Wells Fargo - News, Articles & Research

Company announcement

Wells Fargo joins CLS as new settlement member

CLS Group (CLS), a leading provider of risk management and operational services for the global foreign exchange (FX) market, today announced that Wells Fargo has joined as a settlement member.

12 July 2016

Company announcement

Wells Fargo moves to real-time mobile P2P payments with clearXchange

Wells Fargo & Company (WFC) announced today that it will soon make real-time person-to-person (P2P) transactions available to its more than 17 million mobile customers in the United States.

27 June 2016

Company announcement

Wells Fargo to speed up B2B e-payments

Even with check usage waning, U.S. businesses still send consumers more than three billion checks annually — from insurance claims and tax refunds to financial aid and rebates, according to the Federal Reserve.

17 June 2016

Company announcement

Wells Fargo picks Singapore payments firms for startup accelerator

Wells Fargo (WFC) announced today that it has selected two early stage payments companies — Alpha Payments Cloud and Jewel Paymentech — for investments of up to $500,000 for the spring 2016 class of the Wells Fargo Startup Accelerator, a non-exclusive, six-month, semiannual program where Wells Fargo mentors and helps startups refine their potential breakthrough technologies for financial services and other applications.

08 June 2016

News

Wells Fargo bids to solve third-party data exchange conundrum

Wells Fargo has moved to tackle the tricky issue of how it shares customer data with other firms, agreeing a new exchange method with small business accounting software outfit Xero that it hopes will provide a blueprint for other partnerships.

08 June 2016

News

Wells Fargo unveils Android wallet for NFC payments and ATM transactions

Wells Fargo has built a new mobile wallet that enables customers to carry out NFC-based in-store payments as well as ATM transactions with their Android handsets.

24 May 2016

News

As details of third attack emerge, Swift calls on banks to report hacks

In the wake of the $81 million Bangladesh Bank hack, Swift is calling on clients to be more forthcoming in reporting attacks on its system. The request comes as Reuters reports that three banks involved in a $12 million attack last year failed to inform the messaging network.

20 May 2016

Company announcement

Ellie Mae and Wells Fargo streamline mortgage technology workflows

Ellie Mae (ELLI), a leading provider of innovative on-demand software solutions and services for the residential mortgage industry, announced today it has developed a process with Wells Fargo to enable joint customers to deliver loan data in a streamlined, efficient and secure manner.

16 May 2016

News

Wells Fargo promises faster credit for small business customers

Wells Fargo is ditching the paperwork for small businesses in need of short-term credit with the introduction of FastFlex, an online, fast-decision loan that is funded as soon as the next business day.

10 May 2016

News

American banks invest in electronic billing and payments outfit Transactis

Some of America's biggest financial institutions - Capital One, Fifth Third, PNC, TD, and Wells Fargo - have joined a $30 million Series E funding round for electronic billing and payments firm Transactis.

18 April 2016

Company announcement

Wells Fargo goes further with new rewards programme

Wells Fargo & Company (NYSE: WFC) today announced Go FarTM Rewards, its enhanced credit card rewards program available to all customers with a rewards-based credit card from Wells Fargo.

22 March 2016

Company announcement

Samsung Pay comes to Wells Fargo customers

Today Wells Fargo Bank, N.A. (WFC) customers may use a Samsung mobile device to use Samsung Pay to conveniently make purchases at magnetic stripe payment terminals as well as terminals set up for contactless payments.

02 March 2016