Tag: Bankingasaservice

Fintechs deal with banking-as-a-service fallout

[ad_1] When one kid misbehaves, even blameless siblings can be expecting additional scrutiny when their oldsters come house. “It’s not relevant if you are the issue kid,” stated Jason Henrichs, founder and CEO of group financial institution consortium Alloy Labs Alliance. “You might be all in hassle.” The similar may well be stated of avid […]

Banking-as-a-service banks reinforce name for fairer assessments

[ad_1] Sen. Joe Manchin, a Democrat from West Virginia, and Sen. John Moran, a Republican from Kansas, reintroduced the Truthful Audits and Inspections for Regulators (FAIR) Tests Act this month to be able to give a boost to transparency of financial institution examinations.Anna Rose Layden/Bloomberg Banking-as-a-service establishments are applauding legislators’ requires fairer assessments and greater […]

Banking-as-a-service supplier Synapse lays off workforce, loses main consumer

[ad_1] Banking-as-a-service platform supplier Synapse laid off greater than 115 staff, or about part its workforce, on Monday, lower than 4 months after chopping 18% of its headcount in June, consistent with folks with regards to the subject.  Synapse, which gives era that connects fintech corporations and banks, reduce workforce throughout task purposes after shedding […]

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