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 form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
Banks connected to the collapse of Synapse are reportedly close to recovering customers’ frozen funds. 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, PYMNTS Today....
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...
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...
June 24, 2024
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 the Full Story Complete the form to unlock this article […]
June 10, 2024
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...
July 31, 2026
Lineage Bank, which was a partner bank for Synapse, the banking-as-a-service (BaaS) provider that went bankrupt in 2024, has reached a consent order with the Federal Deposit Insurance Corporation (FDIC). 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 […]
December 19, 2024
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 form to unlock this article...
July 11, 2024
Banks connected to the collapse of Synapse are reportedly close to recovering customers’ frozen funds. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
February 14, 2022
Partnership banking platform Synctera has announced a launch between Lineage Bank and GoGetr, the first such arrangement using the company’s capabilities, according to a Monday (Feb. 14) press release. Get...
