By KEN SWEET (AP Business Writer) NEW YORK (AP) — The bank accounts of tens of thousands of U.S. businesses and consumers have been frozen in the aftermath of the abrupt shutdown and bankruptcy of financial technology company Synapse, which acts as a middleman between financial technology companies and banks. Synapse filed for Chapter 11 bankruptcy protection in April and has shut down its services to some of its fintech or bank partners, including Evolve Bank & Trust.

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  • Abrupt shutdown of financial middleman Synapse has frozen thousands of Americans' deposits
    NEW YORK (AP) — The bank accounts of tens of thousands of U.S. businesses and consumers have been frozen in the aftermath of the abrupt shutdown and bankruptcy of financial technology company ...
    05/22/2024 - 12:50 pm | View Link
  • Abrupt shutdown of financial middleman Synapse has frozen thousands of Americans' deposits
    Synapse’s shutdown has “needlessly ... first time a problem with a financial middleman has caused pain to average Americans. In 2015, hundreds of thousands of customers of the prepaid debit card ...
    05/22/2024 - 12:05 pm | View Link
  • Abrupt shutdown of financial middleman Synapse has frozen thousands of Americans’ deposits
    NEW YORK (AP) — The bank accounts of tens of thousands of U.S. businesses and consumers have been frozen in the aftermath of the abrupt shutdown and bankruptcy of financial technology company ...
    05/22/2024 - 7:01 am | View Link
  • Abrupt shutdown of financial middleman Synapse has frozen thousands of Americans' deposits
    NEW YORK (AP) — The bank accounts of tens of thousands of U.S. businesses and consumers have been frozen in the aftermath of the abrupt shutdown and bankruptcy of financial technology company Synapse, ...
    05/21/2024 - 1:00 pm | View Link
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