Banks connected to the collapse of Synapse are reportedly close to recovering customers' frozen funds. These banks have made progress in putting together account information for those customers, which could mean their funds being released within weeks, CNBC reported Thursday (July 11), citing a source briefed on the matter. Staff from Evolve Bank & Trust and Lineage Bank have in particular had success [...] The post Synapse-Connected Banks Reportedly Closer to Releasing Customer Funds appeared first on PYMNTS.com.
SynapseFi is a California-based API banking platform that provides solutions such as automated account creation and payment processing for individuals and businesses.