THE globe

BEIJING, China—Asia’s two biggest economies are tackling various aspects of payments.

LONDON—The European Union's banking watchdog has set out a "roadmap" to help plug gaps in how the rapidly evolving financial technology sector is regulated, but urged caution in tackling cryptocurrencies.

MADISON, Wis.–The World Council of Credit Unions is urging the Basel, Switzerland-based International Association of Deposit Insurers to look to credit union insurance funds around the world as it seeks comment on its draft research paper “Deposit Insurance Fund Target Ratios.”

HARARE, Zimbabwe—Monetary transactions in the Zimbabwean economy are now dominated by electronic payment systems with more than 96% of local transactions now being conducted through plastic, Internet and mobile money.

OLDS, Alberta–The likes of Amazon and Google are driving two large credit unions here to consider a merger.

WASHINGTON—The World Council of Credit Unions has filed a comment letter with the Basel Committee on Banking Supervision’s regarding the discussion paper “The Regulatory Treatment of Sovereign Exposures.”

NAIROBI, Kenya—Google has integrated Kenya’s primary mobile payment service M-Pesa into its Google Play store as an alternative mode of payment—assisting African consumers without credit cards.

AUCKLAND, N.Z.–Henry Lynch, the CEO of Co-op Money NZ, the industry association for credit unions and mutual building societies, has announced plans to leave the organization in April after almost eight years.

DUBLIN, Ireland–A review of prize draws by Ireland’s credit unions–a long-time, traditional aspect of this country’s CUs–has found that in approximately 30% of drawings for prizes, the winners are CU employees and directors.

CANBERRA, Australia—Australia's real-time payments platform, which just launched, has sparked privacy concerns.