Synapse, One Year Later: A Very Special Episode

Alex Johnson, writer of the Fintech Takes newsletter, and Jesse Silverman, counsel at Troutman Pepper with a rich background in consumer finance and banking law, delve into the complexities surrounding the recent Synapse bankruptcy. They discuss accountability and recent regulatory responses, pointing fingers at key players while also reflecting on lessons for banks, fintechs, and regulators. The conversation emphasizes the urgent need for improved regulatory frameworks and transparency to navigate the evolving landscape of consumer banking and protect stakeholders.