Wells Fargo News & Media
Wells Fargo hits cap on loans for SBA relief program
April 6, 2020
Small businesses banking with Wells Fargo and looking to the financial institution to help provide some of the $350 billion in emergency loans from the federal…
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Wells Fargo, Santander adjust branch operations, waive fees
March 23, 2020
Another round of U.S. banks are adjusting bank hours, waiving fees and offering payment extensions to help customers impacted by the coronavirus pandemic.
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Wells Fargo to launch zero- and limited-overdraft fee accounts
March 3, 2020
(Updated at 7:45 p.m. EST with additional background)
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Fidelity spins off Akoya to boost consumer control over finance data
February 20, 2020
FMR LLC, the parent of Fidelity Investments, is spinning off financial data firm Akoya into a company that will be jointly owned by Fidelity, The Clearing…
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USAA claims $200M victory in remote deposit patent suit against Wells Fargo
November 7, 2019
USAA announced that it was awarded $200 million in a U.S. District Court jury trial in Marshall, Texas, involving a patent infringement case over Wells Fargo…
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Wells Fargo to launch digital currency on its blockchain platform
September 17, 2019
Wells Fargo & Co. announced plans to launch a digital currency called Wells Fargo Digital Cash on its blockchain platform. Clients will be able to use…
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Greenlight Financial raises $54M with backing from JPMorgan, Wells Fargo
September 16, 2019
Greenlight Financial Technology Inc., said it raised $54 million in Series B funding led by Drive Capital, with backing from JPMorgan Chase and Wells Fargo.
read nowWells Fargo CEO steps down
March 28, 2019
Wells Fargo & Company has announced that CEO and president Timothy J. Sloan has informed the company's board of directors of his decision to retire from…
read nowMajor banks to waive ATM fees for California EBT cardholders
February 19, 2019
A coalition of California community groups and social service providers has announced that Bank of America, JPMorgan Chase, and Wells Fargo will now provide…
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How banks and their customers can benefit from artificial intelligence
by Will Hernandez — Editor, NetWorld Media Group
The question of how artificial intelligence can help banks to achieve more meaningful interactions with customers was an overriding theme at the Bank Customer…
read nowWells Fargo to shrink workforce by up to 10 percent
September 25, 2018
Wells Fargo & Co. CEO Tim Sloan announced on Thursday in a companywide town hall meeting that the company will trim 5 percent to 10 percent of its total…
read nowChase catches up, announces nationwide rollout of cardless ATM access
August 2, 2018
Chase customers can now get cash through the mobile wallet on their smartphone at nearly all of the bank's 16,000 ATMs nationwide. The wallet can also be used…
read nowWells Fargo lets customers pay from home screen of mobile banking app
May 17, 2018
Wells Fargo & Co. has introduced Pay with Wells Fargo to the bank's mobile app. The feature allows customers to select their most commonly used payment…
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