Synapse Financial Technologies

CFPB Sues Synapse, Seeking to Compensate Victims From Civil Penalty Fund
CFPB Sues Synapse, Seeking to Compensate Victims From Civil Penalty Fund
August 21, 2025  |  CFPB

The Consumer Financial Protection Bureau (CFPB) aims to provide compensation from its Civil Penalty Fund to consumers harmed by the actions of the now-bankrupt banking-as-a-service...

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Frozen Funds Still Unresolved as Synapse Bankruptcy Nears Conclusion
Frozen Funds Still Unresolved as Synapse Bankruptcy Nears Conclusion
April 14, 2025  |  Legal

The protracted Synapse Financial Technologies bankruptcy is nearing its final stages with a whimper rather than a bang. Late last week (April 10) Trustee Jelena...

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Fed Issues Action Against Lineage Financial Separate from Synapse Case
Fed Issues Action Against Lineage Financial Separate from Synapse Case
December 19, 2024  |  Bank Regulation

The Federal Reserve Board has announced an enforcement action against Franklin, Tennessee-based Lineage Financial Network, the bank holding company of Lineage Bank. Get the Full Story Complete the...

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Synapse BaaS Platform Slated for Bankruptcy Sale
Synapse BaaS Platform Slated for Bankruptcy Sale
October 27, 2024  |  Connected Economy

 The assets of bankrupt Banking-as-a-Service (BaaS) provider Synapse are going up for sale next month. Get the Full Story Complete the form to unlock this...

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Synapse Financial Credit Division Loses Lending License
Synapse Financial Credit Division Loses Lending License
July 30, 2024  |  Regulation

Warren Buffett once remarked that it’s when the tide goes out that you find out who’s been swimming naked. Get the Full Story Complete the...

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Synapse Saga Emphasizes Tangled Web Between FinTechs, Middlemen and Sponsor Banks
Synapse Saga Emphasizes Tangled Web Between FinTechs, Middlemen and Sponsor Banks
May 10, 2024  |  Acquisitions

In biology, a synapse is essentially a conduit, a place in the brain where neurons connect and communicate. Get the Full Story Complete the form...

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