MADISON, Wis.—Worldwide Foundation for Credit Unions (WFCU) said it is extending its Bridge the Gap campaign through 2022.
THE globe
CU News From Around the Planet
MADISON, Wis.–The World Council of Credit Unions (WOCCU) will host a webinar on Feb. 22 titled, “Fostering True Inclusion for Maximum Impact.”
COMACHUÉN, Mexico — Mexico’s remittances — the money Mexican immigrants in the U.S. and other countries send home to their relatives — have soared in the past two years, and are now expected to top $50 billion for the first time once 2021′s figures are added up.
DUBLIN, Ireland–An enormous deficit has been discovered in the pension fund that covers thousands of credit union employees in this country.
LONDON—Britain's payments regulator has fined five payments companies, including Mastercard, a total of 33 million pounds ($45.01 million) for “cartel behavior” involving prepaid cards issued to vulnerable people on welfare benefits.
MADISON, Wis.—The Worldwide Foundation for Credit Unions has introduced Communities of Caring, a new initiative that is seeking to collect stories for a book about the diverse group of people who have benefited from the help of credit unions worldwide.
SEOUL, South Korea—The Bank of Korea is reporting it has successfully completed the first phase of its central bank digital currency (CBDC) mock testing, which started in August 2021.
DUBLIN, Ireland–Credit union funds that have been looking for a home appear to have found some homes looking for funds.
BEIJING, China—The People’s Bank of China has formally released its app for the digital Yuan.
MADISON, Wis.—Sustainable finance will become an increasing area of focus for national-level regulators across the globe in 2022 as financial institutions expand investments in clean energy loans and other environmentally-friendly products, according to a new report from the World Council of Credit Unions (WOCCU).