James R. Fugitte, President and CEO, Fort Knox National Company was elected to the Mid-America Payment Exchange (MPX) Board of Directors at their annual meeting in June. MPX is a regional, not-for-profit electronic payments association headquartered in Kansas City, MO. Fugitte has been President and CEO of Fort Knox National Company since January 1986. He was formerly employed by the Federal Deposit Insurance Corporation, Citizens Bank of Jackson, KY and served as President of the Citizens Bank of Elizabethtown, KY. MPX is the largest regional payments association providing information, education, and leadership regarding the Automated Clearing House (ACH) Network and other related electronic payment solutions. MPX, established in 1974, serves over 1900 financial institutions as well as businesses and consumers throughout nine states in the central United States. The mission of MPX is to support payment system participants in improving operational efficiency, reducing risk and maximizing profitability through the use of electronic payments.
UK firms investment in training and development will increase, on average, by a fifth in the next year, claims Robert Half recruitment after interviewing 100 financial services (FS) executives.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.