EDINBURGH, Scotland–Actor Michael Sheen, known for his roles in Frost/Nixon and the Showtime series Masters of Sex, was on hand here to help open a credit union that operates as Castle Community Bank.
THE globe
CU News From Around the Planet
LONDON–The United Kingdom is budgeting new funding to tackle unlawful lending, where payday loans and loan sharking are common, especially in lower-income communities.
TORONTO–The Canadian Credit Union Association (CCUA) has announced the recipients of the 2018 National Credit Union Awards.
LONDON—More than four in 10 U.K. businesses have suffered a cyberattack over the last year, according to government research.
WODONGA, Victoria, Australia–In a highly unusual development related to credit union board elections, one man here has been charged with fraudulent voting for allegedly hacking into a computer to change the results.
SHANGHAI, China—In a move that indicates what could be in store for U.S. mobile payments—more competition from China—UnionPay International is expanding the acceptance scope of the UnionPay app outside mainland China.
LONDON–A number of U.K. credit unions have received funds from Lloyds Banking Group. The awards range from £100,000 to £5,800.
MADISON, Wis.—The World Council of Credit Unions urged the Financial Action Task Force (FATF) during the FATF’s Private Sector Consultative Forum at the United Nations Office on Drugs and Crime in Vienna to increase engagement with the private sector during evaluations of national anti-money laundering/countering the financing of terrorism (AML/CFT) regulations.
SHEFFIELD, U.K.–The personal data of about 15,000 members of a credit union here has been stolen in a cyber attack.Sheffield Credit Union (SCU) has confirmed that information including names, addresses, national insurance numbers and bank details had been accessed.
STOCKHOLM, Sweden—India and Sweden are working toward setting up a common task force on cybersecurity, where both the countries will join hands to find innovative solutions to combat threats looming the cyberspace.
