JERUSALEM—An Israeli inter-ministerial team is recommending the establishment of a regulatory sandbox for fintech startups, intended to provide early stage companies with regulatory mentoring and time-limited exemptions.
THE globe
CU News From Around the Planet
MADISON, Wis.–A WOCCU-backed project along the troubled border of Columbia and Venezuela is exceeding its objectives, according to the organization.
MADISON, Wis.—The World Council of Credit Unions has launched what it said is a more user-friendly homepage at www.woccu.org, featuringthe services it provides to credit unions around the world, as well the latest news and events important to each of those focus areas.
WASHINGTON—There needs to be a level playing field for small contractors, including credit unions, when it comes to how the U.S. Agency for International Development (USAID) prioritizes procurement reforms, according to the World Council of Credit Unions and CUNA.
DUBLIN, Ireland–Ireland has seen a “spate of mergers” that has led to a doubling in the number of what are considered “large” credit unions in the country, but the merged institutions have only “marginally improved” their financial performance, according to a new report.
OTTOWA, Canada—A year after Canada legalized recreational pot in full, the country’s experience offers insights into how similar decisions in other countries could play out.
NEW YORK–A new report from the United Nations suggests so-called “regulatory sandboxes” are “either necessary nor sufficient to promote financial inclusion, and similar results can be achieved through innovation offices and other tools.”
MADISON, Wis.— A project has been launched to design interoperable, open-loop, low-cost, real-time payment platforms for a network of credit unions across Asia by the Worldwide Foundation for Credit Unions, the social impact affiliate of the World Council of Credit Unions (WOCCU).
EDINBURGH, Scotland—Scotland’s government has announced it will extend and provide additional funding to a program that seeks to turn young people into savers at credit unions.
VANCOUVER, B.C.–Vancity Credit Union has released a report that examines what kind of job residents of British Columbia are doing in reducing solid waste and diverting materials to recycling and compost facilities.