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You’ve probably come across the word “phygital.” In marketing, it refers to blending the physical and digital worlds to create enhanced customer experience. In excise management, the principle is the same: combining the physical security of traditional tax stamps with the digital intelligence of traceability and authentication systems to better protect revenues, consumers, and markets. …

How Governments Can Fight Back   By Jeremy Stilman and Cecília Iwamoto  Illicit trade, often operating in the shadows of global economies, may seem intangible, but its consequences are all too real. Beyond lost tax revenue, it fuels crime, undermines public safety, strains healthcare systems, and erodes trust in institutions. The burden falls heaviest…