Cardlytics hooks Wells Fargo as partner
Bank will launch Cardlytics Direct nationally and across all digital channels.
Wells Fargo
Wells Fargo customers lose homes due to IT glitch
The bank incorrectly denied hundreds of people mortgage modifications.
Core components of an AI programme
Don’t be afraid to start small.
Expensify and Wells Fargo team for deeper bank integration
Wells Fargo will pilot Expensify’s deeper bank integration programme.
Wells Fargo whacked with $1bn fine for lending violations
For US auto-loan administration and mortgage practices.
Customer experience at the centre of innovation agenda
Innovating is the only way to stay ahead in today’s dynamic marketplace.
2,000+ bank branches closed in US in 2017
Digital is all the rage now for US banks.
Wells Fargo Fake Bank Account Scandal Grows
The scandal of employees at Wells Fargo creating 2.1 million fake bank accounts and credit card numbers to boost sales figures has just gotten bigger.
Zelle Makes Presence Known in P2P Arena
The recent performance of Zelle Network, the P2P payments platform with the funny name, is no laughing matter for competing P2P providers. Early Warning Services, a provider of real-time payments, authentication and risk mitigation services, announced April 17 that its Zelle Network processed more than 170 million P2P payments in 2016, totaling $55 billion in transaction value.
Wells Fargo Settles Account-Scandal Claims but Runs Afoul of Federal Regulator
Wells Fargo will pay $110 million to settle a class action lawsuit brought by U.S. consumers over a scandal about fake accounts its employees set up for customers without their knowledge. But the trouble continues for the financial institution, which has received a dim evaluation from a federal regulator.
Wells Fargo Faces New Pressure from Top Democrat over Fake Accounts
The top Democrat on the U.S. House Financial Services Committee wants to interview executives from Wells Fargo over a scandal about fake accounts its employees set up for customers. Last year, the CFPB announced a $100 million fine against Wells Fargo for what the agency called “widespread unlawful sales practices.” The agency said the fine was the largest such penalty it has ever issued.
