Wells Fargo & Co saw the highest growth of 142% in patent filings in November and 103% in grants in December in Q4 2023. Compared to Q3 2023, Q4 2023 saw an increase in patent filings by 66% and grants by 94%. GlobalData’s DataBook provides a comprehensive analysis of Wells Fargo & Co’s patent filings and grants. Buy the databook here.

Wells Fargo & Co has been focused on protecting inventions in United States(US) with 59 publications in Q4 2023

The United States(US) Patent Office dominates the patent filings and grants with nearly 61% filings and 70% grants. The United States(US), Brazil(BR), European Patent Office(EPO), and China(CN) patent Office are among the top ten patent offices where Wells Fargo & Co is filings its patents. Among the top granted patent authorities, Wells Fargo & Co has 70% of its grants in United States(US), 7% in European Patent Office(EPO) and 7% in China(CN).

Industrial and Commercial Bank of China and Capital One Financial could be the strongest competitors for Wells Fargo & Co

In terms of grant share, Wells Fargo & Co stands in eighth position among its competitors. Industrial and Commercial Bank of China and Capital One Financial secured the top positions according to recent patent publication data.

Payment services related patents lead Wells Fargo & Co portfolio followed by communications, and payments

Wells Fargo & Co has highest number of patents in payment services followed by communications, payments, identity & access management, and e-commerce. For payment services, nearly 6% of patents were filed and 8% of patents were granted in Q4 2023.

For comprehensive analysis of Wells Fargo & Co's filings and grants, buy the databook here.

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GlobalData patents database covers bibliographic from all 100+ patenting authorities. All patents are tagged to 18+ industries and 300+ sub-sectors based on technology classification, keywords, and associated companies. They are also tagged to various industries themes (100+) and technology domains (1800+) of focus.

Patents database further disambiguates assignee names (13m names) and associate corporate tree hierarchy in current/point in time ownerships (320k entities). GlobalData sources content directly from national patent offices on a weekly basis.