wells fargo

Top News In Payments: Amazon Invests $1B In India SMBs; Wells Sees Card Spending Growth
Top News In Payments: Amazon Invests $1B In India SMBs; Wells Sees Card Spending Growth
January 15, 2020  |  News

In today’s top payments news, Amazon plans to invest $1 billion in small and medium-sized businesses in India. Plus, in fourth quarter earnings, Wells Fargo...

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Wells Fargo Sees Card Spending Growth As Restructuring, Regulators Loom
Wells Fargo Sees Card Spending Growth As Restructuring, Regulators Loom
January 14, 2020  |  Earnings

For Wells Fargo (at least, when it came to the latest earnings report), it was all about the costs — and scandals. Charles Scharf, the...

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How APIs Are Helping FIs Meet SMBs’ Payment Needs
How APIs Are Helping FIs Meet SMBs’ Payment Needs
January 14, 2020  |  API

Corporates no longer tolerate “swivel chair” solutions that force them to switch back and forth between different software solutions and different bank websites just to...

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Earnings Season To Shine Light On Banks’ Take On The US Consumer
Earnings Season To Shine Light On Banks’ Take On The US Consumer
January 13, 2020  |  Earnings

Like clockwork, earnings season is here. Every three months, Wall Street takes stock (no pun intended) of how companies’ bottom lines are faring and whether top...

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Top News In Payments: Wells Fargo Growth Hampered By Tech Failures; Goldman Launches Mobile App For Marcus
Top News In Payments: Wells Fargo Growth Hampered By Tech Failures; Goldman Launches Mobile App...
January 13, 2020  |  News

In today’s top payments news, Wells Fargo is trying to revamp its approach to technology to appease regulators, and Goldman Sachs finally launches a mobile...

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Wells Fargo: Using APIs To Cut Corporate Cash Flow Confusion
Wells Fargo: Using APIs To Cut Corporate Cash Flow Confusion
January 13, 2020  |  API

Banks need strong application programming interface (API) strategies if they want to retain their business clients. Business to business (B2B) APIs enable financial institutions (FIs)...

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Wells’ Growth Reportedly Hampered By Old Systems, Tech Failures
Wells’ Growth Reportedly Hampered By Old Systems, Tech Failures
January 12, 2020  |  Bank Regulation

Wells Fargo is striving to revamp its approach to technology to ensure systems stay online, satisfy regulators and block cybercriminals, the Wall Street Journal (WSJ)...

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OCC Targets Wells For Loose Pay Controls, Unresolved HR Complaints
OCC Targets Wells For Loose Pay Controls, Unresolved HR Complaints
December 04, 2019  |  Banking

The Office of the Comptroller of the Currency (OCC) has said the Wells Fargo Human Resources (HR) department has a rash of problems, including a...

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Finserv Providers Embrace New Rails For Faster B2B Payments
Finserv Providers Embrace New Rails For Faster B2B Payments
December 04, 2019  |  B2B Payments

Recent analysis from Juniper Research found that blockchain-powered cross-border B2B payments are expected to reach a $4.4 trillion valuation by the end of 2024, and...

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