By 2025, cybersecurity has evolved from a purely technical concern to a strategic priority for every business sector. Entrepreneurs now face a wave of new security requirements brought about by complex

1. Goals and Objectives 1.1 Main Goals 1.2 Additional Tasks 2. Key Working Principles 3. General Structure and Microservices Approach The project is implemented as a set of microservices, each serving a specific role.

How can satellite imagery be used to monitor global industrial activity? Explore cutting-edge methods, real-world applications, and 2025 trends.

Why do banks drive entrepreneurs crazy? Bureaucracy, account freezes, endless compliance. A candid look at real pain points in banking.

Is success driven by knowledge or bold action? Explore life and business strategies through real-world insights and experience.

Knowledge Management (KM) is a concept and practice focused on systematically capturing, organizing, and effectively using an organization’s collective knowledge. One of the classic definitions states

In today’s business landscape, verifying your counterparties is a critical component of risk management and corporate security. By performing a comprehensive check, you can ensure the legitimacy and reliability

An influencer is a person or organization that has significant influence over the opinions or behavior of a certain audience, especially in social communication mediums such as social networks, blogs

Complex systems evolve in cycles. Learn how to identify, interpret, and manage them to stay ahead in business and life. A systems-thinking.

How to properly screen employees before hiring? Key methods for background checks, risk reduction, and ensuring security compliance.

How do perception and mental models shape our ability to manage complexity? A deep dive into cognitive filters, decision-making, and strategic thinking.

In today’s knowledge-driven economy, intangible assets—brands, inventions, creative content, and more—often determine a company’s success. According to the latest data, intangible assets (including intellectual

Entrepreneurs—particularly those focused on technology and digital products—face an ever-increasing level of complexity in their daily operations. Multifunctional applications, distributed teams, and rapidly

Which matters more — setting goals or cultivating the right state of being? Explore two powerful approaches to living and leading in business.

How to classify and manage project risks effectively? A practical guide to risk types, assessment methods, mitigation strategies, and business impact.

Anyone who has ever launched a business project has likely had a moment of déjà vu—“Wait, haven’t we been here before?” There’s an old joke claiming that every project goes through four stages: first comes

In today’s business environment, risk management has become an essential component of strategic planning. Broadly defined, a “risk” is an event (or a set of events) that can either hinder or facilitate

Running a business on the internet opens up vast opportunities but also entails numerous hidden risks. An entrepreneur must understand what is strictly forbidden online—both legally and ethically—to avoid

In today’s business environment, speed and originality often determine a company’s success. The world changes rapidly—new technologies, market crises, and emerging trends require entrepreneurs to act fast

Every business initiative carries risk. Projects can fail at a spectacular rate, often because warning signs were missed or concerns went unspoken during planning (Performing a Project Premortem).

Early Realizations and the Tech Paradigm Shift As I transitioned into a leadership role in IT, I observed a striking paradox: the more crucial technology became to business, the more the traditional role

(Based on In-Building Security: Making TSCM 24/7 | CRFS and other industry sources) Modern eavesdropping devices pose a serious threat to the confidentiality of business negotiations.

(Burnout: A chronic epidemic in the IT industry | CIO) An exhausted IT professional at his desk, representing the widespread fatigue and stress many in the industry face. Chronic stress and employee burnout

Below is an expanded, reader-friendly overview of a three-party deal involving Transcapitalbank (TKB), a private investor group (GFB), and the F2B fintech project. The goal is to illustrate how this collaboration

Corruption in IT projects and procurement is a pervasive issue with deep historical roots and modern ramifications. In some countries, the problem is culturally entrenched – for example, a 19th-century

Every year, hundreds of mountaineers set out to conquer Mount Everest, the highest peak in the world at 8,848 meters (29,029 ft). Despite the lethal hazards—ranging from unpredictable weather to altitude

Partnership in business can become a powerful growth driver: a good partner expands your opportunities to develop a company and break into new markets. However, the wrong choice of partner or poorly structured

(File:Signing partnership agreement between Academy of Digital Technologies and Wikimedia Saint Petersburg 1.jpg – Wikimedia Commons)Alt text: Two business partners holding signed collaboration agreements.

Stage 1: Personal Alignment and Initial Introduction “If you want to go fast, go alone. If you want to go far, go together.” This proverb perfectly captures the value of a good business partner for any entrepreneur.

If someone claims “I’ve sent you a SWIFT transfer” but the money is mysteriously AWOL, you might be dealing with more fiction than finance. Scammers love to flash official-looking SWIFT payment confirmations

Let’s play a game and simulate trading on the cryptocurrency market. In this game, you will play the role of the market, and I will be the trader. We’ll use Bitcoin trades as an example, but

Many entrepreneurs have experienced moments when their own fears, setbacks, or self-doubt seemed insurmountable. Yet paradoxically, these “weaknesses” can become a source of tremendous strength—if we learn how to use them.

