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 ...

Synapse XT is a dietary supplement that aims to put an end to tinnitus, while potentially restoring hearing. Tinnitus is a condition that involves the perception of noise or ringing, buzzing, hissing, ...

“If a fintech partner went bankrupt or had other issues, we are in control of those deposits,” said Teri Hodgett, chief risk officer at Sunrise Banks, at left. Reid Whiting, chief banking officer of ...

Jelena McWilliams, bankruptcy trustee for Synapse Financial and former chair of the Federal Deposit Insurance Corp., said the bankruptcy of the fintech middleware firm in April has been "devastating" ...

There is an $85 million shortfall between what partner banks of fintech middleman Synapse are holding and what depositors are owed, according to the court-appointed trustee in the Synapse bankruptcy.

For 15 years, former Texas schoolteacher Kayla Morris put every dollar she could save into a home for her growing family. When she and her husband sold the house last year, they stowed away the ...

In bankruptcy court proceedings last Friday, lawyers for banking-as-a-service provider Synapse Financial Technologies said the company’s remaining employees were working feverishly to restore access ...