Digitized Businesses Enjoy Lower Trade Costs, Faster Transactions: Report

By Leila Hatoum Digitizing businesses across the world could help as many as 350 million more businesses export their goods and services for the first time through digital commerce, which would add up to $29 trillion to the digital economy in the next 10 years, according to specialists quoted in “Future of Trade” report. “The

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Anti-Money Laundering Body Urges More Scrutiny of Iran, North Korea

WASHINGTON, Feb 20 – An international anti-money laundering group wants government financial intelligence agencies to give extra scrutiny to transactions and business relationships involving Iran and North Korea. Paris-based Financial Action Task Force (FATF) said on Friday that it remained “particularly and exceptionally concerned” about what it called Iran’s “failure to address the risk of terrorist

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