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Synapse’s collapse has frozen nearly $160M from fintech users — here’s how it happened
TechCrunch via Yahoo News Singapore· 1 hour agoThe collapse and bankruptcy of BaaS fintech Synapse has revealed how treacherous things are for the...
What Happens When Your Bank Isn’t Really a Bank and Your Money Disappears?
The New York Times via Yahoo News Singapore· 5 days agoFor close to a century, putting your savings into a federally insured bank has been a sure thing: If...
Should venture capitalists be held accountable when startups screw up?
TechCrunch via Yahoo News Singapore· 5 days agoThe latest in the saga involves a new dispute between fintech middleman Synapse and its database...
Chase’s plan to charge for checking accounts—and how consumers might respond
Fortune via Yahoo Singapore Finance· 6 days agoThere are also non-bank financial institutions which often offer free services, though consumers...
Evolve Bank says ransomware gang stole personal data on millions of customers
TechCrunch via Yahoo News Singapore· 5 days agoU.S.-based banking-as-a-service giant Evolve Bank & Trust said that cybercriminals accessed the...