Fintech Business Weekly notes that Rust Consulting was hired by the CFPB to handle claims and disbursement processes for Synapse-Evolve Bank & Trust.
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Synapse-Evolve Bank & Trust updates: CFPB allocates an additional $9m from penalty fund & hires firm to handle claims process; Evolve loses small claims case: While most…
Company
Fintech Business Weekly
The Business of Fintech: a weekly newsletter offering original analysis of what is happening in fintech.
- Industry
- Banking
- Location
- Amsterdam, NL
- Company size
- 1 employee
About Fintech Business Weekly
A weekly fintech- and banking-focused newsletter. Common topics include: business model analysis, challenger banks, consumer lending, regulatory developments, open banking, data, and more.
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Legal & Regulatory
Fintech Business Weekly reported that two Thai nationals, Nutthawat Rukthammachalern and Natthawat Kasamvilas, filed a lawsuit against Tether.io in the Southern District of New York in federal court, seeking to freeze $42 million worth of stablecoins.
Legal & Regulatory
Fintech Business Weekly reported that consumer stablecoin cards issued by Visa principal member Rain drained over $1 million due to a smart contract flaw in an outdated Solana smart contract.
Legal & Regulatory
Fintech Business Weekly reports that the CFPB has hired Rust Consulting to handle the claims and reimbursement process for Synapse-Evolve Bank & Trust.
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