Fintech Nexus Newsletter (June 10, 2024): Jelena McWilliams finds $85 million missing in Synapse fiasco

The Synapse debacle continues.  Former FDIC Chair Jelena McWilliams is the court-appointed trustee managing the bankruptcy process. She was appointed on May 24. On Friday, the bankruptcy judge held a hearing during which the first report from...

Fintech Nexus Newsletter (June 11, 2024): Apple introduces Tap to Cash for iPhone to iPhone payments

Yesterday, Apple held its annual Worldwide Developers Conference (WWDC), during which it made several interesting announcements. The most relevant to fintech is the new “Tap to Cash” feature that will be built into iOS18. As it...

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