wells fargo

Five at Five: Walmart Has A New Blockchain Idea
Five at Five: Walmart Has A New Blockchain Idea
June 15, 2018  |  News

Welcome to Five at Five, your late look at the day’s payments and commerce news. Today, we have two stories about the latest developments involving...

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Wells Fargo Receives Approval To Settle $142M Suit
Wells Fargo Receives Approval To Settle $142M Suit
June 15, 2018  |  Bank Regulation

After receiving preliminary approval for a settlement last July, Wells Fargo said that it has received final approval from a California court to settle a...

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Wells Fargo Merchant Services SMB Pricing Not At Parity With Square
Wells Fargo Merchant Services SMB Pricing Not At Parity With Square
June 13, 2018  |  Payment Methods

Wells Fargo Merchant Services has decided to simplify the prices it charges small businesses (SMBs) to accept credit and debit card transactions to compete with...

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Could A Bank-On-Bank Patent War Be Looming?
Could A Bank-On-Bank Patent War Be Looming?
June 12, 2018  |  Legal

A recently filed federal lawsuit over remote deposit capture technology (RDC) could signal the start of a wider patent-infringement struggle among banks, according to experts....

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Bitcoin Daily: Wells Fargo Says No To Crypto, Apple Bans Crypto Mining Apps
Bitcoin Daily: Wells Fargo Says No To Crypto, Apple Bans Crypto Mining Apps
June 12, 2018  |  Bitcoin

There are apps for all sorts of tasks, but Apple doesn’t want apps to do one thing in particular — mine crypto, CNBC reported. In an...

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USAA Sues Wells Fargo Over RDC Technology
USAA Sues Wells Fargo Over RDC Technology
June 11, 2018  |  Legal

USAA, the insurance company and bank serving current and former military members and their families, filed a federal lawsuit against Wells Fargo Bank over its...

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Sizzle Fizzle: Last Mile Sizzles, Banks Fizzle And Snapchat Splits The Difference
Sizzle Fizzle: Last Mile Sizzles, Banks Fizzle And Snapchat Splits The Difference
June 09, 2018  |  Sizzle/Fizzle

Snapchat’s Sizzly Fizzle, or Fizzly Sizzle  Usually in this column the sizzles and the fizzles are pretty distinct. But every so often there’s a player...

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OCC Does A 180: Fake Accounts Not A Common Problem
OCC Does A 180: Fake Accounts Not A Common Problem
June 08, 2018  |  Banking

Wells Fargo was fined $185 million in 2016 for opening millions of potentially fake accounts, prompting the Office of the Comptroller of the Currency (OCC) to...

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OCC Report Uncovers Problems With Sales Practices At Banks
OCC Report Uncovers Problems With Sales Practices At Banks
June 06, 2018  |  Banking

After reviewing sales practices at more than 40 large and mid-sized banks, the Office of the Comptroller of the Currency (OCC) found multiple systemic issues,...

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