Wells Fargo

286 results about this entity

Period: 14 Nov 2007 - 06 May 2024

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/payments

Wells Fargo launches AI-powered accounts receivables product

Wells Fargo & Company (NYSE: WFC) today announced the availability of Integrated Receivables, a new Accounts Receivable (AR) service that uses artificial intelligence, machine learning, and robotic processing to help simplify payment and remittance data capture, re-association, and invoice matching.

/payments

Wells Fargo launches AI-powered accounts receivables service

Wells Fargo & Company (NYSE: WFC) today announced the availability of Integrated Receivables, a new Accounts Receivable (AR) service that uses artificial intelligence, machine learning, and robotic processing to help simplify payment and remittance data capture, re-association, and invoice matching.

Wall Street giants invest in Vestwell

/startups

Wall Street giants invest in Vestwell

Wells Fargo, Goldman Sachs and Morgan Stanley have joined a $70 million Series C funding round for workplace savings and investing platform Vestwell.

Wells Fargo adds Theta Lake to fintech portfolio

/startups

Wells Fargo adds Theta Lake to fintech portfolio

Wells Fargo has bagged a stake in Theta Lake, a provider of compliance and security for modern chat, video and voice collaboration tools.

Wells Fargo introduces API-based third party data sharing with Akoya

/retail

Wells Fargo introduces API-based third party data sharing with Akoya

Wells Fargo is the latest big name US bank to join the Akoya Data Access Network, enabling fintechs and data aggregators to request API-based access to customer data.

Clearing firms invest in FIA Tech

/markets

Clearing firms invest in FIA Tech

A group of 10 clearing firms have committed $44 million to the Futures Industry Association's FIA Tech.

/startups

Wells Fargo leads $50 million round in InsurTech Super

Super, an insurtech company that provides subscription care for the home, today announced the closing of $50 million in an oversubscribed Series C round of funding.

Wells Fargo puts digital at heart of 10-year banking inclusion programme

/inclusion

Wells Fargo puts digital at heart of 10-year banking inclusion programme

Wells Fargo has launched a 10-year commitment to improve financial inclusion among Black, Hispanic and Native American families.

US banks to pilot credit for people with no credit score - WSJ

/inclusion

US banks to pilot credit for people with no credit score - WSJ

Several big American banks, including JPMorgan Chase, are signed up for a government-backed pilot using alternative data to get credit to people with low or no credit scores, according to the Wall Street Journal.

/retail

Wells Fargo invests in five additional black-owned banks

Wells Fargo & Company (NYSE: WFC) today announced equity investments in five African American Minority Depository Institutions, or MDIs, as part of its March 10, 2020, pledge to invest up to $50 million in Black-owned banks.

/security

Citi Ventures, Wells Fargo participate in Notarize $130m Series D

Today Notarize is announcing an important milestone - our Series D funding, which will fuel growth and help Notarize fully digitize life’s most important transactions. Fintech-focused VC firm Canapi Ventures led the round and is joined by Alphabet’s independent growth fund CapitalG, Citi Ventures, Wells Fargo, True Bridge Capital Partners and existing investors.

/markets

Wells fargo to sell Corporate Trust Services business to Compuetershare

Wells Fargo & Company (NYSE: WFC) today announced it has entered into a definitive agreement to sell its Corporate Trust Services (CTS) business to Computershare.

FS giants join $40m Greenwood funding round

/inclusion

FS giants join $40m Greenwood funding round

Mastercard, Visa and host of America's biggest banks have joined a $40 million Series A funding round for Greenwood, the digital banking startup targeting Black and Latino people and business owners.

Wells Fargo hires Reetika Grewal for top digital role

/people

Wells Fargo hires Reetika Grewal for top digital role

Wells Fargo has hired JP Morgan Chase's Reetika Grewal as its head of digital for commercial banking and corporate and investment banking.

/inclusion

Wells Fargo invests in six black-owned bank

Wells Fargo today announced equity investments in six African American Minority Depository Institutions (MDIs) as part of its March 10, 2020, pledge to invest up to $50 million in Black-owned banks.

Big US banks pilot data sharing risk assessment service

/retail

Big US banks pilot data sharing risk assessment service

Bank of America, JPMorgan Chase, PNC Bank, TD Bank, Truist, US Bank, and Wells Fargo have piloted a data sharing risk assessment service that streamlines risk evaluations of data aggregators and financial apps.

Wells Fargo leads $20m Series A for cash management startup Trovata

/wholesale

Wells Fargo leads $20m Series A for cash management startup Trovata

Trovata, a US startup specialising in automating cash reporting and forecasting through wholesale, multi-bank API data aggregation, has raised $20 million in a Series A funding round led by Wells Fargo Strategic Capital.

/regulation

OCC terminates Wells Fargo AML consent order

Wells Fargo & Company (NYSE: WFC) today announced that the Office of the Comptroller of the Currency (OCC) has terminated a 2015 consent order related to the company’s Bank Secrecy Act/Anti-Money Laundering (BSA/AML) compliance program.

/people

Michelle Moore named digital platform leader at Wells Fargo

Wells Fargo & Company (NYSE: WFC) today announced that Michelle Moore will join the company as Digital Platform leader, effective Dec. 31, 2020. She will report to Ather Williams III, head of Strategy, Digital and Innovation, and will be based in Charlotte, North Carolina.

/payments

Bill.com and Wells Fargo team on Bill Manager

Bill.com (NYSE: BILL), a leading provider of cloud-based software that simplifies, digitizes and automates complex back-office financial operations for small and midsize businesses (SMBs) and Wells Fargo & Company (NYSE:WFC) today announced Bill Manager, a new joint offering now available to help automate and simplify the accounts payable and receivable process for small to midsize businesses.

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