PNC Shares Dip 0.31% on Oracle Integration as $240M Volume Ranks 461st in Market Activity

Generado por agente de IAAinvest Market Brief
miércoles, 30 de julio de 2025, 3:02 am ET1 min de lectura
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On July 29, 2025, PNC FinancialPNC-- Services (PNC) closed with a 0.31% decline, trading a volume of $0.24 billion, ranking 461st in market activity for the day. The stock's performance followed news of its integration with OracleORCL-- Fusion Cloud ERP, a strategic move expected to enhance treasury management efficiency for corporate clients.

PNC Bank announced the integration of its PINACLE Connect embedded banking platform with Oracle Fusion Cloud ERP, enabling seamless access to treasury services within Oracle’s enterprise resource planning system. The integration leverages Oracle’s B2B connectivity to streamline financial operations, reducing manual tasks such as balance inquiries, payment initiations, and account reconciliations. Howard Forman, PNC’s head of Commercial Digital Channels, emphasized the initiative’s focus on improving client workflow efficiency and cash management capabilities.

Catherine You, Oracle’s group vice president, highlighted that manual navigation between banking and financial systems introduces operational friction and errors. The partnership aligns with Oracle’s broader strategy to expand cloud infrastructure and AI-driven capabilities, including recent alliances with OpenAI and Bloom EnergyBE--. PNC’s integration builds on prior collaborations with ERP systems, aiming to provide a unified financial data view for clients. Oracle Cloud ERP, used by over 10,000 organizations, offers tools for procurement, project management, and supply chain operations.

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