Financial District, San Francisco

Wells Fargo Joins the Akoya Data Access Network to Advance API-based Financial Data Aggregation

Retrieved on: 
Tuesday, June 22, 2021
Networks, Finance, Banking, Data management, Professional services, Technology, Other Technology, Security, Financial District, San Francisco, Articles, API, Technical communication, Akoya, Data aggregation, Wells Fargo, Companies, Information

Akoya LLC announced today that Wells Fargo has joined the Akoya Data Access Network .

Key Points: 
  • Akoya LLC announced today that Wells Fargo has joined the Akoya Data Access Network .
  • Fintechs and data aggregators can now request application programming interface (API)-based access to Wells Fargo customer data for mutual customers through Akoya.
  • Akoya implements Financial Data Exchange API specifications, which remove the need for bank customers to share login credentials in order to provide third-party financial apps access to their financial data.
  • Through a single integration on to the Akoya Data Access Network, data aggregators and fintechs can directly connect with financial institutions to securely obtain consumer-permissioned financial data through APIs.

With Extreme Heat Wave Impacting California and the West, State Grid Operator Warns that Rotating Power Outages Might Be Needed

Retrieved on: 
Friday, June 18, 2021
Energy, Utilities, Oil, Gas, Energy in California, Electric power, Energy, Economy of California, Financial District, San Francisco, Pacific Gas and Electric Company, California Independent System Operator, Electrical grid, Electric power transmission, European Network of Transmission System Operators for Electricity, California power shutoffs, Power outage

If demand exceeds supply, at the direction of the states grid operator, PG&E and other energy companies in the state could be asked to turn off power in order to help prevent larger outages to the grid.

Key Points: 
  • If demand exceeds supply, at the direction of the states grid operator, PG&E and other energy companies in the state could be asked to turn off power in order to help prevent larger outages to the grid.
  • If the CAISO indicates that power needs to be turned off, power could be out for about one to two hours for each block.
  • Rotating outages are not Public Safety Power Shutoffs, which are conducted during specific high fire-threat conditions.
  • PG&E is notifying customers who might experience these potential rotating outages, which would occur across PG&E's service area.

Julie Caperton Named Head of Wells Fargo Private Bank for Wells Fargo Wealth & Investment Management (WIM)

Retrieved on: 
Thursday, June 17, 2021
Finance, Consulting, Banking, Professional services, Legal, Financial District, San Francisco, Finance, Financial markets, Money, Wells Fargo, Fargo, Broker-dealer, Wachovia, Wells Fargo account fraud scandal, Wells Fargo Wealth & Investment Management, Wells Fargo, WELLS FARGO WEALTH & INVESTMENT MANAGEMENT, WELLS FARGO

Wells Fargo & Company (NYSE: WFC) today announced Julie Caperton as head of Wells Fargo Private Bank, a division of Wealth & Investment Management (WIM).

Key Points: 
  • Wells Fargo & Company (NYSE: WFC) today announced Julie Caperton as head of Wells Fargo Private Bank, a division of Wealth & Investment Management (WIM).
  • Investment and Insurance Products are:
    Not a Deposit or Other Obligation of, or Guaranteed by, the Bank or Any Bank Affiliate
    Wells Fargo Wealth & Investment Management (WIM) is a division within Wells Fargo & Company.
  • Wells Fargo Advisors is a trade name used by Wells Fargo Clearing Services, LLC, and Wells Fargo Advisors Financial Network, LLC, Members SIPC, separate registered broker-dealers and non-bank affiliates of Wells Fargo & Company.
  • The bank is responsible for the day-to-day management of the account and for providing investment advice, investment management services, and wealth management services to clients.

Opportunity Finance Network Receives Largest Grant in 35-Year History from Wells Fargo

Retrieved on: 
Thursday, June 17, 2021
Other Consumer, Finance, Banking, Professional services, Small business, Philanthropy, Consumer, Other Philanthropy, Foundation, Financial District, San Francisco, Financial services, Economy, Finance, Community development, Opportunity finance, Social economy, Wells Fargo, Community development financial institution, Fargo, OFN, Wells Fargo, OFN, WELLS FARGO

Opportunity Finance Network (OFN) announced that Wells Fargo is committing a $25 million grant to its Finance Justice Fund to help tackle systemic barriers to capital in communities around the country.

Key Points: 
  • Opportunity Finance Network (OFN) announced that Wells Fargo is committing a $25 million grant to its Finance Justice Fund to help tackle systemic barriers to capital in communities around the country.
  • View the full release here: https://www.businesswire.com/news/home/20210617005775/en/
    Opportunity Finance Network receives largest grant in its history from Wells Fargo to support the Finance Justice Fund serving diverse communities.
  • Additionally, the Wells Fargo NEXT Awards for Opportunity Finance awarded the nations most promising CDFIs more than $76 million from 2007 to 2016.
  • News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories .

Argyle Joins Visa Fintech Partner Connect to Bring Real-Time Income and Employment Verification Services to Visa’s Clients and Partners

Retrieved on: 
Thursday, June 17, 2021
Professional services, Data management, Technology, Human resources, Software, Finance, Consulting, Money, Finance, Payment cards, Financial District, San Francisco, Visa Inc., Travel visa, Underwriting, Financial technology

View the full release here: https://www.businesswire.com/news/home/20210617005294/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20210617005294/en/
    Argyle Joins Visa Fintech Partner Connect to Bring Real-Time Income and Employment Verification Services to Visas Clients and Partners (Graphic: Business Wire)
    Argyles Income and Employment Data Platform allows businesses to streamline their underwriting, reduce fraud, automate manual processes such as pay stub uploads and employer calls, and make funding decisions instantly.
  • It removes the barriers between a worker, the source(s) of their income, and the businesses from which they buy services and products.
  • Now certified as a Visa Ready partner, Argyle is available to Visa's customers as a trusted, verified solution.
  • With Argyle participating in the Fintech Partner Connect program, our clients will have access to a powerful set of tools for building new digital-first experiences.

