2020 Impact Innovation Award in Cash Management and Payments: PNC Bank

PNC Bank is the 2020 recipient of Aite Group’s Impact Innovation Award in Cash Management and Payments for Product Development.

Boston, November 18, 2020 While technology continues to offer greater speed and automation to corporate banking, several manual processes, such as cash flow forecasting, continue create challenges for corporate treasurers. Companies with multiple bank relationships spend far too much time pulling information from various sources and entering it into spreadsheets. PNC Bank’s Cash Forecasting can help simplify the process and allow treasurers to spend more time using cash forecasting and less time building the forecasts.

Aite Group’s Impact Innovation Awards are designed to recognize and celebrate innovation achieved by financial institutions leveraging technology to surpass the status quo. Award recipients are leading the industry by identifying and implementing new products, capabilities, or levels of automation and effectiveness that are bringing our industry one step closer to next-generation banking.

Clients of Aite Group’s Wholesale Banking & Payments service can download this nine-page Impact Brief. To learn more about the topic covered in this Impact Brief, please contact us at [email protected].

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