PNC Acquires Point of Sale and Payments Solutions Firm, Linga

The PNC Financial Services Group, Inc. ( NYSE: PNC) today announced it has acquired Linga, a point of sale (POS) and payments solutions firm providing an industry-leading, cloud-based restaurant operating system. The acquisition of Linga and its technology will further expand PNC’s digital resources and enhance the bank’s capabilities to better serve its hospitality and restaurant industry clients. “This acquisition reflects our continued commitment to expanding our corporate payments capabilities, as well as investing in the solutions...

PNC Changes Prime Rate

PNC announced a decrease in its prime lending rate. The new rate of 4.25% is effective tomorrow, March 4, 2020. The PNC Financial Services Group, Inc. (NYSE: PNC) is one of the largest diversified financial services institutions in the United States, organized around its customers and communities for strong relationships and local delivery of retail and business banking including a full range of lending products; specialized services for corporations and government entities, including corporate banking, real estate finance...

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