Wachovia Corporation - Announcements, Interviews & News Stories

Wachovia extends Hewitt Associates HR outsourcing deal

Hewitt Associates (NYSE:HEW), a global human resources services firm, announced today it will provide HR business process outsourcing (BPO) services to Wachovia Corporation (NYSE:WB), one of the nation's largest financial services providers.

04 August 2005

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Wachovia Retirement Services upgrades recordkeeping platform

Wachovia Retirement Services (NYSE: WB) announced today that it has upgraded and enhanced its Wystar recordkeeping platform.

20 July 2005

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Wachovia selects SimCorp Dimension

SimCorp announces today that it will provide support to Wachovia's foreign bond back office operations of its Portfolio Desk.

23 June 2005

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Wachovia rolls out Carreker's adjustments system

Carreker Corporation (Nasdaq: CANI), a leading provider of technology and consulting solutions for the financial industry, announced today that Wachovia Corporation (NYSE: WB), the fourth largest U.S. banking holding company, has fully deployed Carreker's image-enabled Adjustments/Express solution across its enterprise.

16 June 2005

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Wachovia launches interactive ID theft tool

Wachovia launched today an interactive identity theft quiz on the Customer Protection Section of wachovia.com.

01 June 2005

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Wachovia revamps Web banking site

Wachovia's homepage is getting a facelift.

25 April 2005

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Wachovia to extend branch business hours

Wachovia Corp. (NYSE:WB) CEO Ken Thompson announced today at the Best Practices in Retail Financial Services Symposium in San Diego that selected Wachovia branches will stay open later to better serve customers and win more business.

04 March 2005

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RemitStream to provide Wachovia with lockbox processing in Chicago

RemitStream Solutions, a receivables management unit of Fiserv, Inc. (Nasdaq:FISV), said Wachovia Bank, Charlotte, N.C., has selected the company to provide wholesale and "wholetail" lockbox processing services in Chicago.

17 February 2005

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Nova acquires SouthTrust Bank merchant portfolio

NOVA Information Systems (NOVA) today announced that it has acquired SouthTrust Bank's existing payment processing portfolio from Wachovia Bank and has simultaneously renewed and extended a long-term marketing alliance agreement for Wachovia Bank's merchant referral business.

16 February 2005

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Wachovia Securities joins TradeWeb's corporate bond marketplace

Thomson TradeWeb, part of The Thomson Corporation (NYSE: TOC; TSX: TOC), a leading global provider of integrated information solutions to professional customers, announced today that Wachovia Securities has joined its online corporate bond marketplace as a liquidity provider.

20 January 2005

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Wachovia turns to Cadence for energy expense management

With oil price volatility fluctuating at record highs, top executives with leading financial and banking institutions have increasingly recognized the need to develop strategic energy management programs. As part of his recent "Call To Arms" initiative, Cadence CEO Jeffrey Hart challenged executives of multiple site organizations to take the necessary steps to decrease energy, leasing and telecommunications expenses through a more comprehensive expense management program.

18 November 2004

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Wachovia implements Callidus incentive management system

Callidus Software Inc. (Nasdaq: CALD), the industry leader in Enterprise Incentive Management (EIM), announced today that Wachovia General Bank has completed implementation of Callidus’ TrueComp® solution to manage incentive compensation programs for more than 25,000 payees, and to better address its most recent compensation needs created by the company’s growth. TrueComp has replaced Wachovia’s existing incentive management system to streamline operations, bringing better flexibility and visibility to incentive management processes and performance. With TrueComp, Wachovia is now able to process more than two million transactions per month and manage more than 30 compensation plans – replacing costly and time-consuming manual efforts with the automation afforded by the market’s leading EIM software solution.

16 November 2004

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