Search Results for "PNC"
7 results for "PNC"
Deals 7
PNC Bank Integrates PINACLE Connect Embedded Banking with Oracle Fusion Cloud ERP
PNC Bank announced the integration of its PINACLE Connect® embedded banking platform with Oracle Fusion Cloud ERP. The partnership allows PNC's corporate and commercial banking clients to access treasury services, payments, and account reconciliation directly within Oracle's cloud environment. This eliminates the need for clients to switch between multiple platforms.
PNC Bank and Koxa Launch Embedded Banking Integration for Workday ERP
PNC Bank and Koxa announced an embedded banking integration enabling PNC's corporate and commercial clients to access banking services directly within their Workday ERP system. The integration provides real-time balance information, payment submission, and transaction reconciliation. This partnership brings embedded finance capabilities to enterprise treasury workflows.
Amount Acquires Linear Financial Technologies for $175M
Fintech infrastructure provider Amount acquired Linear Financial Technologies for $175 million in cash and stock. The deal combines consumer and business banking technology, serving major banks including TD, Regions, American Express, and PNC. The acquisition expands Amount's ability to offer end-to-end digital banking and lending solutions to financial institutions.
PNC Treasury Management Launches PINACLE Connect for Embedded ERP Banking
PNC Treasury Management launched PINACLE Connect, enabling embedded banking capabilities within enterprise ERP systems. Corporates can now execute payments, track status, and access account information without leaving their ERP platforms. This launch positions PNC as an early mover among major US banks in embedded corporate banking.
PNC Completes $11.6 Billion Acquisition of BBVA USA
PNC Financial Services completed its $11.6 billion all-cash acquisition of BBVA USA, creating the fifth-largest U.S. retail bank with over $550 billion in assets. This was the second-largest U.S. banking acquisition since the 2008 financial crisis. The deal significantly expands PNC's geographic footprint across Sun Belt states.
PNC Acquires BBVA's U.S. Banking Subsidiary for $11.6 Billion
PNC Financial Services agreed to acquire BBVA's U.S. subsidiary for $11.6 billion in cash, creating the fifth-largest U.S. bank by assets at approximately $550 billion. The deal expanded PNC's footprint into key markets including Texas, Alabama, Arizona, and Florida with expected $900 million in annual cost savings.
PNC Bank Launches Internal Fintech Startup numo with Gig Worker Banking App
PNC Bank launched numo, an internal fintech startup program designed to foster innovation within the bank. Its first product, indi, is a mobile banking account tailored for gig workers with features like tax calculations and no monthly fees. The initiative represents a bank-led embedded finance approach with a pre-negotiated equity split between PNC and numo employees.