PNC Bank

Banks See Lukewarm Lending in Spite of Wall Street Rally
Banks See Lukewarm Lending in Spite of Wall Street Rally
January 31, 2025  |  Loans

Steady-to-declining interest rates. Inflation under 3%. A relaxed attitude to regulation in D.C. As the Wall Street Journal (WSJ) points out in a report Friday (Jan. 31),...

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PNC to Complement Branch Expansion With New Online Banking Platform
PNC to Complement Branch Expansion With New Online Banking Platform
January 16, 2025  |  Earnings

PNC Financial Service Group will soon roll out a new online banking platform that will complement its investment in new branch locations and renovations, bank...

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PNC Bank Increases Investment in New Branch Locations and Renovations
PNC Bank Increases Investment in New Branch Locations and Renovations
November 08, 2024  |  Banking

PNC Bank increased the number of new branch locations and renovations it plans to complete over the next five years. The bank plans to open...

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PNC Reports 2% Commercial Loan Dip Amid Manufacturer ‘Hesitancy’
PNC Reports 2% Commercial Loan Dip Amid Manufacturer ‘Hesitancy’
April 16, 2024  |  Earnings

PNC Financial Services Group saw average commercial loans dip in the first quarter as businesses remained cautious about the macroeconomic environment. Overall, average loans decreased...

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PNC Bank to Add 100 Locations, Renovate 1,200 Through 2028
PNC Bank to Add 100 Locations, Renovate 1,200 Through 2028
February 14, 2024  |  Banking

PNC Bank will invest $1 billion to open more than 100 new locations and renovate 1,200 existing ones through 2028. The bank currently has about...

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NY Fed, Top Banks Test ‘Watershed’ Digital Dollar Project
NY Fed, Top Banks Test ‘Watershed’ Digital Dollar Project
December 07, 2022  |  CBDC

A group of large banks is preparing to test a shared digital asset settlement platform. According to the announcement, the study is set to take...

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FinTech IPO Index Flat as Billtrust Surges on Go-Private Deal
FinTech IPO Index Flat as Billtrust Surges on Go-Private Deal
September 29, 2022  |  IPO

Tech stocks have had a reckoning in the past several days — a rally proved short lived, a blip. But the FinTech IPO Index managed...

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PNC Bank and Blend Team on Digital Mortgage User Experience
PNC Bank and Blend Team on Digital Mortgage User Experience
September 27, 2022  |  Digital Onboarding

PNC Bank will partner with cloud banking software company Blend, in order to digitize the mortgage application process, a press release said. Customers will now...

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Early Warning Services, Big Banks Launch ID Service Authentify
Early Warning Services, Big Banks Launch ID Service Authentify
April 05, 2022  |  Identity

Early Warning Services LLC has teamed up with seven of America’s biggest banks to launch Authentify, an identity verification service for businesses and consumers. According...

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