wells fargo

US Banks Devising Plan to Reimburse Zelle Scam Victims

US Banks Devising Plan to Reimburse Zelle Scam Victims
US Banks Devising Plan to Reimburse Zelle Scam Victims
November 28, 2022  |  Banking

Seven of America’s largest banks are reportedly working on a plan to reimburse victims of scams on their payment network Zelle amid calls for greater...

READ MORE >
Instant Payments Help New Payments Ecosystems Blossom
Instant Payments Help New Payments Ecosystems Blossom
November 28, 2022  |  Real-Time Payments

Faster payments take center stage this coming year, as FedNow, the U.S.-based instant payments network, gets up and running. Get the Full Story Complete the...

READ MORE >
Wells Fargo and HSBC Add Offshore Yuan to FX System
Wells Fargo and HSBC Add Offshore Yuan to FX System
November 17, 2022  |  Blockchain

Wells Fargo and HSBC, two of the world’s largest banks, have added the offshore version of China’s yuan (CNH) to their blockchain-based foreign exchange (FX)...

READ MORE >
CFPB Seeks $1B+ in Fines From Wells Fargo
CFPB Seeks $1B+ in Fines From Wells Fargo
November 06, 2022  |  CFPB

The Consumer Financial Protection Bureau (CFPB) wants Wells Fargo to pay more than $1 billion for alleged mistreatment of customers, a settlement that would surpass...

READ MORE >
Real Estate Startup Bilt Sees Valuation Quadruple to $1.5B
Real Estate Startup Bilt Sees Valuation Quadruple to $1.5B
October 25, 2022  |  Investments

The chief executive of real estate startup Bilt Rewards says his company has seen its valuation grow fourfold to $1.5 billion following a $150 million...

READ MORE >
Bank Earnings Show Consumers’ Increased Use of Digital Channels
Bank Earnings Show Consumers’ Increased Use of Digital Channels
October 14, 2022  |  Banking

Earnings season has just gotten underway. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

READ MORE >
Banks Expected to Boost Loan-Loss Reserves for Third Consecutive Quarter
Banks Expected to Boost Loan-Loss Reserves for Third Consecutive Quarter
October 11, 2022  |  Banking

Bank loan-loss reserves are expected to increase for the third month in a row to as much as $4.5 billion as the nation’s six largest...

READ MORE >
Capital One Continues to Lead Credit Card App Provider Rankings
Capital One Continues to Lead Credit Card App Provider Rankings
September 27, 2022  |  Credit Cards

Still: Top of the heap. A-number one. At least for this month, Get the Full Story Complete the form to unlock this article and enjoy...

READ MORE >