View all newsletters
Receive our newsletter – data, insights and analysis delivered to you
  1. News
August 29, 2013updated 04 Apr 2017 1:02pm

PNC Bank completes upgrade of 3,600 ‘smart’ ATMs

US-based PNC Bank has completed year-long project to upgrade its national ATM network, with the installation of 3,600 'smart' cash points.

By Kate Palmer

US-based PNC Bank has completed year-long project to upgrade its national ATM network, with the installation of 3,600 ‘smart’ cash points.

The DepositEasy cash machines let customers deposit cheques and receive funds the same day, or deposit cash without using an envelope or deposit slip. Customers can also transfer funds between linked accounts, and withdraw £1 bills or choose to receive cash in $10 or $20 increments.

Ken Justice at PNC said the bank is always looking for innovative ways to make banking easier. ""Our ATM enhancements are another major investment to help customers bank when and where they want," he said.

Justice, who heads the bank’s ATM offering, said customers were responding well to the new cash points since they first rolled out in early 2012. "Prior to the completion of the ATM upgrades, deposits via ATM and mobile app increased 23% of PNC’s total deposits in the second quarter compared to 14% last year."

PNC has reached out to any technology adverse customers by providing instructional videos about online banking, mobile banking, mobile deposit, text banking and Popmoney – the bank’s mobile app for sending and receiving money – on its ‘Always Open’ webpage.

 

Related articles:

PNC looks to frequent flyers with credit card deal

PNC opens portable pop-up branch in US

PNC targets $50m savings from greater use of ATMs

Retail banking profit collapse at PNC

 

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A weekly roundup of the latest news and analysis, sent every Wednesday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Retail Banker International