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Wells Fargo News

Wells Fargo is a banking company that provides financial and insuring services in the United States, Canada and Puerto-Rico. Wells Fargo was founded by Henry Wells in 1852 and the main office of the company is currently headquartered in San Francisco. The company also provides the Well Fargo Online Banking service for managing finance via mobile devices. Wells Fargo’s Bitcoin and blockchain technologies involvement started in 2016, when Wells Fargo and an Australian bank signed an agreement on utilizing blockchain technology for a cotton shipment from the U.S. to China. It became the first shipment made with blockchain. However, in 2018, the company banned crypto purchases made with Wells Fargo’s issued cards.

News
Wells Fargo analyst Mike Mayo predicts that technology will enable efficiency and greater returns for banks this decade.
Mike Mayo of Wells Fargo Says ‘We Are Living in the Golden Decade of Banks and Technology’
Rachel Wolfson
2020-01-01T00:23:00+00:00
7653
News
A new strain of Trojan malware for Android phones is targeting global users of top crypto apps such as Coinbase, BitPay and Bitcoin Wallet.
Android Malware Targets Users of 32 Crypto Apps, Including Coinbase, BitPay
Marie Huillet
2019-03-29T10:31:00+00:00
19200
News
Wells Fargo CEO Tim Sloan and Mastercard CEO Ajaypal Banga agreed that there is still no clear blockchain-based business model.
CEOs of Mastercard and Wells Fargo Concur on Blockchain’s Long Term Potential
Helen Partz
2019-03-28T16:14:00+00:00
4067
News
ErisX announced that it has hired former Wells Fargo executive Kyle Unterseher as a business development executive.
US Crypto Exchange ErisX Hires Former Wells Fargo Executive as Business Developer
Adrian Zmudzinski
2019-03-05T16:16:00+00:00
3274
News
The largest private bank in Brazil, Itau Unibanco, has tested a $100 million loan on a blockchain platform powered by R3.
Major Latin American Bank Conglomerate Itau to Create Blockchain Platform for Small Loans
Ana Berman
2018-12-04T18:07:00+00:00
5009
News
Major crypto exchange Bitfinex has responded to a recent swathe of online rumors, disproving claims the firm is “insolvent” or facing banking issues.
Crypto Exchange Bitfinex Denies Rumors of 'Insolvency' and 'Banking Issues'
Marie Huillet
2018-10-08T11:41:00+01:00
7785
News
New Gallup poll finds most U.S. investors will not be investing in the cryptocurrency any time soon, though there is still interest.
New Gallup Poll Shows Only 2% of US Investors Own Bitcoin, But 26% Are ‘Intrigued’
Maxwell William
2018-07-28T18:50:00+01:00
44308
News
San-Francisco-based bank Wells Fargo has filed a patent for a tokenization system that would protect sensitive data.
Wells Fargo Files Patent for Tokenization System to Protect Sensitive Data
Marie Huillet
2018-07-18T13:22:00+01:00
17164

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