Jelena McWilliams, former president of the Federal Deposit Insurance Corporation (FDIC), appointed as Chapter 11 trustee in Synapse bankruptcy. © 2021 Bloomberg Finance LP At least...
getty Bankrupt court proceedings last Friday, lawyers for banking services provider Synapse Financial Technologies said the company’s remaining employees are working feverishly to restore thousands of...
getty Federal banking regulators will not intervene to save the thousands of fintech customers who have lost access to their money due to the banking service...
getty The implosion of the banking-as-a-service pioneer Synapse financial technologies is casting a harsh and unflattering light on a key link that has enabled the growth...