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Making Sense of For Benefit Accounts (FBOs) and FinTech’s Future
PYMNTS.com· 10 hours agoThe recent Synapse bankruptcy represents one of the biggest implosions in the FinTech sector’s...
QED Investor’s Gerety Says BaaS Model May Be Stronger Without Synapse
PYMNTS.com· 18 hours ago“If something serious has gone wrong, it’s because many different things went wrong first,” Gerety...
Could brain-like computers be a 'competition killer'?
BBC via AOL· 3 hours agoSome firms certainly think so, and are drawing on the structure and function of an organ which uses...
Synapse expects "most" reconciliation in next two weeks
Axios· 3 days agoSynapse should be able to reconcile most of its accounts in the next two weeks, its trustee wrote...
Synapse trustee McWilliams finds $85M gap in frozen funds
Banking Dive via Yahoo Finance· 5 days agoPartner banks of the bankrupt fintech middleman hold roughly $180 million in demand deposit and...
Is Your Money Really Safe In An ‘FDIC-Insured’ Fintech Account?
Forbes· 21 hours agoNow the Scotts are among 200,000 or so fintech customers—including 85,000 from Yotta—who have been...
Synapse’s Specter of Commingled Funds Points to Issues in FinTech, BaaS Governance
PYMNTS.com· 5 days agoCase in point: As noted in this post on X (formerly Twitter) from Jason Mikula of FinTech Business...
Robotics startup cofounded by Synapse CEO is raising funds with exaggerated claims about GM ties
CNBC· 5 days agoA humanoid robotics startup cofounded by the CEO of bankrupt fintech firm Synapse has canvassed...
Will Evolve’s ‘Cease and Desist’ Order Chill Bank and FinTech Partnerships?
PYMNTS.com· 11 hours agoIn addition to a series of corrective measures — focused on shoring up what have been termed...
Gateway - The Root
The Root· 1 hour agoMarlon Wayans is still that wild child from White Chicks and The Wayans Bros., but over the last few years he’s raised his artistic level, using his comedy to tackle serious issues. The actor ...
