Wells Fargo - News, Articles & Research

News

Top US banks unite for 'Fintech Focus' coding bootcamp

Bank of America, Goldman Sachs, JPMorgan Chase, Morgan Stanley and Wells Fargo are to turn their New York offices into coding bootcamps for under-represented college students in a new initiative intended to increase the representation of women and people of colour in software engineering within the financial services industry.

17 July 2019

Company announcement/regulation

Wells Fargo forms Strategic Execution and Operations Office

Wells Fargo & Company (NYSE: WFC) today provided additional information about its newly formed , which is focused on achieving operational excellence across businesses to enable the company to execute more effectively against its regulatory priorities and further drive transformation.

01 July 2019

Company announcement/retail

Wells Fargo confirms Debra Chrapaty as CTO

Today, Wells Fargo & Company (NYSE: WFC) named Debra Chrapaty as chief technology officer, making permanent a role she held on an interim basis since May.

14 June 2019

Company announcement/security

Wells Fargo names new Ciso and head of consumer lending tech

Today, Wells Fargo & Company (NYSE: WFC) named Gary Owen as chief information security officer and head of Information Security, and Steve Hagerman as head of Consumer Lending Technology.

29 May 2019

Company announcement/payments

Wells Fargo turns to TransferMate for business payments tool

TransferMate, one of the world’s leading cross-border B2B payments providers, has today announced a strategic relationship with Wells Fargo Bank, N.A. (“Wells Fargo”) to deliver Global Invoice ConnectSM – the go-to platform for U.S.-based international businesses looking for a simpler, more cost-effective solution for receiving payments from their global customers.

20 May 2019

News

Barclays and Wells Fargo lead $17 million funding round in OpenFin

OpenFin has won $17 million in funding from a clutch of top banks and VCs as it bids to build a new 'operating system of finance'.

16 May 2019

Company announcement

Majority of investors favour human touch over technology - Wells Fargo

Despite increasing automation in nearly all aspects of the consumer experience, 84 percent of investors say that financial advisors will always be needed and will not be replaced by automated investing technology, according to the first quarter 2019 Wells Fargo/Gallup Investor and Retirement Optimism Index survey.

12 April 2019

Company announcement

Wells Fargo begins contactless card rollout

Wells Fargo & Company (NYSE: WFC) announced today a newly enhanced, simplified checkout experience with the launch of contactless consumer credit and debit cards.

02 April 2019

Company announcement/startups

Wells Fargo welcome RegTech and Motiv to startup accelerator

Wells Fargo & Company (NYSE:WFC) announced that Ascent RegTech and Motiv have joined the Wells Fargo Startup Accelerator, which is designed to help advance emerging technologies that could transform the financial services industry.

08 March 2019

News

Wells Fargo mobile and online banking go up in smoke

Wells Fargo is the latest bank to succumb to tech gremlins, leaving customers locked out of their mobile and online banking accounts on Thursday.

07 February 2019

Company announcement/startups

Wells Fargo welcomes new accelerator cohort

Wells Fargo & Company (NYSE:WFC) announced today that OpenRisk Technologies Inc. and Vouchr have joined the Wells Fargo Startup Accelerator, bringing the total number of companies in the portfolio to 21.

30 January 2019

News

R3's Corda to the fore in Euro Debt issuance and Club Loan markets

R3's blockchain-inspired Corda platform is being put to the test in the Euro Debt Market and syndicated loan arena under separate field trials with a collective of international banks.

06 December 2018