Abrupt shutdown of financial middleman Synapse has frozen thousands of Americans' deposits The bank accounts of tens of thousands of U.S. businesses and consumers have been frozen in the aftermath of ...

In a move to address consumer financial protection, the Consumer Financial Protection Bureau (CFPB) has initiated legal proceedings against Synapse Financial Technologies, a now-bankrupt fintech ...

(Bloomberg) -- Imagine putting your savings into a digital bank, not thinking about it, and waking up one day to find it inaccessible. That nightmarish scenario is exactly what happened to more than ...

The Financial Industry Regulatory Authority (FINRA) has launched an investigation into allegations of misconduct by former executives of Synapse Financial Technologies Inc., a now-defunct fintech ...