Wells Fargo will reportedly incur greater-than-expected expenses from severances tied to recent job cuts. The price tag for those layoffs could come to between $750 million and just...
Raising the level of deposit insurance for banks should not go too far. So said Wells Fargo CEO and President Charlie Scharf on Tuesday (May...
It’s the end of the workweek, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and...
Just a bit more than four months into his tenure at the helm of Wells Fargo, new CEO Charlie Scharf faced pointed questioning from lawmakers...
Visa CEO Charlie Scharf is trying to change the payments conversation, from reaching out to retailers—some of whom, he freely admits, “hate” Visa—to embracing mobile...
Visa and MasterCard have a lot to contend with these days. With use of mobile devices for payment increasing, EMV on the U.S. horizon, and...