Wells Fargo will continue to drive its digital capabilities in 2022, building around an enhanced mobile banking suite and rapid growth in real-time payments during the previous year. The $1.95 trillion bank reported fourth-quarter 2021 revenue of $20.9 billion, up 13% year over year. Net income clocked in at $5.8 billion, up 86% year over […]
The future of payments is contactless, if 2021 is any indication, as digital payment services like Zelle and PayPal become increasingly ubiquitous. Ninety-three percent of 2,000 adults surveyed in a recent study by $3.3 trillion JPMorgan Chase said they used one or more digital payment services in 2021. The study, which delves into digital banking […]
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