The Federal Deposit Insurance Corp. on Tuesday proposed a new rule forcing banks to keep detailed records for customers of fintech apps after the failure of tech firm Synapse resulted in thousands of ...
The collapse and bankruptcy of BaaS fintech Synapse has revealed how treacherous things are for the often-interdependent fintech world when one key player hits trouble. Synapse operated a service that ...
The Central California bankruptcy court handling the bankruptcy of Synapse, a defunct middleware provider, has granted a motion for a claimant to examine Evolve Bank & Trust, one of Synapse's partner ...
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