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 ...
Abrupt shutdown of financial middleman Synapse has frozen thousands of Americans' deposits The bank accounts of tens of thousands of U.S. businesses and consumers have been frozen in the aftermath of ...
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, ...
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 ...