Evolve Bank News

FDIC Looks to Direct Monitoring of Fintech Companies After Synapse Collapse

The Federal Deposit Insurance Corp. has started to directly monitor financial-technology companies that partner with banks across the US, according to people familiar with the regulator’s supervisory operations. The fintech monitoring system will help FDIC examiners anticipate potential vulnerabilities before …

Evolve Bank & Trust Confirms Data Was Stolen in Cyberattack

Evolve Bank & Trust confirmed it was the victim of a cyberattack and that customer data had been posted on the dark web, less than two weeks after the Arkansas-based lender was ordered by regulators to improve its risk management …