wells fargo

Investor Concerns Over Credit Losses Pull US Bank Stocks Down
Investor Concerns Over Credit Losses Pull US Bank Stocks Down
May 15, 2020  |  Investments

The U.S. banking industry is the runt of the litter of the current stock market rally as interest rates sink and loans crumble, according to...

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Goldman Looks For Bank Merger Partner
Goldman Looks For Bank Merger Partner
May 14, 2020  |  Partnerships / Acquisitions

Wells Fargo, PNC and U.S. Bancorp are the names on the shortlist of whom Goldman Sachs might approach for a merger deal amid declining earnings...

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Today In Payments: Investigators Question Wells Fargo Over PPP Loans; Visa Leads Latest Funding For FinTech Nium
Today In Payments: Investigators Question Wells Fargo Over PPP Loans; Visa Leads Latest Funding For...
May 06, 2020  |  News

In today’s top news, officials are investigating wells Fargo regarding its management of Paycheck Protection Program (PPP) loans, and Visa led the latest funding round...

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Federal, State Investigators Question Wells Fargo Over PPP Loans
Federal, State Investigators Question Wells Fargo Over PPP Loans
May 06, 2020  |  Security & Fraud

Federal and state officials are investigating Wells Fargo regarding the bank’s management of Paycheck Protection Program (PPP) loans. A regulatory filing on Tuesday (May 5)...

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Today In Payments: Analysts Say Wells Fargo Road To Recovery Will Be Tough; N26 Notches $100M Amid Pandemic Uncertainty
Today In Payments: Analysts Say Wells Fargo Road To Recovery Will Be Tough; N26 Notches...
May 05, 2020  |  News

In today’s top news, analysts lowered Wells Fargo’s rating, and N26 raised $100 million in funding. Plus, U.S. banks have extended over $500 billion in...

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Why Understanding Commerce’s New Normal Is Key To Fraud-Fighting Strategies
Why Understanding Commerce’s New Normal Is Key To Fraud-Fighting Strategies
May 05, 2020  |  Fraud Prevention

The last eight weeks has scrambled financial institutions’ tried and tested fraud-fighting approaches as transactions once seen as "abnormal" have become the new "normal." In...

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Analysts Lower Wells Fargo Rating, Saying Road To Recovery Will Be Tough
Analysts Lower Wells Fargo Rating, Saying Road To Recovery Will Be Tough
May 05, 2020  |  Bank Regulation

Analysts at UBS Securities lowered Wells Fargo’s rating and earnings forecast, saying the bank will have a tougher time bouncing bank from the coronavirus pandemic —...

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Today In Payments: Google Phone Data: Mixed Stay-Home Compliance; India’s Jio Gets $750M Boost From Silver Lake
Today In Payments: Google Phone Data: Mixed Stay-Home Compliance; India’s Jio Gets $750M Boost From...
May 04, 2020  |  News

In today’s top news, Google phone data shows variance around the globe for how people are following stay-at-home orders, and Silver Lake is investing $750...

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Wells Fargo on Fraud Decisioning And The New Consumer’s New Normal
Wells Fargo on Fraud Decisioning And The New Consumer’s New Normal
May 04, 2020  |  Fraud Prevention

Financial institutions (FIs) face tough decisions when trying to keep their clients safe. Customers and merchants rely on their banks and credit unions (CUs) to ensure...

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