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 ...
The Central California bankruptcy court handling the bankruptcy of Synapse, a defunct middleware provider, has granted a motion for a claimant to examine Evolve Bank & Trust, one of Synapse's partner ...
Unless the new administration squashes it, soon banks and fintechs will need to work with the FDIC's so-called Synapse rule, which would require them to ensure that the balances of custodial deposit ...