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March 14, 2025
On the web
PNC Bank Warns: This Is the Limit When Withdrawing or Depositing Cash at the ATM
e-notícies EN
June 28, 2023
On the wires
Trovata and PNC Treasury Management Provide Integrated Payment Processing Experience for Corporate and Commercial Businesses
PR Newswire
November 17, 2022
On the web
Truist, Wells Fargo Join Digital Token Pilot Program
Winston-Salem Journal
“Three national and super-regional banks with major Triad operations are participating in a pilot program involving digital tokens that will represent digital dollar transactions. PNC Financial Services Group Inc., Truist Financial Corp. and Wells Fargo & Co. are involved in the 12-week proof-of-concept program being managed by the Federal Reserve Bank of New York. The goal is testing a financial platform known as the regulated liability network (RLN) to see if it can accelerate payment transactions. The banks will issue tokens representing customers’ deposits. The tokens will be handled through a central bank reserve on a shared distributed ledger, according to CoinDesk.com.”
September 26, 2022
On the web
PNC Announces Acquisition of Point of Sale and Payments Solutions Firm, Linga
PR Newswire
“The PNC Financial Services Group, Inc. today announced it has acquired Linga, a point of sale (POS) and payments solutions firm providing an industry-leading, cloud-based restaurant operating system. The acquisition of Linga and its technology will further expand PNC’s digital resources and enhance the bank’s capabilities to better serve its hospitality and restaurant industry clients. “This acquisition reflects our continued commitment to expanding our corporate payments capabilities, as well as investing in the solutions and tools our clients need to run their businesses more effectively,” said Emma Loftus, executive vice president and head of PNC Treasury Management. “Leveraging Linga’s proprietary solutions and PNC’s competitive treasury management platform, we will be able to provide our restaurant and retail clients with the tools they need to keep up with ever-changing consumer expectations.”
February 18, 2020
On the web
Lawsuit Alleges PNC Built Payments Product with Stolen Trade Secrets
American Banker
“About a year ago, PNC Financial Services Group launched an online portal that’s designed to eliminate paper-based payments for companies in the middle of a merger or acquisition. PNC Paid is part of a suite of corporate finance products and services that the Pittsburgh company offers and has described as being unique in the banking industry. But now a Denver-based competitor is alleging that PNC Paid was built on stolen trade secrets. The aggrieved company, SRS Acquiom, wants not only monetary damages from the $410 billion-asset PNC, but also a court order that would essentially force the bank to rebuild its product from scratch.”
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