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?
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 Grant||Wells Fargo Application Filed||Wells Fargo Patents Granted|
How Many Patents did Wells Fargo File in Different Countries?
Countries in which Wells Fargo Filed Patents
|United States Of America||1005|
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 Number||Citation Count|
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.
|Company||Number of Patents|
|Bank Of America||10|
|Bank Of New York Mellon Trust||4|
|Capital One Services||4|
|Visa International Service Association||3|
Count of 102 and 103 Type Rejections based on Wells Fargo Patents
Top Wells Fargo Patents used in Rejecting Most Patent Applications
|Patent Number||Count of Rejecting Applications|
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 Focus: How Wells Fargo Research Focus Changed Over the Years?
Interested in knowing about the areas of innovation that are being protected by Wells Fargo?