Synapse Credit Loses Lending License, Highlighting Stark Differences Between FinTechs and Banks
Warren Buffett once remarked that it’s when the tide goes out that you find out who’s been swimming naked. The continuing regulatory examinations of various parts of the Synapse Financial Technologies web of operations gives some stark illumination between the differences — and perhaps some may say widening gulf — between traditional banks and FinTechs. […]
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