PNC

PPP guidance, Santander's settlement, Wells' virus response: Top stories of the week

05/22/20

The SBA and Treasury Department release more guidance on PPP loan forgiveness; Santander Consumer reaches $550M settlement with state AGs; how Wells Fargo's tech chief is managing coronavirus response; and more from this week's most-read stories.

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PNC seeks ‘bulletproof’ balance sheet; hard-hit bank stocks rebound

05/15/20

The regional wants to “play offense” with the proceeds of its $17 billion BlackRock stake; shares of some bank shares jumped 6% Thursday but remain well behind the rest of the market.

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Lawsuit alleges PNC built payments product with stolen trade secrets

02/17/20

A Denver company says that the $410 billion-asset bank used its confidential information to create a copycat product and poach its customers. PNC is contesting the allegations.

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PNC learns the downside of paying cash bonuses to new customers

01/15/20

CEO William Demchak said the bank has witnessed "a lot of mischief" among customers who open checking accounts to collect bonuses and then never use the accounts again.

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Is a new data war about to erupt?

12/23/19

PNC, Plaid and Venmo have been blamestorming over customer data-sharing issues of access, security and consent.

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Not just speed: Data transfer another dividend of faster payments

11/21/19

The Clearing House argues that participants in payments transactions could share far more invoice information over its real-time network.

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Mobile investments give banks a small-business trust bump

10/31/19

Taking a page from fintech competitors, banks have worked to enrich the small-business app experience.

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PNC's Sally McCrady is helping children 'grow up great'

10/03/19

American Banker's community impact winner for 2019 has been the driving force behind the Pittsburgh bank's $500 million investment in early childhood education and development.

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PNC on M&A, API call uptick, next in GSE reform: Top stories of the week

09/13/19

The Pittsburgh company is not interested in bank acquisitions, CEO Demchak says; why Citi, Wells, JPMorgan are seeing a spike in API calls; FHFA's Mark Calabria details next steps on GSE reform; and more from this week's most-read stories.

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PNC’s indie incubator surfaces with two projects

09/13/19

The bank's innovation arm is developing a mobile-only account for gig-economy workers, and a real estate service to help companies analyze the long-term viability of properties.

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