THE globe

CU News From Around the Planet

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.

TORONTO–The Canadian Credit Union Association (CCUA) has announced the recipients of the 2018 National Credit Union Awards.

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.

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.