NEW YORK — The bank accounts of tens of thousands of U.S. businesses and consumers have been frozen in the aftermath of the abrupt shutdown and bankruptcy of financial technology company ...

JPMorgan told financial-technology companies that it will start charging fees amounting to hundreds of millions of dollars ...

By KEN SWEET (AP Business Writer) NEW YORK (AP) — The bank accounts of tens of thousands of U.S. businesses and consumers have been frozen in the aftermath of the abrupt shutdown and bankrupt… ...

BaaS 2.0 must feature a more bank-centric approach, writes Trent Sorbe, of First International Bank & Trust. The aftermath of Synapse's collapse earlier this year has left fintech and banking pundits ...

A discussion of the evolving landscape for fintech companies seeking to establish new banks or acquire existing banks, ...

The collapse of middleman Synapse has revealed fintech's promise of safety as a mirage. More than 100,000 Americans with $265 million in deposits have been locked out of their accounts. The ...

FDIC proposes banks identify beneficial owners of fintech accounts Synapse Financial's bankruptcy led to freezing of thousands of accounts DOJ withdraws 1995 bank merger guidelines in favor of ...

Thousands of Americans will receive little or nothing from savings accounts that were locked during the collapse of fintech middleman Synapse. Customers believed the accounts were backed by the ...

Major US banks like Citi and Capital One are outsourcing to H-1B middleman firms which game the visa lottery system to hire thousands of lower paid workers.

Synapse filed for Chapter 11 bankruptcy protection in April and has shut down its services to some of its fintech or bank partners, leading to accounts being frozen or showing funds not existing ...

In order to operate this way, fintech companies often need a middleman between the fintech company and the bank that can do the bookkeeping necessary to make sure customer accounts are credited ...