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A comment on (FinTech) Synapse has collapsed, 10M consumers, 100s of fintechs in trouble. Parent comment

Re:(FinTech) Synapse has collapsed, 10M consumers, 100s of f... by fragmede on Sunday May 26, 2024 @03:55AM (#40480409)
In the abstract, that's an easy platitude to throw around. And hindsight is easy. The problem is there are real opportunity costs on not being dependent on 1 supplier/vendor/integration/aws-region/etc, and you can't know, in advance, which one's Synapse, and which one is AWS, and you're always going to be vulnerable to black swan events.

There's little history written about shots not fired.

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Re:(FinTech) Synapse has collapsed, 10M consumers, 100s of f... by physicsguy on Sunday May 26, 2024 @04:27AM (#40480540)
It depends enormously on the type of business... a startup that might not be around in 5 years can take a punt on embedding a product like this into their main offering, but a big company that has a public reputation to manage probably can't.
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Re:(FinTech) Synapse has collapsed, 10M consumers, 100s of f... by spywaregorilla on Sunday May 26, 2024 @08:58AM (#40481820)
> you can't know, in advance, which one's Synapse, and which one is AWS,

AWS is the one with ~$100,000,000,000 per year in revenue

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