Every entrepreneur aims to deliver high-quality products and services that match advertising promises and meet customer expectations. Yet in practice, a gap often emerges between what was promised and

Growing up is a multifaceted transition from childhood to maturity, involving both biological transformations and psychological, social, and legal changes. Different cultures and societies may draw the

In the business world, a well-functioning team often determines the success or failure of a project. Even the most brilliant idea requires a cohesive group to bring it to life. Statistics are clear: according

Every project manager or team leader has faced that awkward moment: a team member announces their departure, seemingly over the tiniest detail. At first, panic sets in—“What’s wrong with our project?

In a fiercely competitive business environment, consistent wins are rarely about luck—they stem from solid strategy and disciplined execution. This article explores how entrepreneurs can consistently achieve

Global trade finance – the lifeblood of international commerce – is undergoing a profound digital transformation. For decades, trade finance transactions have relied on paper-based documents like bills

In today’s fast-paced business environment, one of the most paradoxical ideas states: “there is no such thing as absolute knowledge.” For an entrepreneur, this means you can never be entirely sure of everything.

In Part 1 of this Trade Finance Guide, we covered the fundamental instruments and processes that facilitate global trade (such as letters of credit, guarantees, and trade finance basics).

In today’s business environment, entrepreneurs operate amid high uncertainty and complexity—especially across fast-evolving markets like those in the MENA (Middle East and North Africa) region.

International business transactions often involve SWIFT messages, especially the MT103 payment instruction. In some circles, these message formats have attracted myths and even fraud schemes – for example

Many companies new to international trade often expect or prefer to receive full payment up front. While demanding cash-in-advance eliminates the risk of non-payment, it can also cost you potential business.

Single Euro Payments Area (SEPA) is a European Union initiative to harmonize how electronic euro payments are made across Europe (The objectives and advantages of the Single Euro Payments Area project

Introduction Foreign exchange (FX) volatility is a fact of life for companies engaging in international business. Currencies can swing in value due to economic shifts, interest rate changes, geopolitical

Background International business can become a legal tightrope when countries enforce their laws beyond their borders. A prime example is the clash between United States sanctions and European Union law.

Reverse factoring – also known as supply chain finance, supplier financing, or payables finance – is an innovative financing solution that is gaining traction in the business world.

Modern digitalization unlocks countless opportunities. Yet it also broadens the landscape for cyberattacks, which can affect anyone—from individuals to entire corporations. According to various studies

International trade often relies on letters of credit (LCs) as a secure payment mechanism between buyers and sellers. In some cases, banks may choose to confirm an LC – meaning a second bank (the confirming

In today’s world of abundant information, running a business “by feel” becomes increasingly risky. Making decisions without grounding them in data is like trying to hit a target while blindfolded.

Below is an expanded and adapted version of the original Russian text, now presented in American English. The goal is to make it clear and useful for a business audience, especially beginners who want

Knowledge Management (KM) is a systematic approach to creating, organizing, sharing, and applying knowledge within a company. It treats the expertise of employees and the organization’s collective experience

In international trade finance, a SWIFT MT 700 message is a standardized way to issue a documentary credit (more commonly known as a letter of credit) between banks. It is a crucial message type used to

In international trade, companies often face a choice between Letters of Credit (LCs) – which offer security but involve complex paperwork – and open account terms – which are simple but riskier for sellers.

Introduction to Forfaiting Forfaiting is a specialized trade finance technique that allows an exporter to convert a sale on credit into immediate cash by selling the debt owed by the importer to a third

Islamic finance refers to financial practices that are compliant with Shariah (Islamic law). Unlike conventional finance, it operates under a distinctive set of principles that emphasize ethical, asset-backed

International trade often relies on documentary letters of credit (L/C) – also called documentary credits (D/C) – to ensure payment against shipping documents. In a letter of credit transaction, a bank

International trade is the lifeblood of the global economy, and trade finance provides the credit and guarantees that keep that blood flowing. Trade finance encompasses financial instruments like letters

Standby Letters of Credit (SBLC) are special, bank-issued legal instruments crucial in international trade, project finance, and other business transactions requiring strong payment guarantees In essence

(A row of blue barrels sitting on top of pallets photo – Free Building Image on Unsplash)Barrels of oil ready for shipment. Oil is one of the world’s key commodities and often requires specialized trade financing.

Introduction International fraudsters often exploit complex financial instruments and obscure investment schemes to trick businesses and investors. Two common vehicles for such scams are Letters of Credit

Standby Letters of Credit (SBLCs) and Bank Guarantees (BGs) are legitimate financial instruments used as guarantees in business transactions. Unfortunately, these instruments have also become tools for

Mathematics and the Question of FairnessGalileo Galilei famously said that “Mathematics is the language in which God has written the universe.” (Galileo Galilei, as cited in Mirt Internet Newspaper).

Factoring has evolved into a powerful financing tool that drives growth for businesses worldwide. Despite its long history and proven track record, the factoring market is still widely misunderstood, often

What is Trade-Based Money Laundering? Trade-Based Money Laundering (TBML) is the process of disguising illegally obtained funds and moving value across borders using trade transactions to legitimize their