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wells fargo
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Real EstateBuilder Index Hits Record High As Suburbs Lure City Dwellers
Builder confidence is surging for the second consecutive month, hitting a record high of...
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EarningsBank of America, Citi, Wells Earnings Point To Uptick In...
Call it silver linings — maybe not yet green shoots. But bank earnings are...
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Security & FraudWells Fargo Fires Over 100 For Allegedly Collecting COVID Relief...
Wells Fargo has fired over 100 employees for allegedly improperly collecting COVID-19 relief funds,...
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EarningsWells Fargo Sees Some Credit And Debit Card Gains Amid...
Despite reporting rough overall Q3 results Wednesday (Oct. 14), Wells Fargo called out strong...
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Digital-First BankingToday In Digital-First Banking: Revolut Rolls Out Goals Feature For...
In today’s top news in digital-first banking, Revolut is rolling out a new feature...
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PersonnelReport: Wells Fargo Slashes 700 Jobs
Wells Fargo & Co. has eliminated more than 700 jobs in commercial banking, kicking...
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B2B PaymentsThe Bank-FinTech Tie-Up Streamlines Access To Finance, Data
As banks look to streamline access to finance or make it easier to safely...
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Loyalty & RewardsHotels.com Debuts Loyalty Program Visa Card
Hotels.com has launched a credit card to help users access rewards, according to CNBC....
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PersonnelFormer Wells Fargo EVP Colleen Taylor Joins American Express
Colleen Taylor, a Wells Fargo alum, will join American Express as the company's new...
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InvestmentsBerkshire Hathaway Sells $2.5B Stake In Wells Fargo
Warren Buffett has once again reduced his company’s investment in Wells Fargo & Co.,...
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BankingWells Fargo Targets Gen Z With Low-Cost Digital Account
Wells Fargo is launching a new, low-cost bank account — with access as well...
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BankingWells Fargo Ready To Cut Jobs
The moratorium on job cuts at Wells Fargo & Co. is over. Bloomberg News...
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PersonnelPayPal Boosts Venture Team With Wells Fargo Exec
Peggy Mangot, who once led the development of the Wells Fargo mobile banking app...
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SMBsSMBs Switch Banks Post-PPP Experience
When Fathom Unlimited Inc. needed financial help in April as the pandemic led to...
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NewsToday In Payments: Economists Predict Recovery Will Take Two Years...
In today’s top news, economists say the U.S. economy could take two years to...
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EconomyWells Fargo CEO Calls For Cost-Saving Measures, Layoffs
Wells Fargo is engaging in significant cost-cutting, including layoffs, in a bid to become...
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Digital BankingWells Fargo Shuts Millennial-Friendly App ‘Greenhouse’ To New Clients
Wells Fargo has quietly stopped accepting new users for its Greenhouse mobile-first banking app,...
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EarningsBig Banks See Strength In Trading And Digital, But COVID...
Big banks kicked off the second-quarter earnings season Tuesday (July 14) by reporting COVID-weakened...
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NewsToday In Payments: Amazon Introduces Smart Shopping Carts; Europe Reopens,...
In today’s top news, Amazon introduced shopping carts that let customers skip checkout lines,...
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EarningsWells Fargo's Teller, ATM Transactions Drop 28 Pct Amid Pandemic
Wells Fargo reported Tuesday (July 14) that its teller and ATM transactions plunged 28...
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Security & FraudAmid Security Fears, Wells Fargo Tells Employees To Remove TikTok...
Citing security concerns, Wells Fargo is asking employees to remove the TikTok apps from...
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BankingWells Fargo Sets New Requirements For Jumbo Mortgages, May Reduce...
As it tightens the requirements for some mortgage transactions, Wells Fargo is mandating that new customers...
- SMBs
Wells Fargo Sets Out Its $400M Plan For Small Business...
Wells Fargo has come up with details of how it will donate the $400...
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SMBsWells Fargo On What It Will Take To Revive The...
Small- and medium-sized businesses have been hit hard by the pandemic, but most are...
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Digital-First BankingWells Fargo On Why First Impressions Are Key In Digital...
Consumers are embracing digital banking amid the pandemic, with many signing up for the...
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NewsToday In Payments: Uber Money Head Resigns; Brussels To Investigate...
