Wells Fargo to Participate in Nacha’s Smarter Faster Payments Conference

Rhea-AI Summary

Wells Fargo has been recognized as the top payment originator by volume on the Automated Clearing House (ACH) Network for the 11th consecutive year. This announcement coincides with their participation in the Smarter Faster Payments conference in Las Vegas, running from April 16-19. Prominent speakers from Wells Fargo will be featured in discussions focused on innovative payment solutions and financial inclusion. Nacha, the governing body of the ACH Network, emphasizes the importance of these transactions in facilitating electronic money transfers for various entities. Wells Fargo manages approximately $1.92 trillion in assets and serves one in three households in the U.S. Their commitment to enhancing payment systems is evident through their ongoing leadership in the financial sector.

Wells Fargo was recently confirmed as the top payment originator by volume on the Automated Clearing House (ACH) Network for the 11th consecutive year*.

SAN FRANCISCO--(BUSINESS WIRE)-- Wells Fargo announced its participation today at Nacha’s Smarter Faster Payments conference in Las Vegas from April 16-19.

Wells Fargo to Participate in Nacha’s Smarter Faster Payments Conference (Photo: Wells Fargo)

Nacha is the organization that governs the ACH Network, which facilitates electronic, bank-to-bank money transfers processed for consumers, businesses, and federal, state and local governments. With the recent release of Nacha’s Top 50 financial institution ACH originators for 2022, Wells Fargo was confirmed as the top payment originator by volume on the ACH Network for the eleventh consecutive year*.

Five speakers from Wells Fargo will appear on panels at the conference:

• John Hunter, head of Global Treasury Management Payments & Transaction Services, will appear on the Feed the Need For Speed! Why FIs Should Unite to Connect Global Faster Payments panel.
• Moses Harris, Black/African American Segment leader, Commercial Banking will appear on the Building a Stronger U.S. Financial Market Through Inclusion panel.
• Ramy Serageldin, head of Connectivity Solutions, will appear on the Open Banking Paradigm: Decisioning in the Digital Marketplace panel.
• Michelle Ziolkowski, CTP, Enterprise Payments Strategy Product Group head; Strategy, Digital, and Innovation, will appear on the Spotlight Session: Payment Palooza…Where Should You Place Your Bets? panel.
• Jonathan Jacob, head of Minority Depository Institutions & Strategic Client Partnerships, will appear on the DE&I Banking with Minority Depository Institutions panel.

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.92 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investment and mortgage products and services, as well as consumer and commercial finance, through 7,200 locations, more than 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 31 countries and territories to support customers who conduct business in the global economy. Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 30 on Fortune’s 2020 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.

Additional information may be found at www.wellsfargo.com | Twitter: @WellsFargo.

*Historical data provided by Nacha.

News Release Category: WF-PS

View source version on businesswire.com: https://www.businesswire.com/news/home/20230411005648/en/

Media

Sam Arenson

612-414-7618

sam.arenson@wellsfargo.com

Source: Wells Fargo & Company

FAQ

What recent achievement did Wells Fargo (WFC) receive in 2023?

Wells Fargo was recognized as the top payment originator by volume on the ACH Network for the 11th consecutive year.

When is the Smarter Faster Payments conference where Wells Fargo (WFC) is participating?

The Smarter Faster Payments conference will take place in Las Vegas from April 16-19, 2023.

Who will represent Wells Fargo (WFC) at the Smarter Faster Payments conference?

Five speakers from Wells Fargo, including John Hunter and Michelle Ziolkowski, will participate in various panels.

What is the significance of the ACH Network for Wells Fargo (WFC)?

The ACH Network is critical for facilitating electronic bank-to-bank money transfers for consumers and businesses.

What assets does Wells Fargo (WFC) manage?

Wells Fargo manages approximately $1.92 trillion in assets.