Archive - Fintech Business Weekly

$13M in Missing User Funds: Evolve, Synapse Play Blame Game as BaaS Crisis Intensifies

FTV Sues Solid and Its Cofounders For $61M Over Alleged Fraud

Oct 8, 2023 •

CFPB Proposes Rule To Close TILA Overdraft "Loophole"

Latest In Synapse v. Mercury; Robinhood Settles with Massachusetts; Normalize Using The Discount Window, Hsu Argues

Jan 21, 2024 •

Mercury's Claims Are "Knowingly Meritless," Synapse CEO Says

Synapse Plans Countersuit Against Mercury, Formerly Its Largest Client

Dec 28, 2023 •

Banking-as-a-Service: Wrapped

Top Stories in BaaS Middleware, Partner Banking & Fintech in 2023

Dec 31, 2023 •

OCC Ex-Fintech Chief's Fake Resume, DUIs Raise Fresh Questions

Lack Of Transparency On Diligence Failures Calls OCC's Processes, Judgment Into Question

Nov 24, 2023 •

FloatMe Hit With FTC Action and $3 Million Penalty For Deception, Illegal Discrimination

NY Gov Proposes BNPL Regs, Montana AG Says EWA Not A Loan, Seven Predictions for 2024

Jan 7, 2024 •

Mercury's High Risk, High Rewards Strategy Runs Into Regulatory Reality

Mercury CEO Personally Sought Exception for OnlyFans; Evolve's Bank Holding Company Appears To Be Insolvent

May 25 •

Solid Faked Revenue Numbers, Special Committee Appointed To Investigate, Sources Reveal

Solid & Evolve Client EZBanc, Embroiled in $9m Lawsuit, Linked To Convicted Russian Money Launderer, Filings Show

Sep 17, 2023 •

Synapse Now Seeking More Than $30M From Mercury, New Court Filing Reveals

Synapse And Its Fintech Clients Automatically Converting Some Users To Brokerage Accounts

Jan 14, 2024 •

Fidelity & PNC Lead Akoya's Open Banking Land Grab; CFPB's Chopra Not Amused, Statements Indicate

Exclusive: Kafene Extends Series B To $30.8m; OCC Releases 2024 Supervision Plan & Names New Office of Fintech Leader

Oct 1, 2023 •

Have CFSB's Sprawling Fintech Partnerships Caught Up With The Tiny New York Bank?

Nine Congressional Reps Demand Regulators Respond To Synapse Collapse As Bankruptcy Drags On

Sep 1, 2024 •

Unit Has A Churn Problem

1033 Under Fire, GENIUS Bill Fails In Procedural Vote

May 11 •

#nojs-banner { position: fixed; bottom: 0; left: 0; padding: 16px 16px 16px 32px; width: 100%; box-sizing: border-box; background: red; color: white; font-family: -apple-system, "Segoe UI", Roboto, Helvetica, Arial, sans-serif, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol"; font-size: 13px; line-height: 13px; } #nojs-banner a { color: inherit; text-decoration: underline; } This site requires JavaScript to run correctly. Please turn on JavaScript or unblock scripts