In today’s top news, Peter Hazlehurst, head of Uber Money, has resigned, and Brussels...
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Digital-First BankingWells Fargo: First Impressions Are Key When It Comes To...
Digital banking has become the new normal as social distancing guidelines and stay-at-home orders...
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NewsToday In Payments: PayPal, Facebook Take Stake In Gojek; Aussie...
In today’s top news, PayPal and Facebook are to take stakes in Indonesia’s Gojek,...
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LoansWhy Wells Fargo Braked On Loans To Independent Auto Dealers
The coronavirus has idled all sorts of lending, as banks and other financial services...
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LoansWells Fargo Cuts Off Lending Services For Independent Car Dealers
Wells Fargo will no longer be giving loans to independent auto dealers, according to...
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Bank RegulationWells Fargo Announces New Risk Management Hires And Strategy
Kevin Reen and Bill Juliano, who recently worked for J.P.Morgan Chase and Santander Bank...
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InvestmentsInvestor Concerns Over Credit Losses Pull US Bank Stocks Down
The U.S. banking industry is the runt of the litter of the current stock...
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Partnerships / AcquisitionsGoldman Looks For Bank Merger Partner
Wells Fargo, PNC and U.S. Bancorp are the names on the shortlist of whom...
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NewsToday In Payments: Investigators Question Wells Fargo Over PPP Loans;...
In today’s top news, officials are investigating wells Fargo regarding its management of Paycheck...
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Security & FraudFederal, State Investigators Question Wells Fargo Over PPP Loans
Federal and state officials are investigating Wells Fargo regarding the bank’s management of Paycheck...
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NewsToday In Payments: Analysts Say Wells Fargo Road To Recovery...
In today’s top news, analysts lowered Wells Fargo’s rating, and N26 raised $100 million...
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Fraud PreventionWhy Understanding Commerce's New Normal Is Key To Fraud-Fighting Strategies
The last eight weeks has scrambled financial institutions’ tried and tested fraud-fighting approaches as...
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Bank RegulationAnalysts Lower Wells Fargo Rating, Saying Road To Recovery Will...
Analysts at UBS Securities lowered Wells Fargo’s rating and earnings forecast, saying the bank...
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NewsToday In Payments: Google Phone Data: Mixed Stay-Home Compliance; India’s...
In today’s top news, Google phone data shows variance around the globe for how...
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Fraud PreventionWells Fargo on Fraud Decisioning And The New Consumer’s New...
Financial institutions (FIs) face tough decisions when trying to keep their clients safe. Customers and...
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Banking‘Green Shoots’ Or Scorched Earth: What We’ve Learned From Banks...
Amid the coronavirus pandemic and recessions, the old saying in life might hold true...
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LoansWells Fargo Freezes New HELOCs As Mortgage Market Sputters
One of the nation’s biggest names in mortgage lending has put the brakes on...
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LegalLawsuits Allege Banks Played Favorites With PPP Loans
Separate class-action lawsuits were filed against Wells Fargo, Frost Bank, JPMorgan Chase, US Bancorp...
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EconomyBanks’ $25B Loan Reserves Show Grim Expectations For Economic Road...
Against a backdrop where Labor Department data showed 5.2 million additional Americans filed for...
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BankingBanking On A Rough Earnings Season For Banks
Three months seems a lifetime ago, pre-coronavirus pandemic, pre-recession, pre-lockdown, pre-bailouts. The stark changes...
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NewsHealthcare Payments AI, Subscription Churn, Turbo Tax Tool For Stimulus...
It’s the end of the workweek, and the PYMNTS Weekender is here to make...
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RegulationFed Temporarily Eases Wells Fargo’s Growth Limits To Assist SMBs
Wells Fargo is getting a break thanks to the COVID-19 pandemic. The Federal Reserve...
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LoansWells Fargo Says Lift Asset Cap To Helps SMBs
Wells Fargo said it wants to help more with the federal government's programs to...
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NewsToday In Payments: Wells Fargo To Cap SMB Bailout Loans...
In today’s top news, Wells Fargo began taking loan applications, saying it will disperse...
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LoansWells Fargo To Cap SMB Bailout Loans at $10 Billion
Wells Fargo announced it will begin taking loan applications on Monday (April 6) as...
