Brand analysis
PNC Bank has added +2 to its Overall Effort Score this wave, sitting at joint-third in a three-way tie alongside Citi and USAA.
The score has risen thanks to gains across all four pillars. While Style of Communication and Speed of Resolving Problems add +2, Knowledge & Expertise and Valuing the Customer added just +1 so that should be an area of focus for the brand in the next three months.
In October, PNC Bank improved its customer service offering by partnering with Akoya for the expansion of its existing integration to support corporate data sharing through the Akoya data access network. This feature enhances the ability of corporate clients to securely share their financial data with third parties, including fintechs and data aggregators.
The biggest plans were announced in February when the bank announced plans to invest $1bn in its branch network, opening 100 new locations and renovating 1,200 existing ones.
The Customer Effort Index may now be measuring the results of this investment.