MADISON, Wis.–A $100,000 loan reimbursement program made possible by the Worldwide Foundation for Credit Unions’ (WFCU) Ukrainian Credit Union Displacement Fund has already provided targeted aid to 100 farmers facing a food security crisis brought on by Russia’s war in Ukraine, according to WOCCU.
THE globe
CU News From Around the Planet
ESSENDON, Victoria, Australia–A credit union in this country is doing all it can to help Ukrainians in Australia and abroad who have been affected by Russia’s invasion of that country.
LONDON—The U.K.’s interest in fintech companies remains robust despite the global economic slowdown, with investment rising by almost a quarter from the previous year.
BRUSSELS, Belgium—With potential regulation of cryptocurrency on the agenda in Congress, the European Union has created its first rules for tracing transfers of cryptoassets.
BANGUI, Central African Republic—The Central African Republic (CAR) says it is planning to launch its own national digital currency called Sango Coin.
LUXEMBOURG—A European bank focused on cross-border payments is adopting a major U.S. dollar-pegged stablecoin for payment rails.
LONDON—A joint operation involving U.K. intelligence agency Government Communications Headquarters (GCHQ) and the U.K. Ministry of Defense has taken direct action against computer networks used by cyber criminals, helping to protect people against cyberattacks and also making hundreds of thousands of stolen credit cards worthless to the crooks who stole them, according to one new report.
BRUSSELS, Belgium—The European Union is taking steps aimed at making it more difficult for criminals to misuse crypto currencies for criminal purposes.
GLASGOW, Scotland–Credit unions globally have the means to address financial inclusion around the world, improving the lives of countless people, according to one NCUA board member who shared his message with an international audience here.
GLASGOW, Scotland–An expert on women and leadership drew upon her own former career as a credit union executive to share a lesson she learned as she urged other women to make their own “personal calls to courage” and to “not wait to be called upon.