PNC Financial Services Group

PNC Bank is a leading bank in the United States because it provides consumers with specific benefits and services while also producing unique products. PNC began introducing mobile payment alternatives to Visa business cardholders in 2017, allowing them to use popular mobile wallets such as Apple Pay.

PNC also trialled credit cards with card verification values that renew on a regular basis in 2019 in the goal of reducing fraud. Due to the restricted number of permutations, fraudsters may readily predict three-digit CVV codes; however, altering CVVs on a regular basis makes stolen data less useful.

PNC recently responded to the development of digital banking by introducing solution centers, which house self-service technologies including video teller machines, ATMs, and mobile workstations while in-person personnel assists with more complicated requirements. A great method that corresponds nicely with customer preferences is the hybrid approach. Customers will be less inclined to visit branches to handle accounts (6 percent) or check balances once the epidemic has passed, according to a 2020 KPMG poll (8 percent ).

Headquarters: Pittsburgh, PA
Assets: $469.30 billion
Domestic Branches: 2,208

Website: https://www.pnc.com/en/personal-banking.html