F.N.B. Corporation at Forefront of Industry with Launch of Automated Payment Switch Technology

Rhea-AI Summary

F.N.B. Corporation (NYSE: FNB) on Dec 16, 2025 launched Payment Switch, an automated service in the FNB Direct Mobile Banking App that moves recurring ACH and debit card payments to FNB to simplify onboarding and drive client primacy.

Payment Switch complements FNB's Direct Deposit Switch and eStore onboarding (open >40 accounts at once), links merchants handling ~80–90% of recurring payments, and joins recently introduced instant payments that settle in under 15 seconds.

Positive

• Merchants cover ~80–90% of recurring payment volumes
• Instant payments deliver funds in under 15 seconds, 24/7
• eStore onboarding opens more than 40 accounts simultaneously
• Strategic fintech investment in Atomic enables Payment Switch integration

Negative

• None.

Key Figures

Recurring payment coverage 80–90% of total recurring payment volumes Merchants accessible via Payment Switch nationwide

Accounts in eStore More than 40 accounts Number of accounts consumers and small businesses can open simultaneously

Instant payment speed Under 15 seconds Time to receive funds via instant payments

Instant payment availability 24 hours per day, 365 days per year Availability window for instant payment receipt

Market Reality Check

$17.47 Last Close

Volume Volume 5,110,608 is modestly above the 20-day average of 4,724,919 (relative volume 1.08). normal

Technical Shares at $17.49 are trading above the 200-day MA of $14.98 and within 1.46% of the 52-week high of $17.75.

Peers on Argus

Regional bank peers are mixed, with several names down modestly (e.g., OZK -2.14%, GBCI -1.02%, PB -0.94%, VLY -0.75%) while HWC is near flat at +0.09%. FNB’s slight move of -0.17% appears more stock-specific than part of a broad sector trend.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Nov 12	Dividend declaration	Positive	+0.8%	Board declared a <b>$0.12</b> per-share quarterly cash dividend.
Oct 30	Culture awards	Positive	+0.7%	Multiple national and regional Top Workplaces awards for culture and well-being.
Oct 23	Leadership award	Positive	+0.1%	CEO recognized as 'CEO of the Year – USA' for digital transformation efforts.
Oct 16	Quarterly earnings	Positive	+3.0%	Reported Q3 2025 net income of <b>$149.5M</b> and record revenue of <b>$457M</b>.
Sep 25	Earnings scheduling	Neutral	-0.1%	Announced timing of Q3 2025 earnings release and investor conference call.

Pattern Detected

Recent news — dividends, awards, and strong Q3 earnings — has generally coincided with mild positive price reactions, suggesting investors have rewarded both financial performance and franchise-strength headlines.

Recent Company History

Over the last few months, FNB has combined balance sheet growth with franchise and cultural recognition. Q3 2025 earnings showed net income of $149.5M and EPS of $0.41, with record revenue of $457M and higher loans and deposits. Alongside this, the company declared a $0.12 quarterly dividend (payable Dec 15, 2025) and received multiple workplace and leadership awards. Today’s digital Payment Switch launch fits the broader eStore® and “Clicks-to-Bricks” strategy highlighted in recent communications.

Market Pulse Summary

This announcement highlights FNB’s push to expand its digital ecosystem with Payment Switch, Direct Deposit Switch, and instant payments, all integrated into its eStore® and Clicks-to-Bricks strategy. These tools aim to simplify onboarding, capture more recurring payments, and deepen primary bank relationships. In context of recent strong Q3 2025 earnings and ongoing regulatory disclosures, investors may watch how adoption of these capabilities affects deposit mix, fee income, and overall customer growth over time.

