Tagged: wells fargo

February 24, 2023 @ 3:47 pm By Omar Faridi  |  

Wells Fargo & Company (NYSE: WFC) announces the launch of LifeSync, a personalized digital approach to aligning clients’ goals with their money. LifeSync, in the Wells Fargo Mobile® app, will be “available at the end of March to Wealth & Investment Management (WIM) clients.” Delivering… Read More

January 23, 2023 @ 9:29 am By JD Alois  |  

In a move that should come as no surprise – except for the delay in moving forward on the strategy – the big banks that helped to found Zelle are creating their own digital wall, according to a report. The seven banks, including Citi, Bank… Read More

November 20, 2022 @ 9:32 pm By Omar Faridi  |  

Wells Fargo & Company (NYSE: WFC) and HSBC Bank plc announced that the blockchain-based solution they are using for bilateral FX settlements is “expanding to include the offshore yuan (CNH).” The offshore yuan “marks the fifth currency to be settled between the two banks using… Read More

November 17, 2022 @ 10:27 pm By Omar Faridi  |  

To help meet short-term cash needs, eligible customers now have another option with the newest product from Wells Fargo & Company (NYSE: WFC) – Flex Loan. Flex Loan is described as “a digital-only, small-dollar loan that will provide millions of eligible customers convenient and affordable… Read More

September 20, 2022 @ 5:50 pm By JD Alois  |  

As was previously announced the House Financial Services Committee will be holding a hearing tomorrow (September 21st) entitled “Holding Megabanks Accountable: Oversight of America’s Largest Consumer Facing Banks.”  The largest banks in the US will each have CEOs participating in the hearing, including: Jamie Dimon,… Read More

May 24, 2022 @ 11:07 pm By Omar Faridi  |  

Wells Fargo Wealth & Investment Management (WIM) recently announced the relaunch of Intuitive Investor, its digitally automated investing platform. Investors can now “access the robo-advisory platform with only a minimum $500 investment.” Michelle Moore, head of Digital for Consumer and WIM at Wells Fargo, said:… Read More

April 22, 2022 @ 2:25 pm By Omar Faridi  |  

Wells Fargo (NYSE: WFC) recently announced the Small Business Resource Navigator, which is an online portal helping connect small business owners “to potential financing options and technical assistance through Community Development Financial Institutions (CDFIs) across the country.” The portal was launched in collaboration “with the… Read More

March 29, 2022 @ 2:31 pm By Omar Faridi  |  

Wells Fargo & Company (NYSE: WFC) has announced a partnership with Bilt Rewards, the loyalty program for renters, and Mastercard (NYSE: MA), in order to become the “official” issuer for the Bilt Mastercard. The co-brand credit card allows members “to pay rent and earn points… Read More

August 25, 2021 @ 2:26 pm By Tony Zerucha  |  

Even though Bitcoin had shown some positives until recently, there are reasons for concern, GlobalBlock sales trader Marcus Sotiriou said this week. Sotiriou said Bitcoin closed another day above the 200-day moving average on Monday, while also completing a support/resistance flip of the $48,000 level… Read More

June 30, 2021 @ 3:33 pm By Omar Faridi  |  

Wells Fargo (NYSE: WFC) has reportedly acquired a stake in Theta Lake, an established provider of compliance and security solutions for chat, video, and voice collaboration tools. Theta Lake aims to support the hybrid working trends that are becoming quite popular, especially after the COVID… Read More

May 17, 2021 @ 1:47 pm By Samantha Hurst  |  

  Wells Fargo (NYSE: WFC) announced on Monday the launch of its Banking Inclusion Initiative, which is described as a 10-year commitment to help unbanked individuals gain access to affordable, mainstream, digitally-enabled transactional accounts. According to Wells Fargo, the initiative will focus on reaching unbanked communities and,… Read More

May 3, 2021 @ 11:00 am By Samantha Hurst  |  

    TD Bank announced on Monday it has completed the acquisition of Wells Fargo’s Canadian Direct Equipment Finance business. TD Bank reported that the acquisition adds scale and capabilities to its existing Canadian Equipment Financing business and expands the bank’s presence in core markets. While… Read More

January 14, 2021 @ 4:10 pm By Samantha Hurst  |  

  Toronto-Dominion Bank (TD Bank) announced on Thursday it has signed a definitive agreement to acquire Wells Fargo’s Canadian Direct Equipment Finance business. TD reported that the acquisition of Wells Fargo’s Canadian Direct Equipment Finance business is expected to add scale and capabilities to its… Read More

December 9, 2020 @ 11:45 am By Samantha Hurst  |  

  Bill.com, a business payments and software platform provider, announced on Wednesday it has teamed up with Wells Fargo & Company (NYSE: WFC) to introduce Bill Manager, which is a new joint offering now available to help automate and simplify the accounts payable and receivable… Read More

November 22, 2020 @ 10:19 pm By Samantha Hurst  |  

    Wells Fargo (NYSE: WFC) recently announced it has launched “WellsOne” virtual card payments Services. The launch of WellsOne comes just a little over a month after Wells Fargo launched its new payment track, which is a single status, secure, web-based solution for tracking… Read More

October 5, 2020 @ 3:51 pm By Samantha Hurst  |  

Wells Fargo announced on Monday the launch of its new payment tracker. According to Wells Fargo, the payment tracker is a single status, secure, web-based solution for tracking global payments. Wells Fargo revealed that the payment tracker is a free tool that leverages Wells Fargo’s… Read More

September 1, 2020 @ 2:27 pm By Samantha Hurst  |  

Global Payments Inc. (NYSE: GPN), a worldwide provider of payment technology and software solutions, announced on Tuesday its Issuer Solutions business, TSYS, has renewed its agreement with Wells Fargo Bank. Through the agreement,  TSYS will continue to provide a range of processing and support services… Read More

June 18, 2020 @ 8:44 am By Samantha Hurst  |  

  iCapital Network, a fintech providing access to alternative investments, announced on Thursday has entered into an agreement to acquire the alternative investments feeder fund platform from Wells Fargo’s (NYSE: WFC) Global Alternative Investments (GAI) division. iCapital reported as a part of the transaction, Wells… Read More

May 4, 2020 @ 7:35 am By Omar Faridi  |  

Mobile and online banking users have increased significantly due to the COVID-19 pandemic. This, as banks across the globe have taken measures to limit or restrict in-person visits to physical branches, in order to prevent the further spread of the Coronavirus. A recent J.D. Power… Read More

February 26, 2020 @ 11:52 am By Samantha Hurst  |  

DadeSystem, a U.S.-based fintech that provides integrated receivable solutions, announced on Wednesday it secured an additional investment from Wells Fargo Strategic Capital, a subsidiary of Wells Fargo & Company, through its Series D funding round. Founded in 2011, DadeSystem claims to be a leading provider… Read More