wells fargo

Wells Fargo Pays $3B In Fake Account Scandal
Wells Fargo Pays $3B In Fake Account Scandal
February 21, 2020  |  Bank Regulation

Wells Fargo agreed to pay $3 billion as a settlement with regulators over a scandal involving the creation of fake accounts, according to a report...

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Laura Ashley Catches Second Wind With Funding From MUI
Laura Ashley Catches Second Wind With Funding From MUI
February 20, 2020  |  Retail

Laura Ashley shares have recovered in the aftermath of an agreement finally reached between its main shareholder and leading creditor, The Financial Times reported. Get...

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Mastercard Card Clearing In China, Unattended Retail, Rapid Settlements Top This Week’s News
Mastercard Card Clearing In China, Unattended Retail, Rapid Settlements Top This Week’s News
February 14, 2020  |  News

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...

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Wells Fargo Invests $5M In Blockchain Analysis Startup Elliptic
Wells Fargo Invests $5M In Blockchain Analysis Startup Elliptic
February 13, 2020  |  Investments

Wells Fargo Strategic Capital (WFSC) is backing the London-based blockchain analysis firm Elliptic with a $5 million investment, bringing the startup’s Series B round to...

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Wells Fargo CEO Reorganizes Business Units
Wells Fargo CEO Reorganizes Business Units
February 12, 2020  |  Personnel

Wells Fargo executive Charles Scharf wants to stamp out any hint of scandal by redoing the company’s reporting lines, splitting the banking giant’s three divisions...

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Coronavirus Concerns Hit Retail Supply Chain
Coronavirus Concerns Hit Retail Supply Chain
February 11, 2020  |  International

The phrase “out of stock” is starting to show up in discussions about the coronavirus. As Chinese companies and American companies doing business in China...

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Wells Faces Continued Scrutiny After Scandals
Wells Faces Continued Scrutiny After Scandals
January 24, 2020  |  Bank Regulation

Wells Fargo’s woes, which began in earnest in 2016 when a scandal involving millions of fake accounts created to boost numbers came to light, are...

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Wells Fargo Fallout, New Amazon Payments Top Week’s News
Wells Fargo Fallout, New Amazon Payments Top Week’s News
January 24, 2020  |  News

It’s that time again — the weekend! But before you really sink into your fun and relaxation, allow the latest edition of the PYMNTS Weekender...

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Top News In Payments: TCH Increases RTP Threshold; Verizon Teams With Synchrony For Card
Top News In Payments: TCH Increases RTP Threshold; Verizon Teams With Synchrony For Card
January 24, 2020  |  News

In today’s top news, The Clearing House (TCH) is increasing the value limit for general transactions on the TCH-operated real-time payments (RTP) network, Verizon is working with...

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