Key Terms

ach financial

"move their recurring ACH or Debit Card payments to FNB using the FNB Direct"

ACH (Automated Clearing House) is an electronic network banks use to move money between accounts, like a digital mail carrier that delivers payroll, dividends, bill payments and other transfers. Investors care because ACH affects how quickly a company can pay shareholders, collect revenue or move cash for operations; slower or disrupted ACH flows can change available cash, timing of dividends and short-term liquidity assumptions.

instant payments financial

"The Company also recently introduced instant payments capabilities, enabling consumer"

Instant payments are electronic transfers that move money between accounts and make funds available to the recipient within seconds, much like sending a text message instead of a letter. For investors, they matter because faster settlement improves cash flow, reduces the risk that payments fail or are delayed, and can change how companies earn and spend money—affecting revenue models, operating costs, liquidity and competitive positioning in financial services.

electronic funds transfer financial

"A form of electronic funds transfer, an instant payment leverages advanced"

An electronic funds transfer is a digital movement of money from one bank account to another without paper checks or cash, like sending a wired payment or an automated direct deposit. Investors care because it affects how quickly companies receive and send cash, settle trades, pay suppliers and collect revenue; delays, fees or security risks in these transfers can change a company’s liquidity, costs and short-term financial health.

omnichannel technical

"initiatives advance its omnichannel Clicks-to-Bricks strategy, which is focused"

A coordinated approach to selling and serving customers across all touchpoints—stores, websites, mobile apps, social media, and call centers—so the experience feels like one continuous conversation no matter where a customer interacts. For investors, omnichannel capability signals how well a company can attract and keep customers, turn interactions into sales, and use shared customer data to cut costs and boost revenue—making it a key driver of growth and competitive strength.

fintech financial

"ownership interest in the fintech firm because of its alignment with FNB's"

FinTech, short for financial technology, refers to new tools and software that make managing money easier and more convenient, like mobile payment apps or online banking. It matters because it helps people and businesses access financial services faster, often at lower costs, changing how we handle money in everyday life.

AI-generated analysis. Not financial advice.

Company Continues to Build Out Comprehensive Capabilities with Latest Feature Designed to Save Time and Drive Customer Primacy

PITTSBURGH, Dec. 16, 2025 /PRNewswire/ -- F.N.B. Corporation (NYSE: FNB), the holding company for First National Bank, announced it is among the first wave of banks to introduce Payment Switch, a service that enables customers to automatically move their recurring ACH or Debit Card payments to FNB using the FNB Direct Mobile Banking App. Payment Switch makes it easier for customers to establish a relationship with FNB, advancing the Company's strategy to become the primary bank for its clients.

Payment Switch joins FNB's Direct Deposit Switch service to address common hurdles consumers encounter when opening a new account or changing financial institutions. Instead of visiting multiple merchant websites to update payment details, FNB customers can now utilize the automated Payment Switch service to seamlessly update their payment methods for these merchants in near real time. Saving time and effort, they can easily switch to their FNB Debit Card or Checking Account across multiple merchants and service providers — all in one user-friendly platform, all within the FNB Mobile Banking experience.

"Our digital strategy is designed to drive client primacy and increase market share through a uniquely full-service banking experience that starts with a fast, simple onboarding process," said Vincent J. Delie, Jr., Chairman, President and CEO of F.N.B. Corporation and First National Bank. "Payment Switch further streamlines account opening and makes it easier for customers to move recurring payments to FNB. It is another great example of how FNB is leading the industry with our eStore®, Clicks-to-Bricks strategy and comprehensive digital capabilities."

FNB's current and future customers will be able to take charge of how they pay for services like streaming, food delivery, ride share, car payments, utilities and more, with the merchants accessible through Payment Switch managing about 80 to 90 percent of all total recurring payment volumes nationwide.

Payment Switch and Direct Deposit Switch are delivered through FNB's innovation partnership with Atomic. FNB previously announced it had made a strategic investment to obtain an ownership interest in the fintech firm because of its alignment with FNB's proprietary technology and commitment to innovation.

This most recent announcement demonstrates FNB's continual enhancement of the eStore onboarding process, which enables consumers and small businesses to open more than 40 accounts simultaneously. Now, with the added services, customers can instantly move their direct deposit and recurring ACH transactions to FNB.

