wells fargo

Wells Fargo Shamed Executive A Bastion Of Banking
Wells Fargo Shamed Executive A Bastion Of Banking
September 12, 2016  |  Banking

The Wells Fargo debacle gets more outrageous as the executive in charge during the time of the fraud takes a timely retirement and $125 million....

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Wells Fargo Offers Regrets, But Doesn’t Admit Misconduct
Wells Fargo Offers Regrets, But Doesn’t Admit Misconduct
September 12, 2016  |  Banking

In the wake of firing more than 5,300 employees and paying $185 million in fines to help settle an investigation into what some have called...

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PYMNTS Daily Data Dive: Wells Fargo Takes Incentives Too Far
PYMNTS Daily Data Dive: Wells Fargo Takes Incentives Too Far
September 09, 2016  |  Security & Fraud

Incentives are a way to optimize productivity and boost morale among employees, but the program instituted by Wells Fargo went seriously awry. In efforts to...

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UPDATED: Comptroller Sanctions Wells Fargo; CFPB Fines It $100 Million
UPDATED: Comptroller Sanctions Wells Fargo; CFPB Fines It $100 Million
September 08, 2016  |  Regulation

Updated Wells Fargo — the largest U.S. bank by market value — found itself on the receiving end of a $100 million fine. Levied by the Consumer...

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How Regulators Killed The Wells Fargo-Amazon Student Lending Venture
How Regulators Killed The Wells Fargo-Amazon Student Lending Venture
September 07, 2016  |  Regulation

It was one of the more notable pair-ups in recent memory — in part, because it was so short. Amazon and Wells Fargo announced in July...

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Amazon And Wells Fargo Set Fizzle Speed Record (Also Cybercrime Sizzles, Human Decency Fizzles — In Paris)
Amazon And Wells Fargo Set Fizzle Speed Record (Also Cybercrime Sizzles, Human Decency Fizzles —...
September 02, 2016  |  Partnerships / Acquisitions

Your view on whether Labor Day puts you in the Sizzle or Fizzle mood depends on whether you are a summer or a winter person....

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Loyalty Programs Lay The Groundwork For Mobile Payment Adoption
Loyalty Programs Lay The Groundwork For Mobile Payment Adoption
September 01, 2016  |  Loyalty & Rewards

Mobile payments are the wave of the future, and it’s the digitization of loyalty programs by banks and credit card issuers that lays the groundwork...

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Wells Fargo, AMD, Fifth Third May Have Run Afoul Of Whistleblower Laws
Wells Fargo, AMD, Fifth Third May Have Run Afoul Of Whistleblower Laws
August 26, 2016  |  Regulation

Wells Fargo, Advanced Micro Devices (AMD) and Fifth Third Bank have reportedly struck settlement agreements with former employees that may have run afoul of U.S. whistleblower protection laws....

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CFPB Charges Wells Fargo Over Student Loan Servicing Practices
CFPB Charges Wells Fargo Over Student Loan Servicing Practices
August 23, 2016  |  CFPB

Wells Fargo may have recently announced a partnership with Amazon to give student loan borrowers a break, but when it comes to servicing its existing...

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