In bankruptcy court proceedings last Friday, lawyers for banking-as-a-service provider Synapse Financial Technologies said the company’s remaining employees were working feverishly to restore access ...
From left: Michael Barr, vice chair for supervision at the Federal Reserve; Martin Gruenberg, chairman of the Federal Deposit Insurance Corp.; and Michael Hsu, acting director of the Office of the ...
The prospects for troubled banking-as-a-service startup Synapse have gone from bad to worse this week after a United States Trustee filed an emergency motion on Wednesday. The trustee is asking to ...
Synapse, a banking-as-a-service (BaaS) company, filed for bankruptcy in April of this year after a year of financial and operational challenges, including disputes with its banking partners, two ...
One user said they had “over $60,000” tied up in an account that was unreachable. Another, a single mom, had just bought a home and couldn’t access the funds to make the first mortgage payment. A ...
Payment processor TabaPay said it has agreed to acquire the operating assets of Synapse Financial Technologies, a troubled banking-as-service fintech. According to TabaPay, the sale follows Synapse’s ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results