Browsing the "Wells Fargo" Tag

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Wells Fargo’s Stablecoin ‘Faster, Cheaper’ Than SWIFT, Says Exec

| Ian Allison

Wells Fargo’s innovation lead says the bank’s new digital cash for internal transfers is faster and more efficient than SWIFT. 

Wells Fargo to Pilot Dollar-Linked Stablecoin for Internal Settlement

| Ian Allison and Daniel Palmer

U.S.-based financial giant Wells Fargo is developing a digital dollar that will run on the firm’s first blockchain platform.

How to Explain Crypto Collectibles to Your Banker

| Courtney Brock

When Wells Fargo thinks your video game company is a money services business, it's time to start educating people in other fields about blockchain.

Dutch Bank ING Says Crypto Exchange Bitfinex Is An Account Holder

| Nikhilesh De

Troubled cryptocurrency exchange Bitfinex has reportedly secured a banking relationship, according to reports by Bloomberg and Reuters.

Swift logo

Swift Selects Hyperledger Tech For Cross-Border Blockchain Test

| Michael del Castillo

Swift has revealed new details of its banking-focused blockchain proof-of-concept that already has a number of notable partners participating.

bulb, burnt

Wire Transfer Problems Worsen for Digital Currency Exchange Bitfinex

| Stan Higgins

Digital currency exchange Bitfinex can't send wire transfers abroad due to its ongoing banking issues, representatives said.

Bitfinex Withdraws Lawsuit Against Wells Fargo

| Stan Higgins

Digital currency exchange Bitifnex has withdrawn its lawsuit against US banking giant Wells Fargo, a week after it was first filed.

justice, law, crime

Bitfinex Sues Wells Fargo Over Bank Transfer Freeze

| Stan Higgins

Digital currency exchange Bitfinex has filed suit against Wells Fargo after the banking giant restricted its ability to send funds worldwide.

cotton

Commonwealth Bank, Wells Fargo Test Blockchain for Cotton Trade

| Stan Higgins

Commonwealth Bank and Wells Fargo have announced they are testing blockchain for use in trade finance, focusing on the global cotton market.

Prototype

Wells Fargo Develops Blockchain Banking Prototype

| Stan Higgins

Wells Fargo, ANZ and Swift, recently completed a blockchain prototype aimed at the correspondent banking business.