wells fargo

Capital One Garners Perfect Score, Tops Credit Card Apps
Capital One Garners Perfect Score, Tops Credit Card Apps
August 18, 2022  |  Credit Cards

The latest iteration of PYMNTS’ Provider Ranking of Credit Card Apps shows that while some things change, some things remain the same. As to what’s...

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Loan Loss Reserves Creep Up at Cautious Wells and Citi
Loan Loss Reserves Creep Up at Cautious Wells and Citi
July 15, 2022  |  Digital-First Banking

The banks see strength — in consumer spending, debit, credit and in a recession that may prove short-lived. But they are preparing for some bumpiness...

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Bank Earnings Show Great Digital, Mobile Shift Is Unstoppable
Bank Earnings Show Great Digital, Mobile Shift Is Unstoppable
July 15, 2022  |  Earnings

The bank earnings continue to roll in. And amid the commentary on the state of the consumer, on the impact of white-hot inflation, on deposits...

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Weekly TechREG US: Federal Agencies Respond to Biden’s Crypto Executive Order; Bank Regulators Urged Banks to Conduct Customer Due Diligence, Avoid De-risking Practices 
Weekly TechREG US: Federal Agencies Respond to Biden’s Crypto Executive Order; Bank Regulators Urged Banks...
July 08, 2022  |  Regulation

This week, the U.S. Treasury proposed to the White House a plan to strengthen international cooperation on crypto regulation to make sure that the country...

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Today in TechREG: Amazon Faces a New UK Antitrust Investigation; Department of Commerce Urged to Slow Roll CBDCs and Clarify Crypto Rules 
Today in TechREG: Amazon Faces a New UK Antitrust Investigation; Department of Commerce Urged to...
July 06, 2022  |  Regulation

Today, the U.K. Competition Markets Authority launched an investigation against Amazon for allegedly giving its own sellers an unfair advantage in its marketplace over third...

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Maxine Waters Says Regulators Should Address Wells Fargo’s ‘Anti-Consumer Behavior’
Maxine Waters Says Regulators Should Address Wells Fargo’s ‘Anti-Consumer Behavior’
June 29, 2022  |  Banking

Rep. Maxine Waters (D-Calif.), chairwoman of the House Financial Services Committee, has sent a letter to U.S. regulators over Wells Fargo’s allegedly discriminatory conduct and...

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Today in TechREG: EU Lawmakers Look to Pass Online Platform Bills Next Week; Wells Fargo, Zelle Dodged Fraud Lawsuit
Today in TechREG: EU Lawmakers Look to Pass Online Platform Bills Next Week; Wells Fargo,...
June 29, 2022  |  Regulation

Today in TechREG, allegations of fraud and scams against Walmart, Wells Fargo and Zelle followed very different paths. Whereas the lawsuit against the banking giant...

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Today in FinTech: Volt Gives Up Bank License; Wells Fargo, Zelle Suit Dropped
Today in FinTech: Volt Gives Up Bank License; Wells Fargo, Zelle Suit Dropped
June 29, 2022  |  Technology

In today’s FinTech news, Aussie FinTech Airwallex is moving into New Zealand with its multi-currency digital wallets, while Aussie bank Volt hands back its license....

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Class-Action Lawsuit Dropped Against Wells Fargo, Zelle
Class-Action Lawsuit Dropped Against Wells Fargo, Zelle
June 29, 2022  |  Security & Fraud

A class-action lawsuit launched against banking giant Wells Fargo and digital payments network Zelle was dropped, Law360 reported. Seattle resident Luke Hartsock claimed he was...

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