Sankaet Pathak is the founder of Synapse, which filed for bankruptcy. A banking-as-a-service middleware platform's slide into bankruptcy is another sign of trouble for this business model, where ...
Researchers have developed a 3D model of synapses, and it is a form of imaging that explores more how cells communicate with each other that have massive applications in the medical industry. One of ...
The collapse and bankruptcy of BaaS fintech Synapse has revealed how treacherous things are for the often-interdependent fintech world when one key player hits trouble. Synapse operated a service that ...
Over the past decade, dozens of financial-technology companies have linked up with small and midsize banks across the country. The idea: The fintechs would create slick smartphone apps and offer ...
This is the first of three articles focused on a key question: as bank-fintech partnerships continue to play a vital role in driving financial services, how does the industry make this system safer ...
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 ...
A group of senators has banded together to urge Synapse’s owners and bank and fintech partners to “immediately restore customers’ access to their money.” As part of their demands, the senators ...