wells fargo

Wells CFO Not Losing Sleep Over Rising Consumer Debt
Wells CFO Not Losing Sleep Over Rising Consumer Debt
November 16, 2017  |  Debt

Wells Fargo Chief Financial Officer John Shrewsberry said at an industry conference on Wednesday (Nov. 15) that he isn’t concerned consumers are having a tough...

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Wells Fargo Softens Overdraft Policy
Wells Fargo Softens Overdraft Policy
November 15, 2017  |  Banking

Aiming to boost its reputation after a fake account scandal last year, Wells Fargo announced Tuesday (Nov. 14) the launch of a new overdraft feature...

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Wells Fargo Settles With SEC Over AML Reporting
Wells Fargo Settles With SEC Over AML Reporting
November 15, 2017  |  Security & Fraud

Wells Fargo Advisors and the Securities and Exchange Commission (SEC) reached a settlement this week resolving charges that the bank dropped the ball in reporting...

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Big Banks Join Forces To Vet FinTech Partners
Big Banks Join Forces To Vet FinTech Partners
November 15, 2017  |  Security & Fraud

JPMorgan Chase and Bank of America are reportedly teaming up to create a group that will help them manage risks associated with FinTech partnerships. According...

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Wells Fargo Cuts Back SMB Card Unit As Part Of Card Processing Restructure
Wells Fargo Cuts Back SMB Card Unit As Part Of Card Processing Restructure
November 15, 2017  |  Banking

About 50 Wells Fargo employees were laid off from its SMB card processing unit as the bank works to restructure the entire unit geared toward...

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Despite Plenty Of Concerns, SMB Optimism Holds Fast
Despite Plenty Of Concerns, SMB Optimism Holds Fast
November 13, 2017  |  B2B Payments

Small business owners have a lot on their plates today and, depending on who one asks, top concerns range from taxes to late invoice payments....

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Wells Fargo Teams With Expensify, PointServ To Push Data Exchange
Wells Fargo Teams With Expensify, PointServ To Push Data Exchange
November 07, 2017  |  Partnerships / Acquisitions

Wells Fargo said Monday (Nov. 6) that it had forged agreements with two firms to help reconfigure the data exchange models that exist to share...

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Wells Fargo Discloses Lawsuits Over Scandals
Wells Fargo Discloses Lawsuits Over Scandals
November 06, 2017  |  Legal

Wells Fargo, the embattled bank, disclosed in a regulatory filing that it is facing lawsuits over scandals in its auto lending and mortgage units. In...

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New Wells Fargo App Targets Millennials
New Wells Fargo App Targets Millennials
November 03, 2017  |  Mobile Applications

Wells Fargo announced news on Thursday (Nov. 2) of the launch of Greenhouse by Wells Fargo, a new mobile banking app with tools to help...

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