Synapse bankruptcy

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

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...

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

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...

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Report: Democratic Senators Demand Synapse Records From Federal Reserve
Report: Democratic Senators Demand Synapse Records From Federal Reserve
April 22, 2025  |  Bank Regulation

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...

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Money Mobility Makes Embedded Banking Payments New Rising Star
Money Mobility Makes Embedded Banking Payments New Rising Star
March 19, 2025  |  Banking

The shakeup and shakeout of banking-as-a-service (BaaS), in the wake of the Synapse bankruptcy last year, has opened up new potential for embedded finance. Get...

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Evolve to Disburse More Funds Tied to Synapse Bankruptcy
Evolve to Disburse More Funds Tied to Synapse Bankruptcy
March 04, 2025  |  Bank Regulation

Evolve Bank & Trust said Tuesday (March 4) that it is set to return some funds to end users impacted by the Synapse bankruptcy but...

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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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Suit Against Synapse Partner Banks Spotlights Risks of Commingled Funds
Suit Against Synapse Partner Banks Spotlights Risks of Commingled Funds
December 02, 2024  |  Bank Regulation

The eventual resolution of the key question in the wake of the Synapse bankruptcy — namely, where the money went — will take time. Get...

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New Evolve Statement: ‘Vast Majority’ of Synapse Funds Are at Other Banks
New Evolve Statement: ‘Vast Majority’ of Synapse Funds Are at Other Banks
November 27, 2024  |  Legal

Evolve Bank & Trust said Wednesday (Nov. 27) that the “vast majority” of end user funds related to the Synapse Financial Technologies bankruptcy that were...

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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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