THE globe

DUBLIN, Ireland—The Irish government has launched a public consultation on a future national payments strategy (NPS). 

MADISON, Wis.– Nominations are open for World Council of Credit Unions’ (WOCCU) 2024 Digital Growth Award, which will recognize one or more member credit union associations or individual member credit unions for successfully working toward the association’s Challenge 2025 goal of expanding digital transformation across the globe.  

WASHINGTON—The managing director of the International Monetary Fund (IMF) is raising concerns about the potential risks of cryptocurrencies

WASHINGTON—Remittances to low- and middle-income countries (LMICs) grew an estimated 3.8% in 2023, a moderation from the high gains of the previous two years, the World Bank is reporting. 

LONDON—The British government has pledged to probe banking troubles faced by crypto companies with “lawmakers focused on the issue,” according to a new report.

MADISON, Wis.—Nominations are now open for World Council of Credit Unions’ 2024 Distinguished Service Award (DSA). 

WASHINGTON—Remittance flows to Latin America and the Caribbean are expected to experience 8% growth in 2023, reaching a “staggering” $156 billion, according to new research from the World Bank.

NEW YORK—In what some have called a historic move, the United Nations has voted to establish a global digital currency in a bid to reduce economic disparities and promote financial inclusion worldwide. 

LONDON—The U.K.’s Financial Conduct Authority (FCA) has proposed a new set of rules aimed at protecting access to cash for consumers and businesses as digital payments continue to rise.

BASEL, Switzerland—Global money laundering and terrorist financing risks continue to escalate, according to the 2023 Basel Anti-Money Laundering (AML) Index.