It’s one step up and two steps back in the case of Synapse Financial’s bankruptcy, with the court-appointed trustee reporting progress Friday (June 21) in recovering and distributing customer funds. However, serious reconciliation challenges remain, according to the latest status report in the case. Get...
Walmart and Capital One have reportedly settled a lawsuit centering on their former credit card partnership. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
The recent Synapse bankruptcy represents one of the biggest implosions in the FinTech sector’s history. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
Credit card swipe fee litigation that has been fought for two decades is reportedly likely to remain unresolved for some time longer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
A Thursday (June 13) ruling by a London High Court judge reportedly resolved a legal dispute between J.P. Morgan Chase & Co. and Haris Karonis, the founder and CEO of Greek FinTech company Viva Wallet. Get the Full Story Complete the form to unlock this...
The Securities and Exchange Commission reportedly asked a federal judge Wednesday (June 12) to approve a settlement with Terraform Labs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
If there’s a surety in FinTech, and particularly within banking as a service, it’s that there will be more regulations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The founder of a now-closed artificial intelligence (AI) recruitment startup called Joonko is facing charges from both the Securities and Exchange Commission (SEC) and the United States Attorney’s Office for the Southern District of New York. Get the Full Story Complete the form to unlock...
The drama surrounding the Synapse Financial bankruptcy continued Friday (June 7) with an afternoon court hearing in California’s Central District Bankruptcy Court, although the case appeared no closer to a resolution. As a result, the hearing set the stage for what will be a complex...