July 15, 2024 7:00 AM ET|WSJ Pro For months now, thousands of consumers have been unable to access money they thought was safely deposited in banks....
The recent Synapse failure represents one of the largest implosions in the history of the FinTech sector. The ongoing chaos on the Banking-as-a-Service (BaaS) platform has...
THE Federal Reserve Board issued a “cease and desist” order against Evolve Bancorp and its subsidiary, Evolve Bank & Trust, which could have a chilling effect...
If there is one guarantee in FinTech, and particularly in banking as a service, it is that there will be more regulations. There is likely to...
The bank accounts of tens of thousands of U.S. businesses and consumers were frozen following the abrupt shutdown failure of financial technology company Synapse, which acts...
The bank accounts of tens of thousands of US businesses and consumers have been frozen following the sudden closure and bankruptcy of financial technology company Synapse,...
getty Federal banking regulators will not intervene to save the thousands of fintech customers who have lost access to their money due to the banking service...