Wells Fargo is an American multinational financial services company headquartered in San Francisco, California. It is the world's second-largest bank by market capitalization and the fourth largest bank in the U.S. by total assets.
The Wells Fargo API Gateway, powered by WSO2 API Manager, has over 20 APIs in production for various data services and payment functions such as account aggregation, account balance, foreign exchange, and wire payments. With their developer portal, partners can easily integrate with the APIs, sometimes even in just a day. By taking on this initiative, they became the first large bank in the USA to build an API platform, which won them the overall most innovative award at the 2018 Monarch Innovation Awards.
Since its release in 2016, API adoption is off the charts. With the help of WSO2 products and services and by partnering with third-party providers, Wells Fargo was able to embed financial services into the daily lives of everyday people.