wells fargo

Westlake Financial Securely Raises The Speed Limit For Auto Financing Disbursements
Westlake Financial Securely Raises The Speed Limit For Auto Financing Disbursements
January 22, 2021  |  Faster Payments

Car buyers want instant access to auto loan disbursements, but there are risks to offering real-time speeds, says Raul Alvarez, director of accounting operations at...

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Q4 Earnings Show Big Banks Fared Better Than Expected In 2020
Q4 Earnings Show Big Banks Fared Better Than Expected In 2020
January 15, 2021  |  Earnings

In the first wave of Q4 earnings reports, J.P. Morgan Chase, Citigroup and Wells Fargo showed the pandemic’s impact on critical lending and spending, and...

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Wells Fargo’s Provision For Credit Losses Drops $823 Million
Wells Fargo’s Provision For Credit Losses Drops $823 Million
January 15, 2021  |  Earnings

Wells Fargo reported on Friday (Jan. 15) as part of its Q4 2020 earnings that its provision for credit losses fell $823 million. The bank...

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Today In B2B: HSBC Launches Cash Flow Tech; TD Makes Equipment Finance Buy
Today In B2B: HSBC Launches Cash Flow Tech; TD Makes Equipment Finance Buy
January 15, 2021  |  B2B Payments

Today in B2B payments, HSBC launches cash flow management tool, and TD Bank acquires equipment finance operations from Wells Fargo. Plus, AspireHR links with SAP...

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TD To Buy Wells Fargo’s Canadian Direct Equipment Finance Business
TD To Buy Wells Fargo’s Canadian Direct Equipment Finance Business
January 14, 2021  |  B2B Payments

The Toronto-Dominion Bank (TD) and Wells Fargo have unveiled a deal through which TD will buy the Canadian Direct Equipment Finance operation of Wells Fargo, which...

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Citi, JPM And Wells Fargo Lead Big Earnings Week For Banks
Citi, JPM And Wells Fargo Lead Big Earnings Week For Banks
January 13, 2021  |  Earnings

The start of earnings season typically is marked by banks’ reports – and a slew of them report this week, clustered on Friday (Jan. 15)....

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Wells Fargo Looks To Expand Wall Street Presence
Wells Fargo Looks To Expand Wall Street Presence
January 04, 2021  |  Banking

Wells Fargo, despite not being generally perceived as a leader in the world of trading and dealmaking, will push more to boost its investment bank...

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How The Corporate Card Recharted Its Adoption Course
How The Corporate Card Recharted Its Adoption Course
December 24, 2020  |  B2B Payments

At the dawn of 2020, commercial cards made up only a fraction of overall B2B payments volume, even as corporates continued their slow-but-sure payments digitization...

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IBM: Securing Virtual Cards Starts With Digital Onboarding
IBM: Securing Virtual Cards Starts With Digital Onboarding
December 16, 2020  |  CFO

Corporate buyers and sellers continue to struggle with disruptions to cash flow and administrative processes that are being caused by the pandemic. This may make...

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