PNC Bank Invests in Technology, Its Communities - The Business Journal


We see it every day. People tapping on their mobile phones at the grocery store, at a restaurant or while riding the bus to work.

While they could be on social media or playing a game, they could just as easily be applying for a loan or paying their utility bills.

PNC has embraced mobile technologies that help make banking more convenient than ever before, and we expect to introduce more advanced mobile technologies in 2019 and beyond.

In 2017 PNC, along with other participant banks, launched Zelle, a person-to-person payment network that allows anyone in the U.S. with a participant bank account or a Visa or MasterCard debit card linked to a bank account to send and receive payments in real time. No need to share bank account information; all that is needed to move funds is an email address or cellphone number. Zelle’s speed and convenience make it attractive to people ranging in age from millennials to baby boomers. To read the full story from The Business Journal, click here.