THE globe

CU News From Around the Planet

LONDON—Fintech has gobbled the lion’s share of capital in European tech for the past two years, but after a strong 2021, there are signs that growth might be cooling, a new report suggests. 

LIMA, Peru–The World Council of Credit Unions' (WOCCU) Economic Inclusion Project (EIP), a USAID-funded activity, and the National Federation of Credit Unions of Peru (FENACREP) have launched a new initiative called “The Strengthening Route” to bolster financial inclusion efforts throughout the Peruvian cooperative sector.

TOKYO—The Bank of Japan has completed the first phase of its Central Bank Digital Currency (CBDC) Proof of Concept (PoC) on schedule, and now says it will begin its second phase in April.

SOPOT, Poland–One week after the creation of the Polish American Credit Union Support Fund, more than $62,000 has been donated by U.S. credit unions to help CUs in Poland assist the flood of Ukrainian refugees who have entered the country seeking safety.