Free Republic

KEY POINTS: * For customers, fintech promised the best of both worlds: The innovation, ease of use and fun of the newest apps combined with the safety of government-backed accounts held at real banks. * The collapse of middleman Synapse has revealed fintech’s promise of safety as a mirage. More than 100,000 Americans with $265 million in deposits have been locked out of their accounts. * The implications of this disaster may be far-reaching. The most popular banking apps in the country, including Block’s Cash App, PayPal and Chime, partner with banks instead of owning them. * CNBC reached out...

Saddam's Shadow Africa Energy & Mining June 18, 1997 Copyright 1997 Indigo Publications Africa Energy & Mining June 18, 1997 SECTION: MINING; DEMOCRATIC REPUBLIC OF CONGO; N. 207 LENGTH: 787 words HEADLINE: Saddam's Shadow BODY: It's not only diamonds and base metals that interest big mining companies and the latter are not alone in being interested in Katanga. In the delegation that the United States sent to Kinshasa on June 2 under its ambassador to the United Nations, Bill Richardson, the state department's African affairs department was represented by Marc Baas, director for Central Africa. (Susan Rice, director for African...