News

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 ...
A discussion of the evolving landscape for fintech companies seeking to establish new banks or acquire existing banks, ...
Banks have been returning some funds to fintech customers affected by the Synapse collapse, but a multimillion-dollar discrepancy between how much Synapse says customers are owed and how much the ...
JPMorgan told financial-technology companies that it will start charging fees amounting to hundreds of millions of dollars ...
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 bankruptcy of financial technology company ...
Thousands of Americans will receive little or nothing from savings accounts that were locked during the collapse of fintech middleman Synapse.
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.
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.
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 ...
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 Synapse, which acts ...
The Synapse collapse has revealed fintech’s promise of safety as a mirage. More than 100,000 Americans with $265 million in deposits were locked from accounts.