It’s been over one year since Synapse Financial Technologies’ collapse sent shockwaves through the banking-as-a-service (BaaS) ecosystem. The fallout continues to deepen, with lingering questions about missing funds, accountability, and the long-term viability of fintech-bank partnerships. In the latest status report of Synapse’s bankruptcy case filed on April 10 by Jelena McWilliams, the court-assigned trustee,
CHICAGO, May 12, 2025 (GLOBE NEWSWIRE) — Byline Bank today announced the expansion of its Payments and Fintech Banking division, including several key new hires and leadership appointments, which underscore the bank’s significant investment in embedded finance and modern digital payment solutions. Since bringing on industry veterans David Prochnow and Joe Wolsfeld to lead the
Bangladesh’s interim government has granted the central bank sweeping new powers to intervene in the troubled banking sector, in what is seen as a landmark step toward restoring financial discipline. The Bank Resolution Ordinance 2025, now in force as an official gazette, gives Bangladesh Bank broad authority to act against any of the country’s 61
National Bank of Fujairah (NBF) has been recognised in five awards at the prestigious MEA Finance Banking Technology Awards 2025, reflecting the bank’s leadership in delivering secure, cutting-edge solutions across mobile, trade, and corporate banking services. The awards included Best Cybersecurity and Risk Management Implementation – UAE, Best Mobile Banking Services – UAE, Best Innovation
…as new report prioritises women’s health through data, policy From Menopause, to pregnancy, to fibroids, to PCOS, it just feels like the health challenges women go through never ends in their life cycle. To put things in context, women experience a variety of health challenges throughout their lifespan, including reproductive health issues, mental health concerns,
At 26, Timo Boldt left his City career to launch Gousto, a meal kit delivery business. It sends customers pre-portioned ingredients and recipes — with up to 200 options available each week. Since founding Gousto in 2012, Boldt, now 40, has pursued a mission to cut food waste and promote cleaner eating. Increased pandemic demand
Real Madrid midfielder Dani Ceballos is on the path to regaining his pre-injury form, and the club is eager for his complete recovery as they look ahead to the Club World Cup. In fact, according to AS, Real Madrid feel Ceballos has been progressing well after spending over a month and a half on the
Dive Brief: Capital One wants a federal judge to dismiss the Trump Organization’s de-banking lawsuit against the bank, citing a lack of evidence to support assertions made by the president’s company. Calling the Trump Organization’s political de-banking allegations “false,” the McLean, Virginia-based bank said while it does close bank accounts occasionally, “it does so for
Labor leaders and senatorial candidates Leody de Guzman and Luke Espiritu on Thursday night expressed confidence in their chances for victory in the upcoming May 12 midterm elections—anchoring their hope on the groundswell of youth and grassroots support. “Lagi kaming nasa top 12 ng survey ng mga estudyante,” De Guzman told a cheering crowd at
It would be nice to get a 7% annual percentage yield (APY) on a savings account. This is virtually impossible right now, but a handful of banks currently offer rates above 5% — the highest on the market. We at the MarketWatch Guides team will detail savings accounts with high yields and discuss alternative investments