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NEW YORK—Big banks continue to respond to new competition from fintechs, the latest being Citigroup, which has announced its plans to develop its own consumer-payments platform that would allow payments from many of the world’s most popular digital wallets.

MARHANETS, Ukraine—The World Council of Credit Unions (WOCCU) is reporting it has added a sixth Ukrainian credit union to its Credit for Agriculture Producers (CAP) Project pilot program for strengthening credit unions in the country. WOCCU said it has signed a Memorandum of Cooperation with Yednannya cherez Pryodnyi Zakon (Unity through Law of Nature), a credit union based in Marhanets, Ukraine.