Tagged: wells fargo

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

November 9, 2019 @ 7:17 pm By Omar Faridi  |  

San Francisco-based Wells Fargo, the fourth-largest bank in the US by total assets, and Dutch banking giant ING led a $19.3 million round in Chicago-based Regtech firm Ascent Ascent provides a cloud-based platform that helps financial services providers to keep their business operations compliant. The… Read More

September 19, 2019 @ 8:24 am By Samantha Hurst  |  

Wells Fargo & Company (NYSE: WFC) announced on Thursday it has signed a new data exchange agreement with U.S. fintech Plaid. According to the duo, this new agreement will allow Wells Fargo customers will be able to conveniently and more securely share their financial data… Read More

May 16, 2019 @ 2:01 pm By Samantha Hurst  |  

Operating system of finance, OpenFin, announced on Thursday it secured $17 million through its Series C funding round, which was led by Wells Fargo with participation from Barclays and existing investors including Bain Capital Ventures, J.P. Morgan and Pivot Investment Partners. Founded in 2010, OpenFin… Read More

April 3, 2019 @ 2:31 pm By Samantha Hurst  |  

Wells Fargo & Company (NYSE: WFC) announced on Thursday the launch its new contactless consumer credit and debit cards. According to Wells Fargo, the cards will allow customers to complete a transaction quickly with a single tap at millions of merchants, including transit systems, around… Read More

January 20, 2018 @ 11:59 am By Samantha Hurst  |  

Wells Fargo & Company (NYSE: WFC) recently announced it is partnering with Fitbit (NYSE: FIT) to launch Fitbit Pay for its customers. According to the banking giant, the new payment system will give customers the ability to conveniently and securely make purchases at merchants whose payment terminals are set… Read More

December 17, 2017 @ 3:26 pm By Rae Steinback  |  

We’ve been hearing a lot of talk about chatbots lately. Some of these conversations are about the ways that companies are having success with chatbots, but others are about brands that have failed to implement them properly. What is A Chatbot? A chatbot is a… Read More

November 2, 2017 @ 6:09 pm By JD Alois  |  

Wells Fargo & Company (NYSE:WFC)  has launched a mobile first, digital bank branded as Greenhouse by Wells Fargo. The traditional bank predicted Greenhouse “will appeal to a broad base of consumers, many of whom have several income sources or are paid infrequently, which can make… Read More

November 2, 2017 @ 11:11 am By Samantha Hurst  |  

Banking giant Wells Fargo announced on Thursday the launch of its new banking app, Greenhouse. The company described the app as a new mobile banking experience that provides tools to help consumers manage their money and know where they stand financially.  According to Wells Fargo, consumers… Read More

October 23, 2017 @ 11:27 am By Samantha Hurst  |  

Wells Fargo announced on Monday four early-stage fintech companies,  Edquity, Hurdlr, Redrock Biometrics, and SimSpace, are the latest startups to join the Wells Fargo Startup Accelerator. The banking giant revealed that it started the non-exclusive, six-month program a little over three years ago to join startups in… Read More

August 31, 2017 @ 5:21 pm By JD Alois  |  

Over the past several years, traditional financial services firms have thrown shade at alternative finance platforms by labeling them “Shadow Finance.” This oblique reference to Fintech firms seeking to disrupt and dethrone old school banks is standard banter on the various financial news networks. Even… Read More