Wells Fargo Patents – Key Insights and Stats

Wells Fargo was founded in 1929 by Henry Wells and William Fargo and is doing business in banking, mortgage, investing, credit card, and personal, small business, and commercial financial services. As of September 2021, Wells Fargo has a market cap of $193.12 Billion.

Wells Fargo has a total of 1013 patents globally, out of which 858 have been granted. Of these 1013 patents, more than 90% of patents are active. USA is where Wells Fargo has filed maximum number of patents, followed by Canada and Europe and it also seems reasonable as the biggest market for Wells Fargo in the United States, in which it generated $72.34 billion revenue in 2020. Parallelly, United States seems to be the main focused R&D center and is also the origin country of Wells Fargo.

Do read about some of the most popular patents of Wells Fargo which have been covered by us in this article and also you can find Wells Fargo’s patents information, the worldwide patent filing activity and its patent filing trend over the years, and many other stats over Wells Fargo’s patent portfolio.

How many patents does Wells Fargo have?

Wells Fargo has a total of 1013 patents globally. These patents belong to 732 unique patent families. Out of 1013 patents, 913 patents are active.

How many Wells Fargo patents are Alive/Dead?

Worldwide Patents

Patent Families

How Many Patents did Wells Fargo File Every Year?

Are you wondering why there is a drop in patent filing for the last two years? It is because a patent application can take up to 18 months to get published. Certainly, it doesn’t suggest a decrease in the patent filing.

Years of Patent Filing or GrantWells Fargo Application FiledWells Fargo Patents Granted
20212309
202035289
2019117157
201821377
20121126

How Many Patents did Wells Fargo File in Different Countries?

Countries in which Wells Fargo Filed Patents

CountryPatents
United States Of America1005
China2
Canada2
Europe2
Australia1

Where are Research Centers of Wells Fargo Patents Located?

10 Best Wells Fargo Patents

US10133979B1 is the most popular patent in the Wells Fargo portfolio. It has received 87 citations so far from companies like Bank of America, JP Morgan Chase Bank, and Yahoo! Inc.

Below is the list of 10 most cited patents of Wells Fargo:

Publication NumberCitation Count
US10133979B187
US8176416B178
US8150798B266
US8295492B260
US8327450B258
US8170932B150
US10659566B139
US10237298B137
US10142333B137
US8139770B233

Which Companies are using Wells Fargo Patents to Advance their Research?

If patents or patents from a particular technology area of a company receive a lot of citations, it implies that the technology is being followed and incrementally innovated by the citing companies. It also indicates that citing companies are working on similar and closely related technologies.

The top companies in the Wells Fargo patent portfolio are Bank Of America, Amazon and Mastercard.

CompanyNumber of Patents
Bank Of America10
Amazon7
Mastercard5
At&T4
Bank Of New York Mellon Trust4
Capital One Services4
Apple3
IBM3
Ivy Corp3
Visa International Service Association3

Count of 102 and 103 Type Rejections based on Wells Fargo Patents

Top Wells Fargo Patents used in Rejecting Most Patent Applications

Patent NumberCount of Rejecting Applications
US8295492B212
US10284570B28
US8150798B28
US8176416B17
US8327450B27
US8300917B26
US8291224B26
US8307452B24
US10460305B13
US8301563B23

The Wells Fargo Innovation Incubator (IN2) is a $50 million technology incubator and platform funded by the Wells Fargo Foundation. IN2’s mission is to speed the path to market for early-stage, clean-technology entrepreneurs.

Wells Fargo creating a new Strategy, Digital Platform & Innovation group and responsible for Corporate Strategy and its Digital and Innovation teams.

Wells Fargo is a trusted and familiar global brand that continuously invests in new
solutions to help our customers succeed financially. Among these solutions are
online tools that deliver more convenient and smarter ways to bank and do business.
In fact, Wells Fargo has consistently led the industry in launching innovative online
and mobile services.

What are Wells Fargo’s key innovation segments? What can you expect next??

What Technologies are Covered by Wells Fargo Patents?

The chart below distributes patents filed by Wells Fargo in different countries on the basis of the technology protected in patents. It also represents the markets where Wells Fargo thinks it’s important to protect particular technology inventions.

R&D FocusHow Wells Fargo Research Focus Changed Over the Years?

Interested in knowing about the areas of innovation that are being protected by Wells Fargo?

Updated on October 5, 2021

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