Remove companies media wells-fargo
article thumbnail

Warren Buffett Sticks With Wells Fargo Despite Scandal

PYMNTS

A couple of months since the Wells Fargo fake account scandal broke, Warren Buffett is breaking his silence , telling CNN that Wells Fargo made a “terrible mistake” by maintaining its sales goals. Buffett owns 2 million shares of Wells Fargo, the report noted.

Report 100
article thumbnail

How APIs Are Helping FIs Meet SMBs’ Payment Needs

PYMNTS

Businesses tap myriad digital solutions and contract with numerous companies to keep their operations’ finances running smoothly. The bank is potentially just the payment portion of the broader customer experience,” Imran Haider, executive vice president of open APIs for Wells Fargo , noted in a recent interview with PYMNTS.

Meeting 131
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Bitcoin Exchange Sues Wells Fargo

PYMNTS

A bitcoin exchange has filed suit against Wells Fargo after the U.S. District Court for the Northern District of California, alleging that Wells suspended outgoing wire transfers to the U.S. Bitfinex was reportedly joined in the lawsuit by another Hong Kong-based company called Tether, said American Banker.

Bitcoin 101
article thumbnail

China’s Tencent Passes Wells Fargo To Become Tenth Most Valuable Company

PYMNTS

Tencent, the Chinese tech giant, has passed Wells Fargo to become the world’s tenth most valuable public company. While Tencent doesn’t do much business outside of China, it does have a lock on social media in the country. Those users generated 600 million transactions a day and helped the company make more than $1.3

Company 106
article thumbnail

New Year, New Mergers Sizzle For Payments Companies

PYMNTS

The company already has scale, having integrated with 15,000 financial institutions in Canada and the United States and recently made forays into Ireland and Spain. Separately, in a deal tied to a “blank check” company, Far Point said it had struck a $2.6 Pinterest: Pinned as the third largest social media platform in the U.S.,

Company 132
article thumbnail

Wells’ Woes, Stripe’s Acquisition And North Korea’s New Hacking Groove

PYMNTS

The healthcare debate turned into something that was one aria short of a full-blown opera, and the entering communications director brought new meaning to the term “open dialogue with the media.” Wells Fargo’s Rough Week. That is how the week started for Wells Fargo — and things went downhill from there.

Taxes 100
article thumbnail

Tencent To Open Seattle AI Research Lab

PYMNTS

Chinese internet giant Tencent, which just last month passed Wells Fargo to become the world’s tenth most valuable public company, recently announced a play that looks to boost the company’s AI prowess. Perhaps an AI-powered, voice-activated assistant is on Tencent’s mind. billion in revenue from payments last year.

Seattle 108