Wells Fargo Unveils 3 New Mobile Money Features

Wells Fargo & Company (NYSE: WFC) said today it has added three new applications to its CEO MobileSM service that help corporate executives get financial information via mobile devices whenever and wherever they need it:

• Credit Management Service – View summary and detailed loan information and select new interest rates for certain loans nearing maturity;

• New Treasury Information Reports – Check lockbox deposits and intraday returned items, in addition to other key reports;

• Productivity Tools – Click on the Mobile Fastpath next to the name of a service on the CEO Mobile home page and go directly to the transactions that require your attention; this patent-pending feature has been enhanced to show you how many action items await.

Each new CEO Mobile tool, designed with input from Wells Fargo customers, helps busy executives complete work away from the office and execute business continuity plans.

“In a lean business environment where margins matter more, it’s important to keep a close eye on your transactions and act quickly,” said Amy L. Johnson, manager for the CEO Mobile service. “Our CEO Mobile service not only delivers several key reports, but allows our customers to initiate and approve transactions.”

In addition, CEO Mobile service added Mobile Basic Banking last fall, allowing users to access their personal Wells Fargo cash and credit accounts, view transactions, and transfer funds through mobile devices. With a secure sign-on to https://ceomobile.wf.com with their Commercial Electronic Office® (CEO®) portal credentials, customers can stay on top of their cash management functions from meetings, airports, across town, or around the globe. Wells Fargo introduced the CEO Mobile service – a streamlined version of its CEO portal – to a select group of customers in April 2007 and offered the service to all commercial customers in late 2007, becoming the only major U.S. financial services company to offer mobile banking to commercial, corporate, and institutional customers.

The CEO Mobile service also offers wire approval and initiation, image positive pay, intraday and previous day composite treasury reports, controlled disbursements summary, ACH Fraud Filter, and self administration password reset.

Wells Fargo & Company is a diversified financial services company with $1.3 trillion in assets, providing banking, insurance, investments, mortgage and consumer finance through more than 10,400 stores, over 12,000 ATMs and the internet (wellsfargo.com) across North America and internationally.

By Wells Fargo