PNC Bank, a member of The PNC Financial Services Group, has added new functions and features to Virtual Wallet, its online and mobile money management tool.

Virtual Wallet combines a "Spend" function for banking and bill pay, a "Reserve" account for short-term savings and overdraft protection plus a "Growth" account. Some of the enhancements include budgeting and smart spending, which enables customers to consolidate their payment methods and create budgets for their spending categories. Customers can also add eligible PNC credit cards to the Virtual Wallet in order to get a complete view on this spending in one place. The card balance, available credit and monthly spending history will appear together. Via new alerts, customers will keep track of their debit and credit card usage with e-mail and text messages.