{"id":29714,"date":"2014-08-28T07:34:59","date_gmt":"2014-08-28T11:34:59","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=29714"},"modified":"2014-08-28T07:34:59","modified_gmt":"2014-08-28T11:34:59","slug":"wells-fargo-co-nysewfc-decides-to-launch-fintech-innovation-lab","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/wells-fargo-co-nysewfc-decides-to-launch-fintech-innovation-lab-29714","title":{"rendered":"Wells Fargo &amp; Co (NYSE:WFC) Decides To Launch FinTech Innovation Lab"},"content":{"rendered":"<p style=\"text-align: justify;\">Boston, MA 08\/28\/2014 (wallstreetpr) \u2013 <strong>Wells Fargo &amp; Co (NYSE:WFC) <\/strong>has decided to launch a <a href=\"http:\/\/www.forbes.com\/sites\/tomgroenfeldt\/2014\/08\/27\/wells-fargo-launches-fintech-innovation-lab\/\" target=\"_blank\">FinTech Innovation Lab<\/a>. It is a financial technology accelerator program that combines six months of coaching and collaboration with a cash investment for a minority stake. The WFC has shortlisted below stated three companies to pilot this startup financial technology accelerator program-<\/p>\n<ul style=\"text-align: justify;\">\n<li><strong>EyeVerify<\/strong>: It is a Kansas based companies which is known for creating EyePrint ID. With the help of EyePrint ID, a picture of one&#8217;s eye is transformed into a key that protects the digital life of that person.<\/li>\n<li><strong>Zumigo<\/strong>: It is a San Jose, California-based well-known technology company. It is better known for creating a mobile service with the help of mobile identity technologies and a unique combination of location. This service can be used to secure commerce and enable mobile banking.<\/li>\n<li><strong>Kasisto:<\/strong> It is a New York based company. It is known for building state-of-the-art artificial intelligence technology. With the help of this, It helps to enhance the consumer experience on mobile device through intelligent conversation.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\">Wells Fargo &amp; Co (NYSE:WFC) will make an initial investment of $50,000 to $500,000 in each of the above-stated start-up and then provide proper coaching and business planning for next six months. It will be done through WEC&#8217;s line leaders and professionals who have a decent bit of experience in this field. WFC has been a pioneer in the field of technology in US. It was the first bank that offered free internet service to all of its customers for checking account balance.<\/p>\n<p style=\"text-align: justify;\">According to Steve Ellis, Head of wholesale services and Executive Vice President of Wells Fargo &amp; Co (NYSE:WFC), &#8220;Technology has been an important driver to create a significant difference between us and our rivals over the past twenty years.&#8221; It is one such initiative that will enhance the value of Wells Fargo &amp; Co (NYSE:WFC) and improve the customer experience in coming months.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boston, MA 08\/28\/2014 (wallstreetpr) \u2013 Wells Fargo &amp; Co (NYSE:WFC) has decided to launch a FinTech Innovation Lab. It is a financial technology accelerator program [&hellip;]<\/p>\n","protected":false},"author":32,"featured_media":24216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[1942],"tags":[1012,8466,3415,1866],"stock_ticker":[],"class_list":["post-29714","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking","tag-nysewfc","tag-steve-ellis","tag-wells-fargo-co","tag-wells-fargo-co-nysewfc","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Wells Fargo &amp; Co (NYSE:WFC) Decides To Launch FinTech Innovation Lab - Wall Street PR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cablemanpro.com\/wallstreetpr\/wells-fargo-co-nysewfc-decides-to-launch-fintech-innovation-lab-29714\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Wells Fargo &amp; Co (NYSE:WFC) Decides To Launch FinTech Innovation Lab - Wall Street PR\" \/>\n<meta property=\"og:description\" content=\"Boston, MA 08\/28\/2014 (wallstreetpr) \u2013 Wells Fargo &amp; Co (NYSE:WFC) has decided to launch a FinTech Innovation Lab. It is a financial technology accelerator program [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cablemanpro.com\/wallstreetpr\/wells-fargo-co-nysewfc-decides-to-launch-fintech-innovation-lab-29714\" \/>\n<meta property=\"og:site_name\" content=\"Wall Street PR\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/WallStreetPR\/\" \/>\n<meta property=\"article:published_time\" content=\"2014-08-28T11:34:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2014\/06\/Wells-Fargo-Company-2.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"225\" \/>\n\t<meta property=\"og:image:height\" content=\"224\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Greg Folin\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Greg Folin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/wells-fargo-co-nysewfc-decides-to-launch-fintech-innovation-lab-29714#article\",\"isPartOf\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/wells-fargo-co-nysewfc-decides-to-launch-fintech-innovation-lab-29714\"},\"author\":{\"name\":\"Greg Folin\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#\/schema\/person\/09a8586a8976289812879bbc81ac988e\"},\"headline\":\"Wells Fargo &amp; 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