Emerging credit union leaders under the age of 40 and women of any age are invited to apply for a new fellowship program that will designate one person
MADISON, Wis.—Emerging credit union leaders under the age of 40 and women of any age are invited to apply for a new fellowship program that will designate one person from each of those categories as “Observers” on the World Council of Credit Unions’ (WOCCU) Board of Directors.
World Council of Credit Unions President/CEO Elissa McCarter LaBorde is visiting Poland this week to meet with Ukrainian and Polish credit union leaders
Marshall Boutwell Honored for Support of Polish Credit Union Movement | World Council of Credit Unions woccu.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from woccu.org Daily Mail and Mail on Sunday newspapers.
Michael Lawrence, COBA CEO and World Council Board Treasurer
Ready or not, credit unions down under are already preparing for the cost, compliance and cybersecurity issues that open banking poses, due to an aggressive approach from Australia’s federal government.
Michael Lawrence, CEO of the Customer Owned Banking Association (COBA), showed a global credit union audience just how far ahead Australia is on open banking especially when compared to other countries during a recent World Council webinar on the subject.
“In November 2017, the Australian Government announced the Consumer Data Right (CDR) here in Australia, giving consumers more access to and control over their data which traditionally had always sat inside banking institutions, and had really been at the discretion of the banking institution as opposed to being at the control of the individual customer,” said Lawrence, who also serves as Treasurer of World Council’s Board of Directors.