THE globe

NEW YORK— The global digital remittance market is forecast to reach $23.4 billion in 2024.

BOSTON–The good news: Financial institutions have only begun to scratch the surface of generative AI. The bad news? So have fraudsters.

BOSTON–The World Council of Credit Unions’ new chairman said that when working together the combined power of CUs is a very effective door opener.

BOSTON—The findings from a new report, Insights from Credit Unions on Financial Inclusion for Migrants and Refugees, were shared during a panel discussion as part of the 2024 World Credit Union Conference here.

BOSTON–Credit unions here were offered some insights into one of the most pressing issues of the day—attracting and retaining talent “in a new era.”

BOSTON–Talk about a presentation that could not have been any more fitting—or ironic.

BOSTON—The degree to which credit unions—regardless of country or even continent—are seeking to attract younger members was apparent during a session during the World Credit Union Conference here.

MADISON, Wis—The Worldwide Foundation for Credit Unions (WFCU) has pledged $5,000 through its Project Storm Break initiative to assist the Caribbean Confederation of Credit Unions’ (CCCU) Development Foundation’s appeal to provide support to credit union communities affected by Hurricane Beryl. 

FRANKFURT, Germany—The European Central Bank (ECB) has released its first progress report on developing a central bank digital currency (CBDC).

MILAN, Italy—Mesh, a U.S.-based fintech company specializing in integrations with over 300 leading exchanges and wallets, and fintech Conio have launched Europe’s first open banking solution for Bitcoin.