Building beyond the core ceiling: how open-close architecture enables a 2040-ready core
Imagine your core banking system as a Jenga tower. With each change in product, integration, or compliance, it feels like you’re pulling out another block, hoping the tower doesn’t fall. As the tower grows, each move becomes increasingly governed by fear rather than ambition. For many banks, this is the reality of hitting the “core […]
Hume Bank CEO quits
Stephen Capello Steps Down as CEO of Hume Bank After eight years at the helm of Hume Bank, Stephen Capello has announced his resignation. His tenure as CEO has seen the bank increase its investment in local communities and maintain a strong presence in its region, boasting a branch network larger than the combined strength […]
Business owners who leave succession for later regret it
Family business owners need help with succession planning, so financial advisors must embrace that role by stepping in to fill a damaging void, according to experts. Processing Content The sheer potential size of that vacuum is causing registered investment advisory firms and other wealth management companies to invest in services to assist planners in guiding […]
MoCaFi files for bankruptcy | Banking Dive
MoCaFi Files for Bankruptcy: A Closer Look at the Financial Empowerment Fintech MoCaFi, a financial empowerment fintech focused on the unbanked and underbanked communities, recently filed for Chapter 7 bankruptcy and has initiated the liquidation process. The Rise and Fall of MoCaFi Short for Mobility Capital Finance, MoCaFi was founded 11 years ago by Wole […]