Wells Fargo - News, Articles & Research

Citi and Wells Fargo invest in credit infrastructure startup Setpoint

Citi and Wells Fargo have joined a $31 million Series B funding round for Setpoint, an infrastructure provider that streamlines transactions for the credit industry.

14 August 2024

News/people

Tech leadership change at Wells Fargo sees Kerrins take up new Gen AI role

Wells Fargo has appointed a new head of technology and shunted current CIO Tracaey Kerrins to head up a newly-created Generative AI team.

31 July 2024

Company announcement/payments

Expedia releases new credit cards in collaboration with Wells Fargo and Mastercard

Expedia Group, Inc. (NASDAQ: EXPE), one of the world’s largest online travel platforms, has finalized a multiyear agreement with Wells Fargo (NYSE: WFC) and Mastercard (NYSE: MA) to launch two new co-branded credit cards.

15 July 2024

News/wealth

Wells Fargo fires employees for 'simulating' keyboard activity

Wells Fargo fired several employees for faking work by using "mouse jigglers" to simulate computer activity, according to Bloomberg.

14 June 2024

Company announcement/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.

06 May 2024

News/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.

06 May 2024

Company announcement/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.

16 April 2024

Company announcement/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.

07 February 2024

Company announcement/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.

18 December 2023

News/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.

12 October 2023

Finextra TV/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.

12 October 2023

Finextra TV/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.

11 October 2023