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 ...

Jelena McWilliams, former chairman of the Federal Deposit Insurance Corporation (FDIC), appointed as Chapter 11 trustee in Synapse bankruptcy. At least 200,000 individual fintech customers have lost ...

Tens of thousands of customers have already lost access to more than $114 million of their own funds, as banking-as-a-service business comes under scrutiny. The implosion of banking-as-a-service ...

Banks involved in the mess caused by the collapse of fintech middleman Synapse have made progress piecing together account information for customers that could result in a release of funds in a matter ...

The chaotic bankruptcy of a middleware platform called Synapse has impacted numerous fintech companies, whose users are locked out of their savings. One user said they had “over $60,000” tied up in an ...