CFPB Sues Synapse, Seeking to Compensate Victims From Civil Penalty Fund

pymnts.com/news/cfpb/2025/cfpb-sues-synapse-seeking-to-compensate-victims-from-civil-penalty-fund

The Consumer Financial Protection Bureau (CFPB) aims to provide compensation from its Civil Penalty Fund to consumers harmed by the actions of the now-bankrupt banking-as-a-service (BaaS) provider Synapse Financial Technologies.




The CFPB sued Synapse on Thursday (Aug. 21) and…

This story appeared on pymnts.com, 2025-08-22 01:39:58.
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