To explore an interactive, step-by-step Payment Switch demo, visit the Payment Switch page on fnb-online.com.

Introducing Instant Payments

Payment Switch is one example of FNB's continual investment in its digital technology suite. The Company also recently introduced instant payments capabilities, enabling consumer and commercial clients to now receive funds faster than ever. A form of electronic funds transfer, an instant payment leverages advanced and secure channels that enable users to receive a transaction in under 15 seconds — 24 hours per day, 365 days per year. In the months ahead, FNB also will add the ability for business clients to send their own instant payments.

Continued Investments in Digital Solutions

FNB's electronic payments initiatives advance its omnichannel Clicks-to-Bricks strategy, which is focused on unifying the customer experience across traditional and digital networks. FNB's seamless customer journey revolves around eStore. The proprietary platform enables consumers and businesses to shop for banking solutions, receive data-driven product recommendations, access financial education resources and schedule appointments with FNB experts all in one place. In the weeks and months ahead, customers can expect new capabilities that add digital convenience to traditional channels, including temporary digital debit cards to be issued at account opening before physical cards are delivered.

For FNB's full suite of products, visit fnb-online.com.

About F.N.B. Corporation
F.N.B. Corporation (NYSE: FNB), headquartered in Pittsburgh, Pennsylvania, is a diversified financial services company operating in seven states and the District of Columbia. FNB's market coverage spans several major metropolitan areas including: Pittsburgh, Pennsylvania; Baltimore, Maryland; Cleveland, Ohio; Washington, D.C.; Charlotte, Raleigh, Durham and the Piedmont Triad (Winston-Salem, Greensboro and High Point) in North Carolina; and Charleston, South Carolina. The Company has total assets of $50 billion and approximately 350 banking offices throughout Pennsylvania, Ohio, Maryland, West Virginia, North Carolina, South Carolina, Washington, D.C. and Virginia.

FNB provides a full range of commercial banking, consumer banking and wealth management solutions through its subsidiary network which is led by its largest affiliate, First National Bank of Pennsylvania, founded in 1864. Commercial banking solutions include corporate banking, small business banking, investment real estate financing, government banking, business credit, capital markets and lease financing. The consumer banking segment provides a full line of consumer banking products and services, including deposit products, mortgage lending, consumer lending and a complete suite of mobile and online banking services. FNB's wealth management services include asset management, private banking and insurance.

The common stock of F.N.B. Corporation trades on the New York Stock Exchange under the symbol "FNB" and is included in Standard & Poor's MidCap 400 Index with the Global Industry Classification Standard (GICS) Regional Banks Sub-Industry Index. Customers, shareholders and investors can learn more about this regional financial institution by visiting the F.N.B. Corporation website at www.fnbcorporation.com.

 

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SOURCE F.N.B. Corporation

FAQ

What is Payment Switch from FNB (FNB) announced Dec 16, 2025?

Payment Switch is an automated in-app service that moves recurring ACH and debit-card payments to customers' FNB checking or debit card accounts.

How many merchants does FNB Payment Switch cover for recurring payments?

FNB says merchants accessible through Payment Switch manage about 80–90% of total recurring payment volumes nationwide.

How does Payment Switch work with FNB's eStore onboarding?

Payment Switch integrates with eStore so new customers can open accounts and simultaneously move direct deposit and recurring payments during onboarding.

What instant payments capability did FNB add and how fast are transfers?

FNB introduced instant payments that enable recipients to receive funds in under 15 seconds, available 24/7.

Does Payment Switch require a third‑party fintech partnership for FNB (FNB)?

Yes; Payment Switch and Direct Deposit Switch are delivered through FNB's innovation partnership and strategic ownership interest in the fintech Atomic.

Where can investors or customers see a demo of FNB Payment Switch?

An interactive, step‑by‑step Payment Switch demo is available on FNB's Payment Switch page at fnb-online.com.