Tagged: pnc

Today: Hearing on Megabanks at House Committee on Financial Services

As was previously announced the House Financial Services Committee will be holding a hearing tomorrow (September 21st) entitled “Holding Megabanks Accountable: Oversight of America’s Largest Consumer Facing Banks.”  The largest banks in the US will each have CEOs participating in the hearing, including: Jamie Dimon,… Read More

Legacy Bank PNC Launches On-Demand Pay Solution, PNC EarnedIt

As part of its push into digital financial services, PNC – the 6th largest bank in the US by deposits, has announced the launch of an on-demand pay solution, PNC EarnedIt. Powered by DailyPay, PNC EarnedIt allows users to provide their employees access to earned… Read More

PNC Introduces Akoya Solution to Enhance Security of Connections for Consumers Transacting with Fintech Apps

PNC Bank (NYSE: PNC) and Akoya LLC have announced the banking institution’s integration with the Akoya Data Access Network. Over 9 million PNC clients are now enabled to “securely share their financial data with Fintechs and data aggregators with enhanced security through the application programming… Read More

PNC Set to Acquire Payment Gateway Provider Tempus Technologies

  PNC Bank announced on Wednesday it has reached a definitive agreement to acquire payment gateway provider Tempus Technologies. According to PNC, the acquisition will expand the banking group’s Treasury Management’s payments platform, which enables corporate clients to manage payable and receivables through a single… Read More

PNC to Acquire BBVA’s U.S. Subsidiary For $11.6 Billion

BBVA announced on Monday it has agreed to sell to PNC its subsidiary in the U.S. for approximately $11.6 billion (€9.7 billion) in cash. According to BBVA, the selling amount represents 19.7 times the unit’s 2019 earnings, which is almost 50% of BBVA’s current market capitalization. BBVA… Read More

Fintech SaaS Company HighRadius Secures Strategic Investment From Citi Ventures & PNC

HighRadius, a fintech enterprise Software-as-a-Service (SaaS) company, has secured a strategic investment from Citi Ventures and PNC. The company, which was founded in 2006, states its HighRadius Integrated Receivables platform optimizes cash flow through automation of receivables and payments processes across credit, collections, cash application, deductions, electronic… Read More

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