PNC Bank Launches Newest Tech Hub in North Texas

PNC Bank has officially opened its North Texas Technology and Innovation Hub in Farmers Branch. Designed to encourage a culture of collaboration, most of its 200 employees will focus on developing—and elevating—PNC’s innovation and technology endeavors.

PNC calls it "the first hub of this type to be established in Texas." Take a look inside in our photo tour below.

PNC Bank has officially opened its newest tech-focused space. The North Texas Technology and Innovation Hub, which PNC calls “the first hub of this type to be established in Texas,” is strategically located to attract top talent.

The majority of the hub’s 200 employees will focus on developing—and elevating—PNC’s innovation and technology endeavors. Located in Farmers Branch, the modern space is designed to encourage a culture of collaboration with multipurpose rooms and an open layout.

Brendan McGuire, PNC regional president for North Texas. [Photo: PNC Bank]

“PNC’s new North Texas Technology and Innovation Hub is another example of how we’re leading the financial industry in the innovation space, especially in a region that is one of the fastest-growing tech hubs in the country,” said Brendan McGuire, PNC regional president for North Texas, in a statement. “We know the only way to stay ahead of the curve in banking is through consistent, groundbreaking technology, and the spirit of entrepreneurship is core to who we are.”

McGuire says the bank is in a “prime position” to grow via a Main Street banking model following the acquisition of BBVA USA. “Our newest innovation hub will help us to continue this momentum,” he said.

PNC expanded in the North Texas market through its acquisition of BBVA USA, which was finalized in June  2021, culminating with a full integration of the companies in October. PNC’s Main Street Bank model is a community approach to business and philanthropy in North Texas “to help bolster and sustain the broader area it now serves,” the company said.

‘Turbocharging PNC’s growing innovative capabilities’

“While we’re already a strong community partner, the North Texas Technology and Innovation Hub is another opportunity for PNC to help grow and diversify the local economy and create new opportunities for those who call this vibrant area home—and also those looking to relocate,” said Ganesh Krishnan, PNC enterprise chief information officer and head of Business Technology and Innovation, said in a statement. “We’re thrilled to turbo charge PNC’s growing innovative capabilities by tapping into the North Texas technology talent pool.”

PNC points to its focus on technology and innovation, which includes recent product rollouts such as PNC EarnedIt. The offering lets clients pay on-demand as an employee benefit that gives employees access to earned pay at point in the pay cycle. Another product introduced in 2021, Low Cash Mode, has reduced overdraft fees by 46%, saving customers more than $54 million in overdraft and NSF fees.

North Texas is a diverse market, says Deborah Guild, PNC chief security officer and head of Enterprise Technology and Security.  “This hub’s official opening represents a tremendous opportunity to attract talent that reflects our expanded customer base.”

Look inside

PNC’s newest innovation hub, located at 11511 Luna Road in Farmers Branch, features multipurpose rooms, a main conference room for training and large-scale presentations, team meeting areas with writeable surfaces and large screens for brainstorming and planning, lockers for employee convenience, and modern artwork for a vibrant work atmosphere.

PNC Bank’s North Texas Technology and Innovation Hub. [Photo: PNC Bank]

PNC Bank’s North Texas Technology and Innovation Hub. [Photo: PNC Bank]

PNC Bank’s North Texas Technology and Innovation Hub. [Photo: PNC Bank]

Fresh air, nice view at  PNC Bank’s North Texas Technology and Innovation Hub. [Photo: PNC Bank]

PNC Bank’s North Texas Technology and Innovation Hub. [Photo: PNC Bank]

PNC Bank’s North Texas Technology and Innovation Hub. [Photo: PNC Bank]

 

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R E A D   N E X T

  • The U.S. Innovation and Competition Act, which passed in May, has the power to develop 20 tech hubs throughout the United States. According to Tech Titans' CEO Bill Sproull, Dallas-Fort Worth could be a strong contender for one of those spots.

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    Nonprofit BUiLT is hosting the event to highlight the success and possibilities of Black tech talent in the region. “There is no talent pipeline problem,” says Peter Beasley, co-founder of the Blacks United in Leading Technology International. “Black tech talent is widely available, especially in North Texas.”

  • The NTXIA is a founding member of the new National Smart Coalitions Partnership, now one of the largest smart cities networks in the country. The organization unites more than 100 governments across seven regional smart cities consortiums. The goal? To accelerate sustainability and resilience in communities.

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  • The public ledger consensus service from Richardson-headquartered Hedera helped “gather, store, and order” millions of data points in the trial, which was sponsored by the U.K. government. Working with London-based aviation tech firm Neuron Innovations, Hedera helped advance the case for the safe sharing of long-distance airspace by commercial, military, and government drones.