Synapse/page/2 news and trends

Synapse Faces CFPB Over Fund Reconciliation Gaps
CFPB // August 22, 2025

The Consumer Financial Protection Bureau’s Thursday (Aug. 21) lawsuit against Synapse Financial Technologies highlights the accurate tracking and reconciliation of consumer funds within the evolving FinTech landscape. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

CFPB Moves to Keep Synapse Case Alive for Consumer Relief
CFPB // June 23, 2025

Reports of the Consumer Financial Protection Bureau’s death have been exaggerated. 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. By completing...

Update: Synapse Bankruptcy Trustee Seeks Chapter 7 or Dismissal
Legal // June 09, 2025

The end might be near for the Synapse bankruptcy case. Jelena McWilliams, the court-appointed Chapter 11 trustee has formally requested the U.S. Bankruptcy Court for the Central District of California to convert the Chapter 11 case to Chapter 7 or, alternatively, dismiss it. The motion...

One Year After Synapse, How Much Have We Really Learned?
Regulation // May 12, 2025

Welcome to another edition of Washington Weekly, the series in which PYMNTS CEO Karen Webster and QED Investors partner Amias Gerety start their conversation with a Manic Monday check-in. The weekly question: How manic is this Monday? Get the Full Story Complete the form to...

Interviews & Exclusives
CFPB Moves to Keep Synapse Case Alive for Consumer Relief

June 23, 2025
Reports of the Consumer Financial Protection Bureau’s death have been exaggerated. 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. By completing this form, you agree to receive marketing communications from PYMNTS […]

Update: Synapse Bankruptcy Trustee Seeks Chapter 7 or Dismissal

June 09, 2025
The end might be near for the Synapse bankruptcy case. Jelena McWilliams, the court-appointed Chapter 11 trustee has formally requested the U.S. Bankruptcy Court for the Central District of California...

One Year After Synapse, How Much Have We Really Learned?

May 12, 2025
Welcome to another edition of Washington Weekly, the series in which PYMNTS CEO Karen Webster and QED Investors partner Amias Gerety start their conversation with a Manic Monday check-in. The...

Frozen Funds Still Unresolved as Synapse Bankruptcy Nears Conclusion

April 14, 2025
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 McWilliams filed a status report...

Quick Reads
FINRA Hits Synapse Execs With Misconduct Claims

September 03, 2025
The Financial Industry Regulatory Authority (FINRA) is reportedly investigating misconduct allegations against two former executives of collapsed banking-as-a-service (BaaS) provider Synapse Financial Technologies. 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. […]

Report: Democratic Senators Demand Synapse Records From Federal Reserve

April 22, 2025
Four Democratic senators are reportedly demanding the Federal Reserve release records related to last year’s collapse of the FinTech company Synapse. Get the Full Story Complete the form to unlock...

Evolve to Disburse More Funds Tied to Synapse Bankruptcy

March 04, 2025
Evolve Bank & Trust said Tuesday (March 4) that it is set to return some funds to end users impacted by the Synapse bankruptcy but does not yet have the...

Synapse Collapse Reportedly Target of Criminal Grand Jury Probe

February 20, 2025
A grand jury is reportedly probing criminal conduct at bankrupt FinTech firm Synapse. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...