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Post-Synapse meltdown, this is the state of the banking-as-a-service industry | TC Disrupt 2024

The bankruptcy of banking-as-a-service (BaaS) fintech Synapse shows just how treacherous things are for the often-interdependent fintech world when one key player hits trouble. Synapse’s problems have hurt and taken down a number of other startups and affected millions of consumers all over the country. Many believe regulatory clarity is needed moving forward. One analyst…

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The bankruptcy of banking-as-a-service (BaaS) fintech Synapse shows just how treacherous things are for the often-interdependent fintech world when one key player hits trouble.

Synapse’s problems have hurt and taken down a number of other startups and affected millions of consumers all over the country. Many believe regulatory clarity is needed moving forward. One analyst says the case of Synapse underscores the need for fintech companies to maintain high operational and compliance standards.

This panel with Unit Co-Founder & CEO Itai Damti, Synctera Co-Founder and CEO Peter Hazlehurst, and Treasury Prime General Counsel & CCO Sheetal Parikh discusses the potential impacts the Synapse collapse will have on the future of BaaS.

#TechCrunchDisrupt2024 #Technology #Startups

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1 Comment

1 Comment

  1. @aSIevovo

    October 28, 2024 at 8:49 pm

    Je paierais pour pouvoir regarder des vidéos comme celle-ci tous les jours. Oh, attendez, c’est gratuit ✨

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Amazon’s Kindle Colorsoft is nice, being the company’s first color eReader, but Executive Editor David Carnoy says the entry level and Paperwhite Kindles are better options for most people. #kindle #ereader #kindlecolorsoft #tech Subscribe to CNET on YouTube: Never miss a deal again! See CNET’s browser extension 👉 Check out CNET’s Amazon Storefront: Follow us…

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Amazon’s Kindle Colorsoft is nice, being the company’s first color eReader, but Executive Editor David Carnoy says the entry level and Paperwhite Kindles are better options for most people. #kindle #ereader #kindlecolorsoft #tech

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The new Kindle Colorsoft brings book covers, graphic novels and comic books more to life with color. Let’s unbox it 🌈📚 #kindlecolorsoft #ereader #tech #unboxing #books

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Google Maps wants to do more than just give you directions. A new update coming to Android and iOS Google Maps apps will bring AI recommendations powered by Gemini and conversational reporting to Waze.

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