THE globe

CU News From Around the Planet

INDIANAPOLIS— The president and CEO of Financial Center First Credit Union here, J. Kevin Ryan, and its director of Community Relations, Marco Dominguez, traveled to Colombia to share their credit union’s strategies for helping people improve their lives through financial education.

MADISON, Wis.–The World Council of Credit Unions (WOCCU) has filed a comment letter with the Financial Stability Board noting that while it does not support a regulatory requirement for credit unions to obtain “Legal Entity Identifiers,” it does see some potential value in FASB’s encouragement of the increased use of the identification system.

WARSAW, Poland–Representatives of the Defense Credit Union Council (DCUC) me there with Poland’s National Association of Co-operative Savings and Credit Unions as part of a meeting sponsored by the World Council of Credit Unions (WOCCU).

NEW DELHI, India—Apple has halted plans to bring digital payments to India, thanks in part to regulatory hurdles and challenges in creating a service that works with the UPI platform in the country.