PNC cuts nearly 600 apps for BBVA conversion

CEO credits cloud, API-based approach with ease of transition

Photographer: Mark Abramson/Bloomberg

PNC cut nearly 600 apps during its $11.5 billion acquisition of BBVA, which closed in June. That’s roughly one app for each BBVA branch. Chief Executive Officer Bill Demchak said PNC retained only two BBVA apps when all was said and done. The $553.5 billion PNC converted approximately 2.6 million customers, 9,000 employees and nearly 600 branches […]

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