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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.

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Wells Fargo has joined a wave of banks banning crypto purchases with bank-issued credit cards.

US Bank Wells Fargo Bans Crypto Purchases With Its Credit Cards

2018-06-12T00:10:00+01:00

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Cointelegraph tried to shed some light on the Tether case grey area

Tether Case, Explained

2017-08-25T16:10:00+01:00

The vast majority of bank users and consumers reliant on financial service providers are moving toward Bitcoin and innovative fintech applications.

Consumers Losing Trust in Banks, Moving Towards Bitcoin

2017-08-07T16:55:00+01:00

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Wells Fargo is being ‘uniquely aggressive’ defending its right to manipulate customer accounts as a six-year court battle continues.

Wells Fargo Could Take Overdraft Manipulation ‘Right’ To Supreme Court

2017-07-19T12:10:00+01:00

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The writing’s on the wall for legacy logistics companies: Blockchain is taking over.

Logistics Industry: Next Step to Global Economy’s Blockchainization

2017-07-15T11:20:00+01:00

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Jesse Lund, senior vice president and head of Innovation Labs at Wells Fargo is leaving the company by the end of this month for IBM.

Wells Fargo Loses Blockchain Visionary to Rival IBM

2017-01-26T10:25:00+00:00

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New and unique implementations of the blockchain technology are being introduced, including the Commonwealth Bank’s blockchain-based shipment of cotton and Walm...

How Walmart, Wells Fargo and Other Multi-Billion Dollar Giants Use Blockchain to Check, Keep and Ship Products

2016-12-10T11:40:00+00:00

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A ship has left Houston, Texas, headed for Qingdao, China with 88 bales of cotton. A smart contract to authorize payments for these bales through an entry on th...

Wells Fargo and Australian Bank Begin Sending Physical Products Via Blockchain

2016-10-24T10:27:00+01:00

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