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10min chapter
Money Talks: The Synapse Scandal
Slate Money
Navigating Fintech Regulations and Risks
This chapter explores the regulatory environment affecting fintech companies and the consequences of their potential failures. It emphasizes the complexities of FDIC insurance as it relates to fintech partnerships and highlights the struggles of consumers in understanding their coverage. The discussion culminates in a crisis involving Synapse, revealing the vulnerabilities within the fintech landscape and the implications for users reliant on these services.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode