wells fargo

Congress Calls Bank CEOs to Capitol Hill for Consumer, Compliance Hearings
Congress Calls Bank CEOs to Capitol Hill for Consumer, Compliance Hearings
September 19, 2022  |  Banking

The leaders of the country’s seven biggest commercial financial institutions will head to Washington, D.C., this week to face two Congressional hearings to review consumer...

READ MORE >
Automotive Loyalty Gets Boost With Real-Time Digital Disbursements
Automotive Loyalty Gets Boost With Real-Time Digital Disbursements
September 19, 2022  |  Consumer Payments

Auto companies and dealers can no longer depend on direct customer interactions in the showroom to build rapport and keep customers interested. Digital is already...

READ MORE >
Capital One Garners Perfect Score, Tops Credit Card Apps
Capital One Garners Perfect Score, Tops Credit Card Apps
August 18, 2022  |  Credit Cards

The latest iteration of PYMNTS’ Provider Ranking of Credit Card Apps shows that while some things change, some things remain the same. As to what’s...

READ MORE >
Loan Loss Reserves Creep Up at Cautious Wells and Citi
Loan Loss Reserves Creep Up at Cautious Wells and Citi
July 15, 2022  |  Digital-First Banking

The banks see strength — in consumer spending, debit, credit and in a recession that may prove short-lived. But they are preparing for some bumpiness...

READ MORE >
Bank Earnings Show Great Digital, Mobile Shift Is Unstoppable
Bank Earnings Show Great Digital, Mobile Shift Is Unstoppable
July 15, 2022  |  Earnings

The bank earnings continue to roll in. And amid the commentary on the state of the consumer, on the impact of white-hot inflation, on deposits...

READ MORE >
Weekly TechREG US: Federal Agencies Respond to Biden’s Crypto Executive Order; Bank Regulators Urged Banks to Conduct Customer Due Diligence, Avoid De-risking Practices 
Weekly TechREG US: Federal Agencies Respond to Biden’s Crypto Executive Order; Bank Regulators Urged Banks...
July 08, 2022  |  Regulation

This week, the U.S. Treasury proposed to the White House a plan to strengthen international cooperation on crypto regulation to make sure that the country...

READ MORE >
Today in TechREG: Amazon Faces a New UK Antitrust Investigation; Department of Commerce Urged to Slow Roll CBDCs and Clarify Crypto Rules 
Today in TechREG: Amazon Faces a New UK Antitrust Investigation; Department of Commerce Urged to...
July 06, 2022  |  Regulation

Today, the U.K. Competition Markets Authority launched an investigation against Amazon for allegedly giving its own sellers an unfair advantage in its marketplace over third...

READ MORE >
Maxine Waters Says Regulators Should Address Wells Fargo’s ‘Anti-Consumer Behavior’
Maxine Waters Says Regulators Should Address Wells Fargo’s ‘Anti-Consumer Behavior’
June 29, 2022  |  Banking

Rep. Maxine Waters (D-Calif.), chairwoman of the House Financial Services Committee, has sent a letter to U.S. regulators over Wells Fargo’s allegedly discriminatory conduct and...

READ MORE >
Today in TechREG: EU Lawmakers Look to Pass Online Platform Bills Next Week; Wells Fargo, Zelle Dodged Fraud Lawsuit
Today in TechREG: EU Lawmakers Look to Pass Online Platform Bills Next Week; Wells Fargo,...
June 29, 2022  |  Regulation

Today in TechREG, allegations of fraud and scams against Walmart, Wells Fargo and Zelle followed very different paths. Whereas the lawsuit against the banking giant...

READ MORE >