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FTI Says US Online Retail Sales Likely To Surpass $1 Trillion By 2027

PYMNTS

The business advisory firm FTI Consulting has forecasted that online retail sales in the United States will top $1 trillion by 2027 , CNBC reports. Another report by retail industry group the National Retail Federation (NRF) suggests non-store sales, which include sales processed online, will expand this year as well.

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China Creates National Cyberattack Database

PYMNTS

China revealed that it is creating a national cyberattack database and will require telecom firms, internet companies and domain name providers to report any threats to it.

National 174
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UAE augments financial crime regulations with AML strategy

The Paypers

As part of the government’s 2024-2027 National Strategy for AML, CFT, and Proliferation Financing, the United Arab Emirates (UAE) has introduced new regulations to mitigate financial crime.

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 Fintech secures jersey partnership with Minnesota Timberwolves

American Banker

Minneapolis-based buy now/pay later fintech Sezzle has partnered with the Minnesota Timberwolves of the National Basketball Association to have its brand represented on uniforms until 2027.

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OCC Highlights, AML & CRA Risks

Perficient

The effective date of the new rule is April 1, 2024, with key provisions taking effect on January 1, 2026, and January 1, 2027. Banks  Banks need to plan for these changes and begin to implement management processes to address the potential impact of the rule on their systems and resources.

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Today In Data: All Digital, All The Time, Everywhere

PYMNTS

trillion: Estimated value of the global digital payments market by 2027. 60: Approximate number of nations that, as of November 2018, were pursuing a digital identity plan. 100 million: The expected installed base for smart speakers by the end of 2018 – 2.5 times the installed base at the same time in 2017.

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Office Lending – Here is Why It is Not as Bad as The Market Thinks

South State Correspondent

Between now and the end of 2027, it is estimated that $2.2T If you add these metrics, office attendance has stabilized nationally and started to trend higher in 2024. Groundbreakings declined to below 300,000 square feet in the nation, the lowest volume on record. of office loans is coming due. Current usage is pegged at 61.7%.

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