pnc

US Banking and Remittance Firm— PNC, Now Utilises RippleNet

According to a recent report, a leading financial institution PNC has become the first bank to provide international remittances service in the United States using RippleNet after it remitted $4.3 billion as revenue in the first quarter of 2019, and had $385.9 billion in average assets. The bank now uses Ripple’s chain of banks and...
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PNC Launches Fintech Startup Numo Right Inside the Bank

PNC has gone beyond the normal by creating a tech startup Numo that exists within its ecosystem. Will the new trend be a unique mix of partnerships between finance and technology or just a hybrid? National Banking Network PNC just went one step further into the future. The wizzes at one of the largest banking...
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PNC Becomes the First U.S. Bank Using RippleNet for Cross-Border Payments

Photo: Wikimedia Commons PNC Financial Services Group, Inc. finally went live with the blockchain payments platform RippleNet. By doing this, it became a first-ever American bank that decided to process cross-border payments just a year after they decided to adopt Ripple’s technology. As one of the ten largest banks in the U.S., the inaugurating of...
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