Q Farhan, what's an example of B to B fraud?
A Uh, so for example, an example of B to B fraud is that, uh, you want to verify a company in China. You want to buy some steel, for example, from a manufacturer in China. Uh, there are some vendors involved in the process and you want to check if those companies are registered, uh, correctly, uh, if they are not impersonated by some type of scammers or fraudsters, uh, if they're not in any kind of sanctions list or, uh, Like, money laundering lists. Uh, so basically, it's part of a, like, due diligence that you're going to do. We're providing that due diligence for you. Uh, and yeah, so for example, one of the things that we've prevented is, like, B to B impersonation fraud. Uh, like, for example, right now in the oil industry, uh, because of the Russian-Ukraine war, uh, there's a lot of, uh, fraudulent activities happening that, uh, companies in, uh, like Ukraine, Russia, and, uh, like UAE, Turkey, other, uh, some sort of, uh, all of, uh, countries, uh, like these, uh, In these regions, uh, are, uh, for example, copying the data from a U.S. company and impersonating them to, as a seller or as a buyer. And catching this type of impersonation is a bit hard for normal person. I see.
AI assessment note: “an example of B to B fraud is that, uh, you want to verify”