wells fargo

Wells Fargo Replaces, Restructures Exec Team

Wells Fargo Replaces, Restructures Exec Team
Wells Fargo Replaces, Restructures Exec Team
May 31, 2017  |  Banking

Wells Fargo is re-shuffling the deck after a huge scandal last year left the bank playing 52-card pickup. Under the watch of the former head...

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Wells Targets ACH Data Friction In Accounts Receivable
Wells Targets ACH Data Friction In Accounts Receivable
May 22, 2017  |  B2B Payments

As Wells Fargo looks to continue to pick itself up after a series of scandals, the FI is also positioning itself closer to the corporate...

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Lawyers Say Fake Wells Accounts Number 3.5M
Lawyers Say Fake Wells Accounts Number 3.5M
May 15, 2017  |  Bank Regulation

The saga continues for Wells Fargo, as plaintiff lawyers in its fraudulent case up the fictitious accounts opened number. Get the Full Story Complete the...

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Wells Investors Disappointed By Wells’ Soft Revenue Outlook
Wells Investors Disappointed By Wells’ Soft Revenue Outlook
May 12, 2017  |  Banking

Scandal has its costs — and as Wells Fargo shareholders learned this week at investor day, those costs can be steep and ongoing. Get the...

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Credit, Debit, Prepaid Card Purchases Increased 7 Percent In 2016
Credit, Debit, Prepaid Card Purchases Increased 7 Percent In 2016
May 09, 2017  |  Payment Methods

Credit, debit and prepaid cards issued in the U.S. saw purchase volume increase 7 percent year over year in 2016. That’s according to the Nilson Report,...

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Wells Fargo Could Add $200M+ To Legal Bill
Wells Fargo Could Add $200M+ To Legal Bill
May 08, 2017  |  Legal & Regulation

Wells Fargo is still facing heat from last year’s fraudulent accounts scandal, as lawsuits against the financial firm are reportedly piling up. Get the Full...

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Wells Fargo May Targeted Undocumented Workers With Fake Accounts
Wells Fargo May Targeted Undocumented Workers With Fake Accounts
May 05, 2017  |  Cybersecurity

Wells Fargo Chief Executive Tim Sloan denied the company had specifically targeted undocumented workers during the years workers were creating fake customer accounts, but according...

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Wells Fargo Loses Contract With City Of Philadelphia
Wells Fargo Loses Contract With City Of Philadelphia
May 03, 2017  |  Cybersecurity

Wells Fargo is trying to move beyond its fake account scandal, but that’s not happening at least in the city of Philadelphia, where the embattled...

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