Premium Only Content
This video is only available to Rumble Premium subscribers. Subscribe to
enjoy exclusive content and ad-free viewing.
Episode 157: Is Synapse bankruptcy going to destroy the BaaS model?
6 months ago
38
This episode examines the bankruptcy filing of Synapse and the ensuing disruption it has caused to its partner financial institutions. Currently, $85 million in customer money for over 100,000 customers is missing. The bankruptcy court judge is not sure what the court can do as this is “uncharted territory.” Synapse has laid off all its employees and pointed responsibility back to its financial partners. However, the financial institutions don’t have the customers’ funds and are claiming that Synapse misappropriated them. Perhaps more importantly, regulators are taking a hard look at third-party vendor relationships and the BaaS model.
Loading comments...
-
1:35:25
The Banker Next Door
1 day agoBND: Strategy Room 12-21-2024
201 -
LIVE
Matt Kohrs
10 hours agoRumble CEO Chris Pavlovski Talks $775M Tether Partnership || The MK Show
755 watching -
LIVE
BonginoReport
1 hour agoTrump, Murder Plots, and the Christmas Miracle: Evita + Jack Posobiec (Ep.110) - 12/23/2024
2,233 watching -
LIVE
Wendy Bell Radio
3 hours agoNothing To See Here
2,147 watching -
2:12:18
TheDozenPodcast
20 hours agoIslam vs Christianity: Bob of Speakers' Corner
31.1K10 -
14:36
The StoneZONE with Roger Stone
1 day agoRoger Stone Delivers Riveting Speech at Turning Point’s AMFEST 2024 | FULL SPEECH
40.4K10 -
18:59
Fit'n Fire
10 hours ago $2.23 earnedZenith ZF5 The Best MP5 Clone available
7.02K1 -
58:34
Rethinking the Dollar
19 hours agoTrump Faces 'Big Mess' Ahead | RTD News Update
13.2K5 -
5:35
Dermatologist Dr. Dustin Portela
19 hours ago $1.25 earnedUnboxing Neutrogena PR Box: Skincare Products and Surprises!
11.5K2 -
11:20
China Uncensored
18 hours agoCan the US Exploit a Rift Between China and Russia?
27.2K15