THE globe

QUITO, Ecuador—The World Council of Credit Unions is reporting Venezuelan refugees and migrants living in Ecuador now have a greater ability to achieve their financial goals through savings, access to digital services and new products, such as microinsurance, thanks to a collaborative effort by a number of organizations.

WINNIPEG, Canada–Three credit unions in Manitoba are looking to merge and become one.

MADISON, Wis.— The World Council of Credit Unions’ (WOCCU) said it has launched the “Global Credit Union Professionals Online Networking Series.”

MADISON, Wis.— The World Council of Credit Unions’ (WOCCU) said it has launched the “Global Credit Union Professionals Online Networking Series.”

BEIJING — Foreign visitors to China can now spend up to $2,000 a year using the mobile app Alipay without having to register their ID, according to the company.

DUBLIN, Ireland–Ireland’s credit unions are on track to provide €150 million or more in mortgage financing this financial year, which would mark an 18-fold increase in mortgage activity over the past six years, according to a new report.

LONDON—A new report titled, “So, You Think You’re Ready for SEPA Instant?” has found a third of E.U. banks do not currently offer an instant payments service, with the majority saying they have been discouraged by the January 2025 deadline. 

PARIS—Fewer than 30% of jurisdictions around the globe had started regulating the crypto sector as of June 2023, according to  Financial Action Task Force (FATF) President T. Raja Kumar.

McBRIDE, B.C.–A representative of a local credit union here has pitched the CU as a viable option for customers of a Scotiabank branch that is closing. 

MADISON Wis.–Findings have been released from a survey of Ukrainian credit unions that sought to estimate their costs associated with regulatory compliance and prudential requirements