The recent abrupt bankruptcy filing of financial technology company Synapse has sent shaken the banking industry. Synapse Financial Technologies, which acted as a middleman between fintech firms and banks, has frozen the accounts of tens of thousands of businesses and
Business models can rise and fall with remarkable speed. One model that has generated considerable buzz over the past decade is dropshipping. While critics have been quick to declare its demise, the reality is far more nuanced. Dropshipping is still
Stripe, one of the world’s leading online payment processors, recently updated its list of restricted businesses to include “content creation.” This addition raises concerns among content creators who rely on Stripe to process payments for their online businesses. The new
eBay announced that it will stop accepting American Express credit cards globally starting August 17, 2024. This decision impacts countless eBay customers who depend on American Express for their online purchases. The move comes as a response to what eBay
It’s that time again! Let’s go through the biggest, most important, and best under-the-radar news pieces in the fintech industry from May 2024. Secure your payment ecosystem with DirectPayNet. Big News You Missed (Maybe) I can’t guarantee that you missed
