The Fall of a FinTech Innovator When Synapse Financial Technologies declared bankruptcy, the shockwaves reverberated across the banking-as-a-service (BaaS) industry. For years, Synapse played a crucial role as a middleware provider, bridging the gap between traditional banking institutions and
Standard Chartered is taking a significant leap in digital banking by launching its Open Banking Marketplace. This innovative platform provides over 100 API products to industries like manufacturing, fintech, and e-commerce across 33 international markets. The marketplace originated from the
The financial sector is on the brink of a pivotal shift, thanks in part to the rise of open banking and artificial intelligence. Mastercard’s Jess Turner, who heads Global Open Banking and API, contributed to a Forbes article outlining a future where these technologies open up a wealth of p
Fintech is more than just a technological advancement—it's a catalyst for inclusive financial growth, providing services to those traditionally left out of the banking system. It's transforming the way we approach banking and financial transactions, making them more accessible, faster, a
Green Dot Corporation, an influential player in the fintech industry, has strategically bolstered its Banking as a Service (BaaS) sector by bringing in Renata Caine as the new General Manager. This key appointment is a clear signal of Green Dot's commitment to maintaining a lead in the dynamic
Generative AI is transforming the banking industry by automating operations and enhancing customer interactions. This technology is not without its challenges, and banks must navigate these carefully. A strategic approach to integration can help banks fully utilize the potential of generative AI
