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PNC revealed the plan as part of its report of strong second-quarter results, and CEO Bill Demchak said it is an example of the regional bank's growth-oriented investments.
July 13
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The Canadian government is consulting with the country’s banking industry on opening up Canada’s payments infrastructure to nonbank payment service providers and fintechs, in a far-reaching move to spur innovation and competition.
July 13
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As the trade war ramps up, some cross-border payment companies are steering into the storm by selling lower-cost automated processing as a way to offset expensive supply chains.
July 13
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It will be the third collaboration together for the new CEO and CTO at Pivotus Ventures.
July 12
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Barb Brown will retire on Jan. 1, 2019, with new CEO Doug Wolf set to take the helm this fall.
July 12
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While the Small Business Investment Companies program has reported disappointing results since its 2015 peak, participating funds are getting more looks from curious bankers.
July 12
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The Germantown, Md.-based credit union serves more than 14,000 members and holds about $130 million in assets.
July 12
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The New Jersey company will pay $76 million for a bank with a low loan-to-deposit ratio and an SBA lending platform.
July 12
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The West Virginia company will pay a total of $118 million for Poage Bankshares and Farmers Deposit Bancorp.
July 12
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Mark Turner will retire at the end of this year. Rodger Levenson, the company's chief operating officer, will take the helm.
July 11
