Evolve Bank & Trust

Synapse Trustee McWilliams Details New Challenges in Latest Status Report
Synapse Trustee McWilliams Details New Challenges in Latest Status Report
June 24, 2024  |  Legal

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...

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Evolve Was Served a Cease-and-Desist Order — Now What?
Evolve Was Served a Cease-and-Desist Order — Now What?
June 17, 2024  |  Bank Regulation

The Federal Reserve Board issued a “cease and desist” order against Evolve Bancorp and its subsidiary, Evolve Bank & Trust, that may have a chilling effect...

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Synapse Bankruptcy Trustee Finds $85 Million ‘Shortfall’ Amid Tangled Web of Accounts
Synapse Bankruptcy Trustee Finds $85 Million ‘Shortfall’ Amid Tangled Web of Accounts
June 07, 2024  |  Legal

Former Federal Deposit Insurance Corp. Chair Jelena McWilliams will present her initial findings as trustee of Synapse’s Chapter 11 bankruptcy case Friday afternoon (June 7)....

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Five Things to Watch as Synapse Bankruptcy Impact Shakes Up FinTechs
Five Things to Watch as Synapse Bankruptcy Impact Shakes Up FinTechs
May 28, 2024  |  Banking

At this writing, on Tuesday (May 28), the ripple effects of Synapse’s bankruptcy keep rippling. But with each filing, with the reports that customers can’t...

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Report: Solid Financial Accused of Faking Revenue Numbers to Entice Investors
Report: Solid Financial Accused of Faking Revenue Numbers to Entice Investors
September 18, 2023  |  Security & Fraud

FinTech-as-a-Service firm Solid Financial is being accused of falsifying its revenue numbers to woo investors.  A lengthy report published Monday (Sept. 18) by FinTech Business Weekly said...

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Mastercard Installments Adds HSBC, JPMorgan, NatWest, Others as BNPL Partners
Mastercard Installments Adds HSBC, JPMorgan, NatWest, Others as BNPL Partners
July 28, 2022  |  Partnerships

Mastercard has added several new global partners to its Mastercard Installments buy now, pay later (BNPL) program in an effort to help more small businesses...

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Evolve Bank & Trust on Leveraging BaaS to Invisibly Solve Merchants’ Problems
Evolve Bank & Trust on Leveraging BaaS to Invisibly Solve Merchants’ Problems
June 06, 2022  |  Banking

PYMNTS' new "Banking-As-A-Service Opportunity Report" examines how FIs and Banking-as-a-Service providers are creating the invisible, frictionless financial services experiences their customers expect.

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Consumer Demand Driving Banking-as-a-Service Innovation
Consumer Demand Driving Banking-as-a-Service Innovation
May 31, 2022  |  Banking

Interest in banking as a service (BaaS) has grown as businesses and financial institutions (FIs) are pressed to provide the swifter, more interconnected experiences their...

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Today in the Connected Economy: TikTok Begins ‘Major’ Push Into Gaming
Today in the Connected Economy: TikTok Begins ‘Major’ Push Into Gaming
May 19, 2022  |  Connected Economy

Today in the connected economy, TikTok begins testing a program that lets users in Vietnam play video games on the app, part of a broader...

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