The collapse and bankruptcy of fintech middleman Synapse in May has left more than 100,000 Americans locked out of a ...

Banking regulators hit companies with penalties for poor interest-rate risk, third-party management, anti-money-laundering ...

Fintechs and their partner banks are keen to hold the industry to high standards of regulatory compliance in the interests of ...

Learn what can happen to customer funds during fintech bankruptcies and how to protect yourself before it's too late.

The Synapse trustee and representatives from AMG, American Bank, and Lineage have not commented on the ongoing efforts. Meanwhile, the FDIC declined to provide additional information. As the ...

Six months after San Francisco-based fintech company Synapse filed for bankruptcy, users are still scrambling to access their money, and about $90 million of customer funds is missing. Many are ...

"It's been sad hearing about people that were like me with tens of thousands of dollars locked away," Abby Ritter told Newsweek.

Synapse Financial Technologies filed for bankruptcy in April 2024 after mishandling transactions between fintech banking apps ...

Matt Levine is a Bloomberg Opinion columnist. A former investment banker at Goldman Sachs, he was a mergers and acquisitions lawyer at Wachtell, Lipton, Rosen & Katz; a clerk for the U.S. Court of ...

From a FEMA deadline extension to Synapse Summit 2025 changing locations, here's the latest from around Tampa Bay. Big ...

The collapse and bankruptcy of fintech middleman Synapse in May has left more than 100,000 Americans locked out of a collective $90 million of their own money, prompting a class action lawsuit.