TribLIVE

| Business

 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

PNC Bank giving $5.5M to center for banking technology at CMU

Email Newsletters

Click here to sign up for one of our email newsletters.

On the Grid

From the shale fields to the cooling towers, Trib Total Media covers the energy industry in Western Pennsylvania and beyond. For the latest news and views on gas, coal, electricity and more, check out On the Grid today.

PNC $62.12 +$0.28

at close on TUESDAY

Daily Photo Galleries

'American Coyotes' Series

Traveling by Jeep, boat and foot, Tribune-Review investigative reporter Carl Prine and photojournalist Justin Merriman covered nearly 2,000 miles over two months along the border with Mexico to report on coyotes — the human traffickers who bring illegal immigrants into the United States. Most are Americans working for money and/or drugs. This series reports how their operations have a major impact on life for residents and the environment along the border — and beyond.

Tuesday, Jan. 22, 2013, 2:32 p.m.
 

PNC Bank will contribute $5.5 million over five years to a new center at Carnegie Mellon University's Tepper School of Business that will research technology in retail banking.

CEO James Rohr announced the PNC Center for Financial Services Innovation on Tuesday during a speech at CMU. “Advances in technology and their potential application in financial services underscore the importance of research and education in these areas,” Rohr said. “We are confident that our continued work together will bring tested, secure solutions by introducing new technology and services that will improve the banking experience.”

Sunder Kekre, the Bosch Professor of Operations Management at CMU's Tepper School, was named director of the new center, which also will try to capitalize on new technologies and the effective use of data to advance the functionality of banks and the services they offer to customers, PNC said.

Add Alex Nixon to your Google+ circles.

Subscribe today! Click here for our subscription offers.

 

 

 


Show commenting policy

Most-Read Business Headlines

  1. Small business hangs on fate of Export-Import Bank
  2. $2-per-gallon gas expected by year’s end, but not in Western Pa.
  3. FirstEnergy to build coal waste processing facility in Beaver County
  4. Muni bond funds stressed
  5. ATI to benefit from WTO ruling against China in steel case
  6. Trib 30 index slips in July; 29 percent drop makes ATI biggest loser
  7. Low fuel pressure may have easy fix
  8. 3 vehicles to keep an eye on for 2016
  9. Insurers: F-150’s aluminum costly to repair
  10. Jaguar XJ flagship struggles to keep pace
  11. Invasive beetle costs Pittsburgh-area power companies plenty