Nine large banks engaged in so-called debanking, OCC says
A US regulator said nine large lenders imposed policies that “denied, debanked and discriminated” against some customers and business, building ...
Tag: Wells Fargo
Wells Fargo deploys AI agents to identify cyber vulnerabilities
Wells Fargo remains focused on AI investments as it deploys the tech in IT, wealth management, cybersecurity, underwriting and customer ...
Truist names Sumit Sukhramani head of lending technology
Sumit Sukhramani officially joined Truist on Aug. 31 from Wells Fargo as the bank’s first head of lending technology. Sukhramani is responsible for the technology that supports Truist’s lending platforms, including real estate, credit ...
Retaining the human component as AI combats fraud
While increased AI implementation across the financial services industry has led to a reduction in customer support employees, the roles ...
Wells Fargo’s AI Teammate helps advisers streamline tasks
Wells Fargo has launched AI Teammate, an AI-powered tool embedded within its Advisor Gateway platform that helps financial advisers, client ...
Wells Fargo reduces headcount 7% amid continued AI implementation
In its efforts to increase efficiency and reduce headcount, Wells Fargo continues to invest in AI and in the second ...
5 questions with … Andre Mansour, head of AI at Wells Fargo’s wealth arm
Andre Mansour joined Wells Fargo’s Wealth and Investment Management team in May to lead its AI efforts. He is “focused on shaping our AI roadmap, ...
Wells hires former Google AI leader as head of AI for WIM
Wells Fargo‘s Wealth & Investment Management business has hired former Google AI leader Andre Mansour to lead its AI initiatives. “I’ll be focused on shaping our AI roadmap, ...
Wells Fargo to embed AI across wealth platform
Wells Fargo no longer views AI as a budget category, but as integral to product development. “We fundamentally think about AI as part of the way we develop tools ...
Wells Fargo head of digital, data, AI weighs in on digital milestones
Wells Fargo reported strong adoption of digital and mobile banking channels in the first quarter. The bank posted 33.5 million mobile ...
