artificial intelligence (AI) and deep learning and has brought about a novel dimension of media production. Although the possibilities offered by deepfakes are hard to deny, the technology is also severely threatening privacy, security, and trust in the population, so now more than ever, detection of deepfakes is highly important.

Analytics systems powered by artificial intelligence (AI) could reshape the e-commerce sector’s traditional inventory management model, streamlining the order life cycle and preventing stockouts. Business leaders can raise their odds of success if they understand which applications are most impactful and how to navigate integration. 

AI’s Popularity in E-Commerce  

Major e-commerce platforms are experimenting with AI, creating novel opportunities for small and medium-sized businesses that cannot dedicate the time or funds to building an intelligent system from the ground up. 

AI Supercharging U.S. E-Commerce Counterfeit Crisis

An explosive new report, "The Counterfeit Buyer Teardown," paints a concerning picture of a rapidly evolving and increasingly sophisticated counterfeit goods market, driven by a new factor: Artificial Intelligence. Forget the back alleys; findings from the research—conducted by market research firm OnePoll and AI company Red Points in February 2025—highlight that the future of fakes is digital, AI-assisted, and alarmingly mainstream.

A new study has revealed a growing concern in the digital marketplace: artificial intelligence is playing a major role in the rise of counterfeit shopping. The findings are detailed in a comprehensive new report, titled The Counterfeit Buyer Teardown—the largest ever conducted on U.S. counterfeit e-commerce. Among other alarming conclusions, it highlights how AI is accelerating both accidental and intentional purchases of fake goods online.

We are currently in the midst of the Fourth Industrial Revolution (4IR), which includes the data and technology used to link people and machines globally. 4IR includes everything from artificial intelligence (AI) to 5G to smart infrastructure.

In a study by the Center for Sustainable Development, Southern Santa Caterina, Brazil, scientists took an in-depth look at how COVID-19 ushered in the 4IR faster than expected. With more people forced to work from home, businesses had to embrace technologies they'd not yet considered. Advances in healthcare saw some of the biggest changes, including telemedicine.