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
The latest bankruptcy hearing for Synapse Financial Technologies on February 7 provided little solace to the thousands upon thousands of people still locked out of
Is depositing money in an advertised FDIC-insured, high-yield savings account a risky move? For thousands of digital banking customers, it’s proven riskier than burying money
When prison healthcare provider Corizon Health faced a wave of lawsuits in 2021, it used a controversial strategy known as the “Texas Two-Step” to avoid
In mid-May, Vice Media Group — once an alternative media darling — filed for bankruptcy protection under Chapter 11 of the U.S. Bankruptcy Code. The
New journalism businesses aspiring to greatness can’t rely on the playbooks of their 20th Century forerunners – they have to be more nimble and innovative,
Columbia House has been around since 1955, sending records and then CDs directly to customers’ doors. But today’s culture is filled with instant media, making Columbia
Last week, U.S. Bankruptcy Judge Steven Rhodes approved a reorganization plan for Detroit, bringing the biggest municipal bankruptcy in U.S. history to a close. Robert
The credit rating agency Equifax is out with a report on small-business bankruptcies nationwide; it’s a good opportunity to take a look at some of
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