“Ed’s industry expertise and deep experience will be invaluable to Wells Fargo as we continue to grow our credit card business and expand our payment capabilities across Merchant Services,” said ...

Wells Fargo & Co. laid off about 50 employees as it continues to restructure its credit-card processing business geared toward small-business customers, a bank spokeswoman said. The bank eliminated ...

First Data Corp. will continue to process payment transactions for Wells Fargo Merchant Services LLC, a joint venture First Data and Wells formed in 1993, according to Michael Capellas, First Data CEO ...

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) today announced that Colleen Taylor will join Wells Fargo as head of Wells Fargo Merchant Services, responsible for the strategic ...

NEW YORK (Reuters) - A Wells Fargo Bank joint venture that provides credit card processing services to merchants across the country has been hit with a lawsuit accusing it of using misleading sales ...

Wells Fargo & CompanyWFC has been restructuring its credit and debit cards processing venture with First Data Corp (FDC) for small businesses. The company laid off about 50 employees from the ...

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) announced today that Ed Olebe has been named the company’s new head of Cards and Merchant Services, effective immediately. Olebe joins ...