THE globe

LONDON—The U.K. Treasury is seeking a candidate to direct the government’s strategy for the implementation of a central bank digital currency (CBDC).

MADISON, Wis.—The Worldwide Foundation for Credit Unions’ Global Women’s Leadership Network (GWLN) said it is encouraging industry women to apply for its 2023 GWLN Scholarship to “take advantage of expanded, year-long virtual learning.”

LONDON—2022 was another record year for suspicious activities reports in the U.K, according to the country’s National Crime Agency, which has published the 2022 Suspicious Activity Report (SARs) Annual Report.

MADISON, Wis.—Eight young credit union professionals from four different continents have each received a World Young Credit Union Professionals’ (WYCUP) Scholarship, which includes an all-expense paid trip to credit union events in either Brazil or Canada. 

HAMPSHIRE, U.K.–A new study from Juniper Research is predicting the global spend on B2B cross-border payments will exceed $40 trillion by the end of 2024, up from $37 trillion in 2022. 

LONDON—Some 100% of U.K. financial compliance professionals are re-evaluating their approach to financial crime risk, according to a new report.

NEW YORK–Inclusiv has announced what it is calling “historic funding” into Puerto Rican cooperativas that is designed to strengthen their “recovery and resiliency initiatives.”

NEW YORK—Credit scoring service and marketplace ClearScore has launched a business-to-business unit to help U.K. lenders tap into open banking data for lending decisions. 

MADISON, Wis.—The Worldwide Foundation for Credit Unions and the World Council of Credit Unions have launched a Turkish Cooperative Earthquake Relief Fund to solicit donations in support of Turkey’s cooperative movement, which has suffered mass devastation from the two Feb. 6 earthquakes.

SEOUL, South Korea—Credit unions offering services in the remittance market continue to see their competition increase.