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According to the judge's ruling, Wells Fargo changed the way that it processed transactions in 2001.
Such problems were compounded by the way that some banks, like Wells Fargo, processed transactions.
The Bank of England manually processed transactions that were crucial to the smooth running of the financial system.
For instance, he said that customers had learned about the change in how Wells Fargo processed transactions only after they complained about it.
The divergent views on the bank's culpability stem, in part, from the murkiness of the law governing how foreign institutions processed transactions with Iran.
The company, which began signing up customers late last year in a deliberately slow fashion, now has 20,000 and has processed transactions worth more than $200 million.
Similar(35)
The network processes transactions in batches known as "blocks".
He also became among the first to process transactions on the Web.
Because of your system design, S.S.A. will not process transactions outside of that window".
It will link buyers and sellers of goods and services, and will process transactions.
Once that happens, they said, they will consider charging a fee to process transactions.
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