CU News From Around the Planet
MADISON, Wis.—More than 200 credit union professionals attended the Worldwide Foundation for Credit Unions’ Virtual Champions Celebration, during which they learned how their financial support has helped credit unions worldwide over the past year and how the 2021 Bridge the Gap Campaign will continue that effort going forward.
MADISON, Wis.–The World Council of Credit Unions has named four “distinguished speakers” for its upcoming 2021 World Credit Union Conference.
BEIJING, China–China is charging ahead with a bold effort to remake the way that government-backed money works by rolling out its own digital currency with different qualities than cash or digital deposits, according to a new report.
LONDON—Smartphone payments such as Apple and Google Pay were used for more online purchases last year in Britain than physical debit cards, a new report reveals.
DUBLIN, Ohio–The Bank of Ireland has confirmed plans to close 103 branches in the country, as it seeks to reduce its branch network by one third in the Republic of Ireland and by one-half in Northern Ireland and instead shift toward digital delivery of services.
PARIS—The European Banking Authority has published its final revised guidelines on money laundering and terrorist financing risk factors.
MADISON, Wis.—The Global Women’s Leadership Network (GWLN) is encouraging industry women to apply for a 2021 GWLN Scholarship, with the application process now open.
SAULT STE. MARIE, Ontario–Northern Credit Union here said it plans to consolidate seven branches into larger locations as digital and other online solutions prove popular with customers.
MADISON, Wis.—More than 50 young credit union professionals from 20 countries participated in the first World Council Young Credit Union Professionals (WYCUP) Affiliates Council meeting, signaling an “important new chapter of cooperation among young professional (YP) networks across the globe,” the organization said.
DUBLIN, Ireland–CUSOP, a credit union-owned electronic payments company backed by the Irish League of Credit Unions, is getting closer to launching a new debit card for credit unions.
