wells fargo

Wells Fargo Chair Quits Before Testimony
Wells Fargo Chair Quits Before Testimony
March 09, 2020  |  Bank Regulation

Wells Fargo Board of Directors Chair Elizabeth Duke has resigned days before she was scheduled to testify at a congressional hearing about the bank, according...

READ MORE >
Today In Payments: Car Sales Down 80 Pct In China; Wells Fargo Gives Apple Pay Users $5 At ATMs
Today In Payments: Car Sales Down 80 Pct In China; Wells Fargo Gives Apple Pay...
March 05, 2020  |  News

In today’s top payments news, car sales in China plummeted 80 percent last month due to the coronavirus outbreak, and Wells Fargo will give customers...

READ MORE >
Wells Fargo Gives Apple Pay Users $5 At ATMs
Wells Fargo Gives Apple Pay Users $5 At ATMs
March 05, 2020  |  Apple Pay

Wells Fargo customers who use the Apple Pay card at its ATMs will get a $5 bonus, reports indicated on Thursday (March 5). To get...

READ MORE >
Fifth Third Faces CFPB Probe Over Fake Accounts
Fifth Third Faces CFPB Probe Over Fake Accounts
March 04, 2020  |  Bank Regulation

Fifth Third Bank said it’s facing enforcement action from the Consumer Financial Protection Bureau (CFPB) over alleged openings of unauthorized accounts. The CFPB said it...

READ MORE >
Today In Payments: Ant Financial Acquires Stake In Klarna; Coronavirus Crippling $1.7T Tourism Sector
Today In Payments: Ant Financial Acquires Stake In Klarna; Coronavirus Crippling $1.7T Tourism Sector
March 04, 2020  |  News

In today’s top payments news, Ant Financial has acquired a minority stake in FinTech Klarna, the coronavirus has crippled the $1.7 trillion global tourism industry,...

READ MORE >
Wells Fargo To Offer Bank Accounts With Capped Overdraft Fees
Wells Fargo To Offer Bank Accounts With Capped Overdraft Fees
March 03, 2020  |  Banking

Ahead of its scheduled congressional hearings in the coming week, Wells Fargo & Co. debuted the concept of two new bank accounts that set limits on the...

READ MORE >
Wells Fargo Invests In AR FinTech DadeSystems With Series D Round
Wells Fargo Invests In AR FinTech DadeSystems With Series D Round
February 26, 2020  |  Investments

Florida-based receivables FinTech DadeSystems has announced additional funding by Wells Fargo Strategic Capital as part of a Series D round. “DadeSystems has developed a uniquely...

READ MORE >
Today In Payments: Intuit To Buy Credit Karma; JPMorgan To Open UK Digital Bank
Today In Payments: Intuit To Buy Credit Karma; JPMorgan To Open UK Digital Bank
February 24, 2020  |  News

In today’s top news, TurboTax creator Intuit is reportedly buying Credit Karma, and JPMorgan Chase is looking to open a digital bank in the U.K....

READ MORE >
EU Eyes Single European Data Market
EU Eyes Single European Data Market
February 24, 2020  |  Regulation

In Europe, the continued evolution of data policies and regulation now point toward a single market across the Continent. As reported mid week, the European...

READ MORE >