The members of NACHA have elected Steve Ellis, executive vice president of Wells Fargo & Company’s wholesale banking group, as the Chairman of NACHA’s board of directors. Ellis and the new NACHA Board officially began two-year terms on 1 January 2005. “I’m excited about the opportunity to work with representatives across the financial services industry on the evolution of electronic payments,” said Ellis. “NACHA and the ACH Network are well-positioned to assist the payments industry and promote the safety and soundness of the payments system during this evolution. Some current hot topics include check conversion, the impact of the Check 21 legislation, and risk management practices.”
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.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.