THE globe

CU News From Around the Planet

MADISON, Wis. — The Global Women’s Leadership Network (GWLN) has opened its annual scholarship program, saying it is offering learning opportunities during 2024 for women in the credit union space to advance leadership skills.

BASEL Switzerland—Faster payments have the potential to vastly improve cross-border payments, particularly across retail payments and remittances, according to a new analysis.

MADISON, Wis. — The World Young Credit Union Professional Network (WYCUP) has opened the annual WYCUP scholarship program, saying it is offering two “exciting opportunities to advance leadership skills for emerging leaders” during 2024. 

OTTOWA, Canada—The role a central bank digital currency (CBDC) would play in improving financial inclusion, digital inclusion, and accessibility has been explored in a recent study conducted by the Bank of Canada. 

BASEL, Switzerland—The Bank for International Settlements (BIS) has released its final report on a pilot involving the use of wholesale central bank digital currencies (CBDCs) to settle cross-border and foreign exchange (FX) transactions.