The corruption issue has attracted world’s attention as the rise in corruption cases that ensnare the public and private sectors. The World Bank Group considers corruption as one of the biggest challenges to alleviate poverty by 2030. One part of corruption is bribery, which paid about USD 1 trillion annually...
Fraud has always been a challenge for financial institutions, especially with the development of the digital world. Digital innovation opens more opportunities for fraudulent acts and brings threats to a higher level that made financial institutions become more vulnerable to such threats. However, like two sides of a coin, as there...
Counterfeiting is a problem for many industries on a global scale. No industry and country are free from the threat of counterfeiting. According to a report by the International Trademark Association (INTA) and the International Chamber of Commerce, the global economic value of counterfeiting and piracy is predicted to reach...
Buying an existing business may be more efficient in terms of time and effort than building a business from scratch. However, the purchase process requires a careful assessment. Once the money and assets moved, anything that happens to the acquired business becomes the new owner’s responsibility. In transactions of large...
Counterfeiting is a never-ending problem for famous brands. According to the World Customs Organization, the circulation of counterfeit goods have led to the loss of the fashion industry worth more than £5 billion and about 400,000 people had lost their jobs for 20 years. Louis Vuitton as the most valuable luxury...
According to Pew Research, millennials make up 27% of the world's population. India, China, the United States, Indonesia, and Brazil are the five countries with the largest population of millennials. The millennial generation—born between 1982 and 2004—is known as the tech-savvy generation. This generation is made up of those who are...
Optimus Prime figure in the movie of Transformer, Auto in Wall-E, or Ultron in Avengers the Age of Ultron, those are probably things that crossed our minds when we hear the term of Artificial Intelligence (AI). AI is basically a device that imitates human cognitive functions associated with 'learning' and 'problem solving'. In...
Fraud becomes a classic problem, even a silent killer for a company. Although every company claims that they were free of fraud, but in reality, no company is completely free from fraud threats. PricewaterhouseCoopers released Global Economic Crime Survey report in the 2007, recorded the fantastic number of average total financial...
