The Financial Action Task Force (FATF) recently released guidelines intended to increase the transparency of digital asset transactions, as regulators push for greater cryptocurrency oversight. In retail news, the legal cannabis industry is evolving in Colorado with the state’s licensed businesses. And, in brick-and-mortar news, Macy’s is collaborating with DICK’S Sporting Goods as well as landscaping brand Miracle-Gro for its Outdoor STORY experiential retail concept. All This, Today In Data.
2,917: Number of licensed marijuana businesses in Colorado
60 percent: Share of surveyed Asia Pacific banks that do not have fully digital onboarding processes
51 percent: Portion of global businesses that plan to invest more in detecting and preventing financial crime
36: Number of Macy’s locations where the experiential retail concept Outdoor STORY has a presence
30 percent: Share of surveyed financial institutions (FIs) that said at least one of their anti-money laundering (AML) components is “somewhat” or “not at all” effective