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PNC to roll out new online banking platform, CEO shares regs wish list during Q4 investors call

PNC to roll out new online banking platform, CEO shares regs wish list during Q4 investors call PNC chair and CEO Bill Demchak said he’s never been more excited about the opportunities in front of the Pittsburgh-based bank as it enters 2025.

AUSTINTOWN, Ohio — PNC chair and CEO Bill Demchak said he’s never been more excited about the opportunities in front of the Pittsburgh-based bank as it enters 2025. Posting record revenue in 2024 and besting numbers in key categories from the prior year, as well as Wall Street’s forecasts, positions PNC for a strong year.

PNC is close to rolling out a new online banking platform, Demchak said during its fourth-quarter earnings call on Thursday.

“It’s one of the pieces of the puzzle of making everything we do cloud-native,” he said.

It will provide a better experience for customers and allow PNC to change and introduce products “on the fly,” Demchak said. PNC will be able to accomplish overnight what has been a six-month process.

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