Apollo Medical Holdings, Inc. Announces Successful Completion of Debt Refinancing, Reducing Annual Interest Rate Spread by 50 Basis Points

Retrieved on: 
Thursday, June 17, 2021
Finance, Money, Economy, Credit, Financial District, San Francisco, Banking, Interest rates, Personal finance, Libor, Wells Fargo, Line of credit, Revolving credit

The new revolving credit facility will also be used to finance future acquisitions and investments and provide for working capital needs and other general corporate purposes.

Key Points: 
  • The new revolving credit facility will also be used to finance future acquisitions and investments and provide for working capital needs and other general corporate purposes.
  • Any amounts borrowed under the revolving credit facility will bear interest at a rate of LIBOR plus 1.25%-2.5% or a base rate plus 0.25%-1.5% (determined on a quarterly basis based on the Company's leverage ratio).
  • Wells Fargo, Bank of the West, City National Bank and TD Bank were also lenders in the transaction.
  • Forward-looking statements reflect current views with respect to future events and financial performance and therefore cannot be guaranteed.

Plastiq Supports Recipients of Visa's She's Next Grant Program to Help Small Businesses Succeed and Champion Financial Inclusion

Retrieved on: 
Thursday, June 17, 2021
Payment cards, Money, Payment systems, Finance, Debit cards, Credit cards, Financial District, San Francisco, Visa Inc.

The program highlights both companies' commitment to removing the disproportionate barriers faced by Black women business founders.

Key Points: 
  • The program highlights both companies' commitment to removing the disproportionate barriers faced by Black women business founders.
  • For grant recipients, Plastiq provides the freedom of paying virtually any supplier with a credit card, even when cards are not accepted.
  • The ability to pay or get paid by credit card allows businesses to increase working capital, scale rapidly, and be more agile.
  • In joining forces with Visa for the She's Next Grant Program, Plastiq continues its mission of elevating small businesses during challenging times.

BARK Announces Participation in the Wells Fargo Virtual 'Bricks to Clicks' Digital Conference

Retrieved on: 
Thursday, June 17, 2021
Food, Beverage, Consumer, Retail, Pets, Specialty, Financial District, San Francisco, Companies, Bark, Wells Fargo, Centric Multimedia, Finance, Economy of the United States

The Original BARK Company (BARK), a leading global omni-channel brand for dogs, today announced that the Company will participate in the Wells Fargo Virtual 'Bricks to Clicks' Digital Conference on Thursday, June 24, 2021, with a fireside chat presentation at 3:20 PM Eastern Time.

Key Points: 
  • The Original BARK Company (BARK), a leading global omni-channel brand for dogs, today announced that the Company will participate in the Wells Fargo Virtual 'Bricks to Clicks' Digital Conference on Thursday, June 24, 2021, with a fireside chat presentation at 3:20 PM Eastern Time.
  • Chief Executive Officer, Manish Joneja, and Chief Financial Officer, John Toth, will participate in the fireside chat.
  • The audio portion of the presentation will be webcast live over the internet and can be accessed at investors.bark.co .
  • BARK is the world's most dog-centric company, devoted to making dogs happy with the best products, services and content.

Exchange Bank Announces Thomas Sands, Vice President, Regional Sales Manager

Retrieved on: 
Wednesday, June 16, 2021
Banking, Professional services, Finance, Financial District, San Francisco, Banks, Economy of California, Companies, Wells Fargo, NorthBay biz

Exchange Bank (OTC: EXSR) announces Thomas Sands as vice president, regional sales manager, responsible for overseeing Exchange Banks southern region.

Key Points: 
  • Exchange Bank (OTC: EXSR) announces Thomas Sands as vice president, regional sales manager, responsible for overseeing Exchange Banks southern region.
  • View the full release here: https://www.businesswire.com/news/home/20210616005217/en/
    Thomas comes to Exchange Bank with a strong background and hands-on credit experience from Wells Fargo where he enjoyed a 22-year career, most recently serving as regional bank president for Northern California (2017-2021).
  • NorthBay biz magazine named Exchange Bank the 2020 Best Consumer Bank and Best Business Bank.
  • The Petaluma Peoples Choice Awards named Exchange Bank the Best Local bank and the North Bay Bohemians Best of 2020 Readers Poll named Exchange Bank the Best Business Bank and Best Consumer Bank.

Ruth Jacks Named Data and Transformation Leader for Wells Fargo Commercial Banking

Retrieved on: 
Wednesday, June 16, 2021
Banking, Professional services, Finance, Financial District, San Francisco, Wells Fargo, Companies, Fargo, Finance, Economy of the United States

Wells Fargo & Company (NYSE: WFC) today announced that Ruth Jacks has been named head of Data and Transformation for Commercial Banking.

Key Points: 
  • Wells Fargo & Company (NYSE: WFC) today announced that Ruth Jacks has been named head of Data and Transformation for Commercial Banking.
  • View the full release here: https://www.businesswire.com/news/home/20210616005199/en/
    Ruth Jacks named head of Data & Transformation for Wells Fargo Commercial Banking.
  • We are excited to welcome Ruth to Wells Fargo and the Commercial Banking business.
  • News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories .