Wells Fargo News

Wells Fargo is a banking company that provides financial and insuring services in the United States, Canada and Puerto-Rico. Wells Fargo was founded by Henry Wells in 1852 and the main office of the company is currently headquartered in San Francisco. The company also provides the Well Fargo Online Banking service for managing finance via mobile devices. Wells Fargo’s Bitcoin and blockchain technologies involvement started in 2016, when Wells Fargo and an Australian bank signed an agreement on utilizing blockchain technology for a cotton shipment from the U.S. to China. It became the first shipment made with blockchain. However, in 2018, the company banned crypto purchases made with Wells Fargo’s issued cards.

"2020년대는 블록체인 등의 기술을 통해 은행들의 수익성을 높이는 시기 될 것"
웰스 파고의 마이크 마요, "향후 10년은 은행과 기술의 황금시대가 될 것"
Rachel Wolfson