Value of Iran’s e-commerce transactions hit $65b in H1

TEHRAN – The total value of e-commerce transactions in Iran reached 32.63 quadrillion rials (around $65 billion) during the first six months of the current Iranian year (March 21–September 22), marking a 52 percent increase compared with 21.24 quadrillion rials ($42 billion) in the same period last year, according to Hamid Toufighi, acting head of the Ministry of Industry, Mining and Trade’s E-Commerce Development Center.

By Soroush Saki

How data science is fighting financial fraud

TEHRAN - In a world where nearly every transaction happens online, from mobile banking to e-commerce and digital investments, financial fraud has evolved into one of the most pressing challenges of our time. Traditional methods of detecting fraud, once sufficient for catching suspicious activity, are now struggling to keep up with the speed and sophistication of modern cybercriminals. To stay ahead, financial institutions are turning to a powerful ally: data science.

E-commerce projected to hit $180b with digital growth

TEHRAN – Iran’s e-commerce is projected to reach 90 quadrillion rials ($180 billion) in the current Iranian calendar year (ends in late March 2026), driven by infrastructure development and digital technologies, the head of the Iranian Information Technology Organization said.