CU News From Around the Planet
MADISON, Wis.—The United States Agency for International Development (USAID) has extended the flagship project of its Venezuela Regional Response Program through May 2026, awarding $14 million to World Council of Credit Unions (WOCCU) to continue implementation of the Economic Inclusion Project (EIP) in Peru and Ecuador on a much larger scale, according to WOCCU.
MADISON, Wis.—The Worldwide Foundation for Credit Unions (WFCU) has announced that on July 25 it will recognize 18 people from seven countries as the International Credit Union Development Educator (I-CUDE) Class of 2023 at a special event held in conjunction with the 2023 World Credit Union Conference in Vancouver, B.C.
CAPE TOWN, Africa—Mobile money services are growing faster than anticipated worldwide, particularly in Africa, a new report reveals.
LVIV, Ukraine—Representatives of the Deposit Guarantee Fund (DGF) of Ukraine have presented an initial concept for a deposit guarantee system for credit union members in this country.
QUITO, Ecuador—The USAID/World Council of Credit Unions’ (WOCCU) Economic Inclusion Project (EIP) in April joined Transactional Network of Credit Unions (Coonecta) and the Ecuadorian Integration Network of Credit Unions (ICORED) to launch the Financial Education Network in Ecuador, according to the World Council of Credit Unions.
PURCHASE, N.Y.—Mastercard has introduced new payment solutions for women entrepreneurs in one part of the world.
LONDON—The United Kingdom’s Financial Conduct Authority (FCA) said it will increase its use of data to better identify which firms are more susceptible to receiving the proceeds of fraud.
LONDON–A new survey has found more than a quarter of the world’s citizens have used mobile payments, a number expected to rise to about a third in 2024, according to a new survey.
CARDIFF, Wales–The government of Wales said it is providing an additional £600,000 in funding for credit unions to support ethical and affordable lending during cost of living crisis
MADISON, Wis.—The World Council of Credit Unions (WOCCU) is reporting that climate action donations from its 2023 World Credit Union Conference (WCUC) attendees will go toward a cooperative-owned initiative to restore and reforest 3,500 hectares (8,649 acres) of degraded pastureland in rural Colombia.
