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How to Keep Your Money Safe if Your Online Lender Is Not a Bank
Posted inAssets, Frozen Banking and Financial Institutions Bankruptcies Evolve Bank & Trust Federal Deposit Insurance Corp Regulation and Deregulation of Industry Synapse Technology

How to Keep Your Money Safe if Your Online Lender Is Not a Bank

The collapse of a little-known intermediary named Synapse Financial Technologies has put a spotlight on the risk that customers face when using popular banking start-ups.
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Posted by By Rob Copeland
Synapse Bankruptcy: When a Fintech Isn’t a Bank and Savings Accounts Are Frozen
Posted inAssets, Frozen Banking and Financial Institutions Bankruptcies Evolve (Bank) Federal Deposit Insurance Corp Regulation and Deregulation of Industry Synapse Technology

Synapse Bankruptcy: When a Fintech Isn’t a Bank and Savings Accounts Are Frozen

For unsuspecting depositors of online financial start-ups, the unraveling of a little-known intermediary has separated them from their life savings.
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Posted by By Rob Copeland

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