wells fargo

Banks Tap AI for Estate Management and Compliance
Banks Tap AI for Estate Management and Compliance
August 27, 2024  |  artificial intelligence

Artificial intelligence (AI) is giving financial institutions new tools to meet their goals. Wells Fargo’s AI-driven estate management is boosting customer satisfaction, while Treasury Prime...

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Report: JPMorgan Chase Faces Lawsuit Aimed at Cash Sweep Program
Report: JPMorgan Chase Faces Lawsuit Aimed at Cash Sweep Program
August 26, 2024  |  Legal

JPMorgan Chase is reportedly facing a lawsuit that alleges that the bank paid “unreasonably” low interest rates on accounts used in its cash sweep program....

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Regulatory Backlash Against Chatbots Comes as Banks Find Value in Their Use
Regulatory Backlash Against Chatbots Comes as Banks Find Value in Their Use
August 14, 2024  |  artificial intelligence

For banks, the chatbot is a tool that’s being retooled, a work in progress. The progress is being hastened by artificial intelligence (AI), where the...

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JPMorgan Chase Evaluates Legal Options as CFPB Scrutinizes Zelle Payments
JPMorgan Chase Evaluates Legal Options as CFPB Scrutinizes Zelle Payments
August 04, 2024  |  Security & Fraud

JPMorgan Chase could be headed for a dust-up with the Consumer Financial Protection Bureau. In its “Consolidated Financial Statements” for the six months ending June...

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New Deals and Digital Expansion Drive Mastercard’s Q2 Revenue Surge
New Deals and Digital Expansion Drive Mastercard’s Q2 Revenue Surge
July 31, 2024  |  Earnings

Playing a hot hand of new deals and balanced global consumer spending, Mastercard posted double-digit revenue growth for the second quarter, as announced in its...

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Wells Fargo Won’t Renew Naming Rights on Philadelphia Sports Arena
Wells Fargo Won’t Renew Naming Rights on Philadelphia Sports Arena
July 24, 2024  |  Banking

The Wells Fargo Center sports arena in Philadelphia will have a new name late next year. The bank’s naming rights contract with the arena expires...

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Pressures on Lower-Income Consumers Signal Pain for Beauty and Apparel Merchants
Pressures on Lower-Income Consumers Signal Pain for Beauty and Apparel Merchants
July 22, 2024  |  Economy

T.S. Eliot wrote that the world would end not with a bang but a whimper. It may be the case that the unstoppable wave of...

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Big Bank Earnings Show Mixed Signals on Consumer Credit Health
Big Bank Earnings Show Mixed Signals on Consumer Credit Health
July 15, 2024  |  Earnings

Get enough data points in place, and you have a trend. As bank earnings have started to roll in — thus far, from JPMorgan, Wells...

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Expedia Launches 2 Credit Cards for Its One Key Loyalty Program
Expedia Launches 2 Credit Cards for Its One Key Loyalty Program
July 12, 2024  |  Credit Cards

Expedia Group said Friday (July 12) that it will launch two new co-branded credit cards designed to complement its loyalty program, One Key. The new...

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