Blog Posts

May 23, 2023

Synapse Expands Policy & Regulatory Advisory Board

Carla McMorris
Director of Content

Synapse Financial Technologies, Inc. has appointed four new members to its Policy & Regulatory Advisory Board, reinforcing its commitment to compliance and regulatory considerations. The new members joining the Advisory Board are Alexandra Steinberg Barrage, Troy Paredes, Michael Mosier, and Sarah Elliott. They bring extensive expertise in financial regulation, governance, and regulatory strategy to help Synapse effectively collaborate with policymakers and regulators.

  • Alexandra Steinberg Barrage has a background in legal and policymaking roles with the Federal Deposit Insurance Corporation (FDIC). 
  • Troy Paredes previously served as a Commissioner of the U.S. Securities and Exchange Commission (SEC). 
  • Michael Mosier has experience with the U.S. Treasury's Financial Crimes Enforcement Network (FinCEN) and the Office of Foreign Assets Control (OFAC). 
  • Sarah Elliott has held various compliance and legal positions for digital banking platforms.

Synapse CEO Sankaet Pathak is enthusiastic about these new appointments. “We are thrilled to welcome four new members to our Regulatory Advisory Board, all of whom bring deep expertise in financial regulation, governance, and regulatory strategy and will help us work effectively with policymakers and regulators,” he said. “Synapse remains steadfast in its mission to deliver accessible, world-class, compliant products, and will benefit from the guidance and oversight of our new Board members.”

The new members will join Advisory Board Chair Daniel Gorfine, who brings extensive industry knowledge, a broad network, and a vision for promoting innovation and safety in the financial sector. Daniel is a highly valued advisor to innovative companies on fintech policy, regulation, and market developments, and helped inform policy and regulation for the digital asset and fintech sectors while at the CFTC.

With this expanded Advisory Board, Synapse further strengthens its vision of building an industry-leading platform informed by policy, regulatory, and compliance considerations. The company's commitment to providing best-in-class financial products remains unwavering as it continues to expand and thrive in the embedded finance sector.

Click here to read the press release.

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Synapse Expands Policy & Regulatory Advisory Board

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Carla McMorris
May 23, 2023

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