THE globe

WASHINGTON–The CEO of the World Council of Credit Unions (WOCCU) offered an update to credit union on global issues ranging from digital central bank currencies to open banking and sustainable finance.

WASHINGTON–During a breakout session at America’s Credit Unions’ GAC, attendees were given an update on how international advocacy and other efforts by credit unions have boosted inclusion.

VANCOUVER, B.C.--Community Savings Credit Union here has launched pre-approved business credit cards for its cannabis membership.

WASHINGTON–Credit union leaders gathered here were offered updates on events in other parts of the globe as part of Cooperative Voices event hosted by the Worldwide Foundation

MADISON, Wis.—The World Council of Credit Unions (WOCCU) said it has started 2024 by adding two new member organizations: Moldova’s Central National Association of Savings and Credit Associations (CNASCA) as a direct member, and Cresol Confederation as a second associate member from Brazil.

LONDON— An analysis of more than 1,600 anti-money laundering (AML) events recorded across the U.K. in the last decade shows, perhaps not surprisingly, that money laundering is the most prevalent issue (27.5%).

LONDON–Credit unions in this country are at a crossroads, according to a new report.

COCHRANE, Alberta–During the credit union’s annual meeting, the CEO of one CU here was faced with members demanding answers over the sponsorship of an event that featured former Fox News commentator Tucker Carlson, saying it was part of a broader effort  to expand its membership in socially conservative circles.

BEIJING, China—China said it is revising its anti-money laundering laws to include stringent measures against cryptocurrency-related transactions.

DUNDRUM, Ireland–The Central Bank is probing an IT outage at one of this country’s largest credit unions after members were left unable to access their online accounts for days.