Fintech

Money20/20 Unveils Star-Studded Jury for Inaugural Global Fintech Awards, Celebrating Innovation Across the Financial Landscape

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BANGKOK, Thailand — Money20/20 has launched the inaugural jury for The Money Awards, assembling an elite group of professionals from the global financial technology sector. This newly formed jury comprises leaders from traditional banks, fintech companies, neobanks, venture capital, and various influential brands, reflecting a diverse mix of expertise from regions including North America, Europe, Asia, Latin America, the Middle East, and Africa. The jury is set to evaluate submissions for several key award categories, ensuring that the evaluation process captures the breadth of innovation in fintech. The panel’s comprehensive experience underscores the awards’ commitment … Read more

Fintech Fallout: Users Battle for Funds Amid Synapse Bankruptcy Chaos

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Memphis, Tennessee — In a deepening saga that underscores the vulnerability of digital finance, users of the fintech app Yotta are grappling with the aftermath of a financial intermediary’s bankruptcy, which has frozen millions of dollars of customer funds. The collapse of Synapse, a company that bridges fintech applications and banks, has prompted a chain of events leading to substantial monetary disruptions for thousands of customers. This debacle became public when customers like Dakota Asselyn, a Northrop Grumman supply chain specialist, discovered their money became inaccessible overnight. After starting his account with Yotta in 2020, … Read more