wells fargo

Zelle Operator Readies Summer Rollout of Paze Digital Wallet
Zelle Operator Readies Summer Rollout of Paze Digital Wallet
March 28, 2023  |  Mobile Wallets

Early Warning Services, operator of the Zelle money transfer system, is piloting a digital wallet called Paze to compete with digital wallets from Big Tech....

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JPMorgan, BofA, 9 Other Banks Deposit $30 Billion in First Republic
JPMorgan, BofA, 9 Other Banks Deposit $30 Billion in First Republic
March 16, 2023  |  Banking

Eleven large U.S. banks are making uninsured deposits totaling $30 billion into First Republic Bank. The move ensures First Republic has the liquidity it needs,...

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Report: First Republic Could Get Rescue From Banking Giants
Report: First Republic Could Get Rescue From Banking Giants
March 16, 2023  |  Digital-First Banking

America’s largest lenders are reportedly considering a plan to rescue the embattled First Republic Bank. JPMorgan Chase, Bank of America and Wells Fargo are working together to offer a capital...

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Report: Big Banks See Uptick in Deposits After SVB Collapse
Report: Big Banks See Uptick in Deposits After SVB Collapse
March 14, 2023  |  Banking

Silicon Valley Bank’s downfall has reportedly brought more business to America’s larger lenders. Following last week’s failure of Silicon Valley Bank (SVB) — bookended by...

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Credit Card App Provider Ranking Is Not Interest Free
Credit Card App Provider Ranking Is Not Interest Free
March 13, 2023  |  Mobile Applications

What’s in your wallet? Only our Provider Ranking of Credit Card Apps knows for sure. This one is easy, but not as much as it...

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Banks’ Market Values Plunge Thursday as Depositors Flee for Higher Rates
Banks’ Market Values Plunge Thursday as Depositors Flee for Higher Rates
March 09, 2023  |  Banking

Investors’ concerns about banks’ unrealized losses on securities caused financial stocks to plunge Thursday. Compared to the previous day, JPMorgan’s market value dropped by $22...

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Banks Hike Rates as Deposits See Historic Drop
Banks Hike Rates as Deposits See Historic Drop
March 06, 2023  |  Banking

Banks are raising their deposit rates to woo back consumers from higher-yield alternatives. A move to things like Treasury bills and money market funds has...

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Tether Holdings Allegedly Used Falsified Documents to Access Banking System
Tether Holdings Allegedly Used Falsified Documents to Access Banking System
March 03, 2023  |  Cryptocurrency

Companies behind the tether stablecoin allegedly used falsified documents to access the banking system, according to a report. In 2018, after Wells Fargo had stopped...

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Wells Fargo to Launch Digital Platform for Wealth Management
Wells Fargo to Launch Digital Platform for Wealth Management
February 22, 2023  |  Digital Banking

Wells Fargo is preparing to launch a digital platform offering clients tools for wealth management. The new LifeSync, which will be available to select clients...

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