Synapse

Evolve to Disburse More Funds Tied to Synapse Bankruptcy

Evolve to Disburse More Funds Tied to Synapse Bankruptcy
Evolve to Disburse More Funds Tied to Synapse Bankruptcy
March 04, 2025  |  Bank Regulation

Evolve Bank & Trust said Tuesday (March 4) that it is set to return some funds to end users impacted by the Synapse bankruptcy but...

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Synapse Collapse Reportedly Target of Criminal Grand Jury Probe
Synapse Collapse Reportedly Target of Criminal Grand Jury Probe
February 20, 2025  |  Legal

A grand jury is reportedly probing criminal conduct at bankrupt FinTech firm Synapse. Get the Full Story Complete the form to unlock this article and...

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Report: FDIC Ramps Up FinTech Scrutiny
Report: FDIC Ramps Up FinTech Scrutiny
December 05, 2024  |  Bank Regulation

The Federal Deposit Insurance Corporation (FDIC) reportedly has begun more closely tracking FinTechs that partner with banks, aiming to spot potential problems before they affect...

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New Evolve Statement: ‘Vast Majority’ of Synapse Funds Are at Other Banks
New Evolve Statement: ‘Vast Majority’ of Synapse Funds Are at Other Banks
November 27, 2024  |  Legal

Evolve Bank & Trust said Wednesday (Nov. 27) that the “vast majority” of end user funds related to the Synapse Financial Technologies bankruptcy that were...

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FDIC Extends Comment Period for Proposed Custodial Account Recordkeeping Rule
FDIC Extends Comment Period for Proposed Custodial Account Recordkeeping Rule
November 18, 2024  |  Regulation

The Federal Deposit Insurance Corp. (FDIC) has extended the public comment period for its proposed rule on recordkeeping for banks’ custodial accounts. Get the Full...

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Synapse BaaS Platform Slated for Bankruptcy Sale
Synapse BaaS Platform Slated for Bankruptcy Sale
October 27, 2024  |  Connected Economy

 The assets of bankrupt Banking-as-a-Service (BaaS) provider Synapse are going up for sale next month. Get the Full Story Complete the form to unlock this...

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