Wells Fargo's shares rose 2.26% as it announced new Commercial Banking APIs for enhanced sales, liquidity, and risk reduction.

Wells Fargo's shares increased 2.26% to $55.01 after announcing new specialized Application Programming Interfaces (APIs) for its Commercial Banking clients. These APIs provide real-time data access to enhance sales, liquidity, and reduce credit risk while lowering expenses. The technology aims to streamline operations by connecting manufacturers, distributors, and dealers, facilitating automatic updates, and delivering crucial business insights efficiently.

September 17, 2024
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