THE globe

LONDON— The government of the United Kingdom has released a new three-year plan for combating corruption and economic crimes.

PARADISE ISLAND, Bahamas–—The World Council of Credit Unions has named two new board members. The changes were announced during WOCCU’s World CU Conference.

PARADISE ISLAND, Bahamas—The World Council of Credit Unions and Visa have announced a partnership to bring enhanced mobile capability to credit unions in Kenya.

MANILLA, Philippines–A Worldwide Foundation of Credit Unions’ project aimed at designing interoperable, open-loop, low-cost, real-time payment platforms for its network of credit unions across Asia was the subject of two workshops here and in Indonesia.

LONDON—U.K. fintech startups have reached a record level of $2.9 billion of funding in the first half of this year across a total of 123 deals. 

NAIROBI, Kenya–This country’s largest cooperative bank has agreed to bail out one of the country’s largest credit unions, which has been having liquidity issues in recent months.

BASEL, Switzerland—The head of the Bank for International Settlements is predicting central banks' digital currencies (CBDC) may become a reality more quickly than many expect. 

LONDON—A G7 taskforce is being created to examine how central banks can regulate cryptocurrencies such as Facebook’s Libra, a new report indicates.

WASHINGTON–A credit union delegation and a former member of Congress that met with USAID here about increasing funding.