THE globe

CORK, Ireland–Two Irish credit unions that have completed a merger have also unveiled their new name.

MADISON, Wis.—The Worldwide Foundation for Credit Unions has launched a new fundraising campaign to raise $500,000 for a credit union lending program aimed at providing accessible business loans to Ukrainian veterans and their families. 

MADISON, Wis.—The World Council of Credit Unions’ (WOCCU) is calling on the G20 to adopt language in its 2024 Leaders’ Declaration that embraces a proportional tailoring of regulations that will enable credit unions to continue increasing financial inclusion across the globe.

BASEL, Switzerland—The Financial Stability Institute, part of the Bank for International Settlements (BIS), has published a review of stablecoin regulations across several jurisdictions,. 

MADISON, Wis.—The Worldwide Foundation for Credit Unions (WFCU) and the World Council of Credit Unions (WOCCU) have launched a Brazilian Flood Relief Fund to solicit donations in support of the credit union movement in Brazil, which has faced “unprecedented devastation this month from flooding and overflowing rivers in the state of Rio Grande do Sul.”

MADISON, Wis.—The Worldwide Foundation for Credit Unions has announced that on July 23 it will recognize 25 awardees from four continents as the International Credit Union Development Educator (ICUDE) Class of 2024 at the Global DE Social event held in conjunction with the 2024 World Credit Union Conference (WCUC 2024) in Boston.

LOS ANGELES — Remittances to Latin American countries and the Caribbean have surged to historic highs, with Mexico standing out as the highest recipient globally, according to a new report from the World Bank. 

BASEL, Switzerland—The Bank for International Settlements (BIS) has joined with seven central banks in announcing plans to join forces with the private sector in exploring how tokenization can enhance the functioning of the monetary system.

WINNIPEG, Canada–Access Credit Union here has announced it will be returning $13.5 million to its more than 200,000 members. The announcement was made during the $12.38(C) CU’s annual meeting. 

MADISON, Wis.–The World Council of Credit Union sis reporting that toolkit developed as part of its Technology and Innovation for Financial Inclusion (TIFI) Project and partner credit unions has led to the distribution of 1,767 loans worth $41 million to small and medium enterprises (SMEs) in four countries.