Wells Fargo & Company (WFC) today announced the appointment of A. Charles Thomas to the role of chief data officer.
Capital One has taken a stake in ClearXchange, the US bank-backed clearing house for person-to-person online payments transfer via mobile or e-mail.
Telco-backed mobile payments venture Isis is tempting Wells Fargo customers with a 20% discount on all purchases and a $20 statement credit the first time they tap-to-pay with the Isis Mobile Wallet.
Wells Fargo and JPMorgan have highlighted the contrasting views in US banking circles over the future viability of bitcoin, with the former willing to engage and the latter airily dismissing the digital currency as a passing fad.
Wells Fargo employees have been told by the bank that they are not allowed to lend their own money through peer-to-peer platforms, according to the Financial Times.
The French Senate gathered virtual currency market participants and regulators yesterday for a hearing on how the country's authorities should approach the likes of bitcoin.
Wells Fargo is to allow customers to load their credit cards on to the telco-backed Isis mobile wallet in the first phase of a pilot test of the technology, which enables consumers to use their handsets to pay, redeem coupons and present loyalty credentials at the point-of-sale.
Two companies that share the same founders and a rich history, Wells Fargo (WFC) and American Express (AXP), announced today a new chapter of partnership that will see Wells Fargo issuing new credit cards accepted on the American Express network.
Wells Fargo & Company (WFC) announced today that in addition to its popular email or e-receipt option, it is introducing text receipts at its more than 12,000 ATMs across the country.
Wells Fargo & Company (WFC) today announced that it now offers free, 3-Domain Secure technology* - known in the payments industry as 3-D Secure - to protect online purchases by its WellsOne® Commercial Card customers. Among U.S. banks, Wells Fargo is the first commercial card issuer to deploy this fraud management tool.
© Finextra Research 2014