It's been close to a year since Synapse, a Silicon Valley startup that maintained transaction ledgers for fintechs and their bank partners, went bankrupt and it was discovered that customers' money ...
From left: Michael Barr, vice chair for supervision at the Federal Reserve; Martin Gruenberg, chairman of the Federal Deposit Insurance Corp.; and Michael Hsu, acting director of the Office of the ...
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 ...