Tagged: pnc

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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