Wells Fargo

286 results about this entity

Period: 14 Nov 2007 - 06 May 2024

Jury tells US Bank to pay $27m over cheque imaging patent infringements

US Bank has been ordered by a jury to pay Texas-based DataTreasury $27 million over cheque processing technology patent infringements.

Wells Fargo and Visa introduce text alert system

Wells Fargo and Visa are introducing an automated alerting system that will notify credit card customers of transaction activity via SMS text message and e-mail.

IPF Association formed to simplify global credit transfers

A group of 21 banks, clearing houses and associated payment service providers have launched the International Payments Framework Association (IPFA).

Wells Fargo extends text banking to all customers

Wells Fargo has extended its text banking service to all customers, including those yet to sign up for online banking.

Youth and tech savvy not always related - Wells Fargo survey

While most people equate technological savviness with youth, the most digitally sophisticated people, particularly in relation to finance management, are thirtysomethings, according to a survey from Wells Fargo.

IT staff get go-ahead for class action overtime suit against Wells Fargo

A group of Wells Fargo technical staff have been granted a court motion for certification of a nationwide class action case against the bank relating to overtime pay.

Wells Fargo introduces customer-to-customer mobile money transfers

Wells Fargo has added a customer-to-customer money transfer option to its mobile banking service.

IPF to go live with US/Europe payments in 2010

The International Payments Framework (IPF), an industry group aiming to simplify cross-border payments, is set to go live with the first stage of its payments plan in January 2010.

Transaction bankers embrace co-operation

The future of transaction banking lies in greater collaboration between banks and a greater adoption of outsourcing. This was the main point delivered at a keynote debate at this Sibos, the annual user conference of banking co-operative Swift.

US banks sign up for biometric project

The US-based Financial Services Technology Consortium has launched a project to investigate the use of biometrics for verifying customer IDs.

Wells Fargo taps Twitter

Wells Fargo is the latest bank to launch a Twitter feed, where customers can ask questions and seek advice.

Wells Fargo takes majority stake in First Data merchant alliance JV

First Data has extended its merchant alliance joint venture with Wells Fargo for five years, the US payments processor revealed today in its full year earnings statement.

Credit crunch bites online banking

US consumers are spending less time on traditional online banking sites, creating fresh challenges for banks as they scramble to attract retail deposits in a shrinking economy.

Bank of America taps Twitter

Bank of America has become the latest financial institution to tap micro-blogging site Twitter, launching a feed to provide advice and help to customers.

Wells Fargo moves into PFM start-up territory with new budgeting tool

Wells Fargo is to make a bid for online banking territory curently occupied by niche Web 2.0 start-ups such as Mint with the launch of a personal Web-based budgeting tool for consumers to monitor their spending habits.

Mergers to shake up US e-banking market - comScore

The wave of financial mergers in the US will result in a shake up of the Internet banking market, but Bank of America will continue to have the most online customers, according to figures from Web metrics firm comScore.

Citi claims legal high ground as Wells Fargo snatches Wachovia

West Coast bank Wells Fargo says it expects to incur merger integration costs of $10 billion as it agrees a deal to acquire Wachovia, snatching the North Carolina-based bank from under the nose of FDIC-approved suitor Citi.

Wallstreet obtains $105m secured credit facility

Trading and treasury systems vendor Wall Street Systems has obtained a new $105 million secured credit facility from Wells Fargo Foothill.

Wells Fargo extends mobile business banking service

US bank Wells Fargo has upraded its mobile business banking service, CEO Mobile, to enable users to initiate and approve federal tax wires.

Wells Fargo hit by data breach

US banking group Wells Fargo is notifying 7000 customers that hackers may have accessed their confidential personal data by illegally using its access codes.