Wells Fargo

286 results about this entity

Period: 14 Nov 2007 - 06 May 2024

/retail

P97 Networks secures $10m line of credit from Wells Fargo

P97 Networks, the leading provider of cloud-based mobile commerce and digital marketing solutions for the convenience retail industry, has secured a $10 million line of credit from Wells Fargo to help fuel the software firm’s growth.

/regulation

Wells Fargo says US investigating Zelle complaint handling

Wells Fargo has joined JP Morgan in revealing that US authorities are investigating the handling of complaints about P2P payments service Zelle.

/wholesale

Wells Fargo chooses TradeSun to digitise trade finance

TradeSun and Wells Fargo have entered into an agreement that will enable Wells Fargo to leverage the industry leading trade finance and compliance digitization solution from TradeSun, using Artificial Intelligence (AI) and other advanced technologies to streamline the complex and manual processes employed globally within the banking industry.

/payments

Setpoint establishes relationship with Wells Fargo

Setpoint, a leading financial services provider, is pleased to establish a banking relationship with Wells Fargo which enables the cloud-based software company to expand its payment disbursement capabilities.

/inclusion

UnidosUS and Wells Fargo launch programme to reach underbanked Latinos

UnidosUS—the nation’s largest Latino civil rights and advocacy organization and Wells Fargo are launching a program to promote Bank On nationally certified accounts, transaction accounts that offer low or no fees, no overdraft charges, and other accessible features.

/retail

Wells Fargo extends wealth platform to all customers

Wells Fargo is making its digital platform for helping people plan and track their money available to all consumer customers.

/Sibos

How digitalisation is shaking up the customer experience

At Sibos 2023, Marcus Sehr, Global Head of Global Treasury Management (GTM) Banks, Wells Fargo, and Joanne Strobel, Head of Corporate & Investment Banking Segments Solutions & Advisory, Wells Fargo GTM, discuss how changing customer demands impact banking strategies and explore the industry methods available to keep up with the shifting landscape.

/Sibos

Insights into Cross-Border Payments

John Hunter, Head of Payments and Transaction Services, Wells Fargo Global Treasury Management, discusses cross-border payments at Sibos 2023, highlighting enhancements in customer experience, ongoing experimentation with new payment models, and the pivotal role of partnerships driving industry transformation.

/Sibos

Optimising customer experience through technology and operations

At Sibos 2023, Jason Christensen, GTM Technology, Wells Fargo, and Vanessa Leite, GTM Operations, Wells Fargo, explore aligning technologies like ISO 20022 with operations, and its impact on enhancing client value and operational efficiency.

/payments

ChargeAfter expands embedded lender network with Wells Fargo

ChargeAfter, the embedded lending platform for point-of-sale financing, announced today that it is partnering with Wells Fargo Retail Services, a division of Wells Fargo Bank, NA that facilitates the delivery of consumer private label and industry credit card programs to retailers.

/regulation

More banks pay multi-million dollar penalties over WhatsApp use

Wells Fargo and BNP Paribas are among the latest banks to be hit with multi-million dollar penalties by US regulators over employee use of unofficial communication tools like WhatsApp and iMessage.

/people

Wells Fargo EVP joins Fintech Sandbox board

Fintech Sandbox, a nonprofit that provides early-stage startups around the world with free access to critical datasets and infrastructure, today announced the addition of Reetika Grewal, EVP and Head of Digital for Commercial Banking and the Corporate & Investment Bank at Wells Fargo, as a new member to its governance board.

/crypto

NY Fed and banks upbeat on digital dollar pilot results

The Federal Reserve Bank of New York says that proof-of-concept run with a host of banks has demonstrated the feasibility of a regulated digital asset settlement platform supported by shared ledger technology.

/wholesale

Wells Fargo backs $70m fund to help underserved SMEs access credit

Wells Fargo is backing a new $70 million “equitable access fund” from Hello Alice and the Global Entrepreneurship Network (GEN) that will target underserved high-potential but credit-challenged small business owners.

/markets

More Wall Street giants back Versana syndicated loan platform

Deutsche Bank, Morgan Stanley, US Bank and Wells Fargo are the latest financial services players to back Versana, joining a $40 million capital raise for the syndicated loan platform.

/startups

Big banks invest in generative AI startup Hazy

Nationwide Building Society, Wells Fargo and Intesa Sanpaolo have joined a $9 million Series A funding round for British synthetic data disruptor Hazy.

/wealth

Wells Fargo unveils digital platform for wealth management customers

Wells Fargo has launched a digital platform to help its millions of wealth management customers plan and track their money.

/payments

Big US banks prep mobile wallet to take on Apple

America's biggest banks are teaming up to take on Apple and PayPal with a digital wallet linked to customers' debit and credit cards, according to the Wall Street Journal.

/regulation

Wells Fargo to pay $3.7 billion over consumer loan violations

The Consumer Financial Protection Bureau (CFPB) is ordering Wells Fargo Bank to pay more than $2 billion in redress to consumers and a $1.7 billion civil penalty for legal violations across several of its largest product lines.

/wholesale

Wells Fargo launches persona and AI-driven digital banking platform, Vantage

Wells Fargo has unveiled a new digital banking platform, Vantage, to more effectively service its commercial, corporate, and investment banking clients.