AUCKLAND, N.Z.–Henry Lynch, the CEO of Co-op Money NZ, the industry association for credit unions and mutual building societies, has announced plans to leave the organization in April after almost eight years.
CU News From Around the Planet
DUBLIN, Ireland–A review of prize draws by Ireland’s credit unions–a long-time, traditional aspect of this country’s CUs–has found that in approximately 30% of drawings for prizes, the winners are CU employees and directors.
CANBERRA, Australia—Australia's real-time payments platform, which just launched, has sparked privacy concerns.
PURCHASE, N.Y.—One quarter (24%) of Europeans expect to start using “tap and go” contactless payments with a smartwatch, bracelet, keyring or other forms of wearable payments, according to new figures from Mastercard.
KENTVILLE, N.S. The indoor soccer dome here has a new name: The Credit Union Rec Complex.
NEW DELHI, India—The mobile wallet market in India is poised for significant growth as Indian consumers are increasingly turning away from cash and card, according to a new report.
STOCKHOLM, Sweden–The “cashless society” that has long been predicted has arrived in much of this country–and authorities say they are worried over the development.
WASHINGTON–A belief among young women that “I can be anything” has become “I can become everything,” and that has one person concerned about burnout even as she’s encouraged about the future.
NAVRONGO, Ghana–Credit unions in this country are being urged to adhere to strict corporate governance and prudent financial management of the savings and investments of their members.