PNC Bank, National Association, a member of The PNC Financial Services Group, Inc. (NYSE:PNC), and ADP (NASDAQ:ADP) announced a strategic partnership on October 28, 2026, to embed ADP's payroll and HR capabilities directly into PNC's digital banking platform under the name PNC Payroll by ADP.

Key Highlights

  • New integrated offering: PNC Payroll by ADP will bring payroll, HR, benefits, time tracking, insurance, and retirement solutions into PNC's existing digital banking experience.
  • Target customer: The product is designed to support small businesses, from startups and one-person operations to more established companies looking to scale, according to the announcement.
  • ADP's existing scale: The solution is built on ADP's experience serving more than 900,000 small businesses, the filing states.
  • ADP's operating history: ADP brings more than 77 years of experience helping businesses manage payroll and related compliance requirements, according to the filing.
  • Round-the-clock support: PNC clients will have access to 24/7 live ADP payroll experts alongside digital self-service capabilities.
  • Embedded payroll expansion: The agreement represents, according to the filing, "the latest expansion of ADP's embedded payroll offerings" into digital platforms used by small businesses daily.

PNC and ADP Combine Banking and Payroll in a Single Digital Environment

According to the filing, PNC Bank, National Association, is a member of The PNC Financial Services Group, Inc. (NYSE:PNC), described as "one of the largest diversified financial services institutions in the United States," organized around retail and business banking, corporate banking, real estate finance, asset-based lending, and wealth management. The announcement was issued from Roseland, N.J. and Pittsburgh on October 28, 2026, and distributed via PRNewswire jointly by ADP and PNC Bank.

The filing states that small businesses have traditionally managed payroll, HR, and banking activities across multiple separate systems. PNC Payroll by ADP is intended to consolidate those functions into a single workflow by embedding ADP's AI-enabled payroll and HR capabilities into PNC's digital banking platform. The offering is described as covering payroll, HR, time tracking, insurance, and retirement solutions, all accessible through PNC's existing digital banking interface. According to the filing, AI-powered capabilities are designed to automate routine tasks while ADP's payroll experts provide guidance on federal, state, and local workplace requirements.

Dave Shorten, identified in the filing as head of SMB Treasury Management at PNC Bank, is quoted as stating that the collaboration "combines ADP's small business expertise and scalable solutions with PNC's relationship-driven approach to banking." Matt Farwell, identified as president of Small Business Services at ADP, is quoted as describing the goal of providing "a trusted, centralized platform" to help business owners reduce time spent on disconnected systems. The filing notes that ADP serves more than 1.1 million clients across 140 or more countries.

What Was Disclosed

PNC Bank and ADP jointly announced a strategic partnership to launch PNC Payroll by ADP, an integrated payroll, HR, and digital banking solution aimed at small businesses. The announcement was made on October 28, 2026, and details the product's features, target users, and the companies' combined capabilities.