Beware of Fake FDIC-Insured Accounts in Fintech Apps 🚨
Some fintech apps falsely claim FDIC insurance, risking your funds. Learn how to spot the scams and protect your money after the collapse of Synapse. Read more on Forbes.
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The answer–as evidenced by the collapse of Synapse–is not necessarily. Here’s what you need to know.
Read the full story on Forbes: https://www.forbes.com/sites/emilymason/2024/06/17/is-your-money-really-safe-in-an-fdic-insured-fintech-account/#:~:text=Bottom%20line%3A%20If%20a%20bank,implodes%2C%20all%20bets%20are%20off.
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Read the full story on Forbes: https://www.forbes.com/sites/emilymason/2024/06/17/is-your-money-really-safe-in-an-fdic-insured-fintech-account/#:~:text=Bottom%20line%3A%20If%20a%20bank,implodes%2C%20all%20bets%20are%20off.
Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1
Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:
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523
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Duration
5:12
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Published
Jun 21, 2024
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