wells fargo

Wells Fargo To Pay $3.4M Fine Over Complex ETPs

Wells Fargo To Pay $3.4M Fine Over Complex ETPs
Wells Fargo To Pay $3.4M Fine Over Complex ETPs
October 17, 2017  |  Bank Regulation

The Financial Industry Regulatory Authority (FINRA) announced news on Monday (Oct. 16) that it has ordered Wells Fargo Clearing Services and Wells Fargo Advisors Financial...

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US Banks Push To Improve Security Post-Equifax
US Banks Push To Improve Security Post-Equifax
October 16, 2017  |  Banking

In the wake of the massive hack of Equifax, U.S. banks are leveling up their anti-fraud game in response to the fact that 143 million...

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Wells Fargo Mixed 3Q Shows Some Traction In Cards
Wells Fargo Mixed 3Q Shows Some Traction In Cards
October 13, 2017  |  Banking

Wells Fargo’s third-quarter earnings report was marked with mixed results on Friday (Oct. 13), as the beleaguered bank — rocked by scandals tied to sales activities...

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Ohio Gives Wells Fargo Six-Month Time Out
Ohio Gives Wells Fargo Six-Month Time Out
October 13, 2017  |  Bank Regulation

Ohio announced that it is extending its ban on doing business with Wells Fargo because the bank “still has work to do” when it comes...

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Flexport Raises $110 Million With Plans for Trade Finance
Flexport Raises $110 Million With Plans for Trade Finance
October 12, 2017  |  B2B Payments

It’s been a big week for B2B startups on the venture capital front, with freight forwarding company Flexport emerging as the latest winner in the space....

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Wells Fargo Rolls Out Contactless Withdrawals At Thousands Of ATMs
Wells Fargo Rolls Out Contactless Withdrawals At Thousands Of ATMs
October 11, 2017  |  Payment Methods

Wells Fargo announced Tuesday (Oct. 10) it has rolled out a tap-and-pay near-field communication (NFC) functionally that works with more than 5,000 ATMs around the...

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Judge Tells Wells Board, Execs They Can Be Sued
Judge Tells Wells Board, Execs They Can Be Sued
October 06, 2017  |  Cybersecurity

Wells Fargo’s current and former executives and directors have to face most of the lawsuits lodged against the company and its executives by shareholders who...

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Congresswoman Waters Introduces Bill To Punish Bad Banks
Congresswoman Waters Introduces Bill To Punish Bad Banks
October 05, 2017  |  Bank Regulation

Top Democrat Maxine Waters has introduced a bill outlining a process to break apart big banks that engage in widespread consumer abuse. Get the Full...

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