Key insight: Former Synapse Brokerage executives have been charged with misconduct. What's at stake: Banking-as-a-service relationships between banks and fintechs have come under scrutiny, in part ...
The Consumer Financial Protection Bureau has been investigating Synapse Technology's business practices and is preparing to file a complaint against Synapse alleging unfair acts or practices, ...
(Bloomberg) -- Imagine putting your savings into a digital bank, not thinking about it, and waking up one day to find it inaccessible. That nightmarish scenario is exactly what happened to more than ...
In a move to address consumer financial protection, the Consumer Financial Protection Bureau (CFPB) has initiated legal proceedings against Synapse Financial Technologies, a now-bankrupt fintech ...
A trustee for bankrupt financial-technology firm Synapse Financial Technologies Inc. has asked to convert its Chapter 11 case into liquidation, or dismiss the matter entirely, after the fintech failed ...
The Financial Industry Regulatory Authority (FINRA) has launched an investigation into allegations of misconduct by former executives of Synapse Financial Technologies Inc., a now-defunct fintech ...
Another financial watchdog is investigating misconduct allegations against executives at Synapse Financial Technologies Inc., the failed financial-technology firm whose collapse left customers locked ...
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