Wells Fargo has failed to convince a judge to dismiss a lawsuit brought against it by an Ecuadorian bank in connection with a $12 million theft made over the Swift network.
Wells Fargo has created a payments, virtual solutions and innovation group led by 23-year bank veteran Avid Modjtabai.
Wells Fargo and Australia's ANZ have built a shared distributed ledger platform prototype for correspondent banking payment reconciliation and settlement.
Wells Fargo Asset Management (WFAM) announces today the completion of its acquisition of Analytic Investors, LLC on October 1, 2016.
Wells Fargo & Company (NYSE:WFC), announced today that it will eliminate all product sales goals in retail banking, effective January 1, 2017.
Wells Fargo has been fined $185 million for opening up to two million unauthorised deposit and credit card accounts, issuing and activating debit cards without consent and creating phony email addresses to enrol people in online services.
America's banks are stepping up their assault on Venmo by rebranding their clearXchange person-to-person payments service to the more consumer-friendly Zelle.
Wells Fargo says that a pilot programme that lets customers talk to a bank staffer face-to-face from the comfort of their own homes over video connection has proved a big hit.
America's biggest banks are joining forces to combat the growing threat from cybercriminals, setting up a group that will work on preparing for attacks and improving information sharing, according to the Wall Street Journal.
NCR Corporation (NYSE: NCR) today announced a collaboration agreement with Wells Fargo (NYSE: WFC) to drive unparalleled consumer innovation and dramatically reinvent self-service technology in Wells Fargo’s retail stores.
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