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FirstBank halts core migration amid PNC acquisition

PNC to acquire FirstBank for $4.1B

byWhitney McDonald

September 12, 2025

in Retail Banking

Reading Time: 3 mins read

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FirstBank halts core migration amid PNC acquisition

PNC to acquire FirstBank for $4.1B

90% of Varo lending decisions derived through cash flow underwriting

At least one VC is using AI for all investment decisions

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