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Synapse Management Ousted As Fintech Customers Remain Frozen Out Of Their Accounts

Synapse Management Ousted As Fintech Customers Remain Frozen Out Of Their Accounts
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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 the abrupt shutdown and bankruptcy of financial technology company Synapse, which ....

United States , Jason Mikula , Deposit Insurance Corporation , Consumer Financial Protection Bureau , Lineage Bank , Federal Reserve , Goldman Sachs , Evolve Bank , Memphis Based Evolve , San Francisco Based Synapse , Tennessee Based Lineage Bank , Silicon Valley Backed Synapse , Federal Deposit Insurance ,

Shutdown of fintech middleman Synapse freezes thousands of Americans' deposits

NEW YORK — The bank accounts of tens of thousands of U.S. businesses and consumers have been frozen in the aftermath of the abrupt shutdown and bankruptcy of financial technology company Synapse, which acts as a middleman between financial technology companies and banks. Synapse filed for Chapter 11 bankruptcy protection ....

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Shutdown of financial middleman Synapse freezes thousands of Americans' deposits – Indianapolis Business Journal

Synapse filed for Chapter 11 bankruptcy protection in April and has shut down its services to some of its fintech or bank partners, leading to accounts being frozen or showing funds not existing at all. ....

United States , Jason Mikula , Deposit Insurance Corporation , Lineage Bank , Consumer Financial Protection Bureau , Goldman Sachs , Federal Reserve , Evolve Bank , Memphis Based Evolve , San Francisco Based Synapse , Tennessee Based Lineage Bank , Silicon Valley Backed Synapse , Federal Deposit Insurance ,

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 the abrupt shutdown and bankruptcy of financial technology company Synapse, which acts as a middleman between financial technology companies and banks. ....

United States , Jason Mikula , Deposit Insurance Corporation , Goldman Sachs , Federal Reserve , Consumer Financial Protection Bureau , Lineage Bank , Evolve Bank , Memphis Based Evolve , San Francisco Based Synapse , Tennessee Based Lineage Bank , Silicon Valley Backed Synapse , Federal Deposit Insurance ,