The Federal Reserve Board of Governors has created a new oversight team specifically tasked with overseeing the new activities. Stefanie Reynolds/Bloomberg Federal regulators have taken a...
From left: Michael Barr, vice president for oversight at the Federal Reserve; Martin Gruenberg, president of the Federal Deposit Insurance Corp.; and Michael Hsu, acting director...
Jelena McWilliams, a bankruptcy trustee at Synapse Financial and former president of the Federal Deposit Insurance Corp., said the fintech middleware company’s bankruptcy in April was...
The Federal Reserve issued a cease-and-desist order Friday morning against Evolve Bancorp tied largely to its fintech banking partnerships, which include the now-shuttered Synapse Financial. Bloomberg...
