Wells Fargo & Company (WFC) announced today that it has added SCOTIABANK and Remesas BAC Credomatic to its network of ExpressSend® payout locations in El Salvador. The new remittance network members will bring the total number of payout locations in El Salvador to more than 500, along with more than 1,200 ATMs.
Wells Fargo has become the latest bank to launch an accelerator programme, promising mentoring and hard cash to selected fintech startups.
More than 575 million US payments cards will feature EMV chip security by the end of next year, according to a trade body set up to push the migration from magstripe plastic.
Crumpled, unreadable, and missing paper receipts are no longer a nuisance for corporate credit cardholders who need them to file expense reports and get reimbursed for out-of-pocket expenses.
Wells Fargo & Company (NYSE: WFC) and the Philippine National Bank (PNB) will allow Wells Fargo ExpressSend® customers to send money to family and friends in more than 600 PNB locations in the Philippines.
At its recent 2014 Annual Meeting, the Interactive Financial eXchange (IFX) Forum member companies' representatives re-elected Directors Richard DuVall of ACI Worldwide, Inc., Murray Heldon of Tata Consultancy Services, and Mark Tiggas of Wells Fargo Bank, to terms expiring in 2016.
Responding to the needs of its growing multinational customer base, Wells Fargo & Company (WFC) announced today it has expanded its commercial card portfolio to Europe by offering the European Commercial Card, where commercial card transactions in pound sterling or euros will now be easier to process, track, and report.
To help parents and students prepare financially for college, Wells Fargo & Company (WFC) launched the Get College ReadySM website, a new, interactive online platform that offers a quiz, a calculator, videos and educational articles.
American businesses have deposited more than $1 billion through Wells Fargo's mobile app since its launch in late 2011.
Nick Bennenbroek, head of currency strategy at Wells Fargo gives his take on Bitcoin.
© Finextra Research 2014