By Dave Sebastian

PNC Bank NA said it has agreed to buy Tempus Technologies Inc., a payment-gateway provider, in a move that would expand the bank's payment platform for corporate clients.

The PNC Financial Services Group Inc. subsidiary on Wednesday didn't disclose terms of the transaction.

Jason Sweitzer, Tempus Technologies' president, will remain with the business, along with its management and employees out of Auburn, Ind., PNC said.

Write to Dave Sebastian at dave.sebastian@wsj.com

(END) Dow Jones Newswires

01-27-21 0848ET