SYDNEY NSW, Australia–Peer-to-peer lending platform Society One said it has completed another round of funding, including $25 million in equity from several traditional financial institutions, among them a credit union.
THE globe
CU News From Around the Planet
BRUSSELS —The European Parliament Credit Union Interest Group, a caucus for members of the European Parliament, met with credit union leaders at the European Parliament's Espace Leopold to discuss how digital credit union services can provide European consumers with greater access to loans, savings and payments services at fair rates.
BRIDGETOWN, Barbados–Barbados Public Workers’ Co-operative Credit Union Limited (BPWCCUL) here is celebrating its 46th anniversary.
VIENNA — The World Council of Credit Unions (World Council) made oral comments on how updated guidance from the Financial Action Task Force can help credit unions preserve access to correspondent banking services.
BRISBANE, Australia–A credit union here is proposing to merge with the Royal Automobile Club of Queensland as part of an effort to expand its offerings and market area and to respond to a financial landscape in Australia that is dominated by four large banks that control 78% of the retail market.
LONDON–The Association of British Credit Unions (Abcul) hosted a group of credit unions from the state of Georgia as part of an information exchange.
BRISBANE, Australia–Auswide Bank has cleared a final hurdle as it moves forward with purchasing a credit union here.
EDINBORO, Scotland–Membership in Scotland’s credit unions is picking up pace. About 250 people a week are joining credit unions in the country.
TORONTO–Financeit, a cloud-based point-of-sale financing platform, said it has entered into a strategic funding collaboration with Concentra, a provider of wholesale finance and trust solutions to Canada's credit unions.
SYDNEY, Canada - A bylaw amendment offering Sydney Credit Union members a variety of ways to vote — including casting ballots online — has been delayed until next year’s annual general meeting.
