MADISON, Wis.–The World Council of Credit Unions is encouraging its member associations and credit unions to apply for its 2022 Digital Growth Award, which will recognize one or more member credit union associations or individual member credit unions for successfully working toward its Challenge 2025 goal of “expanding digital transformation across the globe.”
According to WOCCU, nominees must show they have implemented a digital solution(s) that is:
- Inclusive: It expanded financial inclusion by reaching members of underserved communities.
- Innovative: It was groundbreaking for the organization by reducing costs, streamlining operations or improving member experience.
- Scalable: It can be scaled up for use or replication by other credit union associations or credit unions in the applicant’s country or region.
"All nominations will be reviewed by an independent panel of judges who are at the forefront of fintech innovation and development,” said World Council President and CEO Elissa McCarter LaBorde. “We encourage applicants to demonstrate how their digital solutions help reach underserved populations and can contribute to how our global credit union community leads in the future."
First Award in 2021
WOCCU noted it presented the first Digital Growth Award in 2021 to the Asian Confederation of Credit Unions (ACCU), the Philippine Federation of Credit Cooperatives (PFCCO) and the National Association of Credit Cooperatives (NATCCO - Philippines) for their collaborative work on the Kaya Payment Platform.
2022 nominations must be submitted by a World Council member association by 5:00 p.m. (17:00) U.S. Central Standard Time on April 1.
Digital Growth Award recipients will be recognized at World Council’s Annual General Meeting on Monday, July 18, at the 2022 World Credit Union Conference in Glasgow, Scotland.
For additional information, click here.
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