Vantiv, Inc. : Vantiv, Inc. : ICBA Bancard and Vantiv Ink Deal for Credit and Merchant Processing Services
Vantiv, Inc. : Vantiv, Inc. : ICBA Bancard and Vantiv Ink Deal for Credit and
Merchant Processing Services
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ICBA Bancard and Vantiv Ink Deal for Credit and Merchant Processing Services
Cincinnati - Jan. 7, 2013 -Vantiv, Inc. (NYSE: VNTV), a leading provider of
payment processing services and related technology solutions for financial
institutions and merchants, announced today a strategic alliance with ICBA
Bancard, the payments subsidiary of the Independent Community Bankers of
America (ICBA), to offer its member clients credit card processing and
merchant services.
"Credit card and merchant services are critical components of community banks'
payment services," said Noah Wilcox, ICBA Bancard chairman and president and
CEO of Grand Rapids State Bank in Grand Rapids, Minn. "This relationship with
Vantiv will undoubtedly help our community bankers meet and exceed their
consumer and small business customers' expectations while strengthening the
total banking relationship."
Vantiv works to take the complexity out of credit card issuing through its
easy to implement technology and account management tools so that community
banks can focus on the growth of their portfolios. The Vantiv merchant
services program provides bankers robust service-levels, including sales and
marketing support, assistance in managing payments and capturing new revenue
opportunities, 24/7 availability, a dedicated customer support team, and sales
and referral reporting.
"Vantiv is proud to work with ICBA Bancard and their membership to help
fulfill the needs they have for credit card processing and merchant services,"
said Royal Cole, president, financial institution services at Vantiv.
"Through the ICBA agreement, we can now extend our reach to even more
community bankers and provide them strategic consultation in tailoring
solutions that broaden and deepen their relationships with consumers and
merchants."
CONTACTS:
Andrew Ciafardini
Director of Public Relations for Vantiv
513.900.5308
andrew.ciafardini@vantiv.com
Aleis Stokes
VP Media & Public Relations for ICBA
202.821.4457
aleis.stokes@icba.org
About ICBA Bancard & TCM Bank, N.A.
ICBA Bancard is the wholly owned payment services subsidiary of the
Independent Community Bankers of America. ICBA Bancard provides community
banks with equitable access to cutting edge credit, debit and merchant
processing products in addition to remote deposit, Internet Banking and ATM
solutions. For more information, visit the ICBA Bancard website at
www.icbabancard.com or call 800-242-4770.
About Vantiv, Inc.
Vantiv, Inc. (NYSE: VNTV), is a leading, integrated payment processor
differentiated by a single, proprietary technology platform. Vantiv offers a
comprehensive suite of traditional and innovative payment processing and
technology solutions to merchants and financial institutions of all sizes in
the U.S., enabling them to address their payment processing needs through a
single provider. We build strong relationships with our customers, helping
them become more efficient, more secure and more successful. Vantiv is the
third largest merchant acquirer and the largest PIN debit acquirer based on
number of transactions in the U.S. The company's growth strategy includes
expanding further into high growth payment segments, such as prepaid,
ecommerce, mobile and information solutions, and attractive industry
verticals, such as business-to-business, government, healthcare and education.
For more information, visit www.vantiv.com.
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©Copyright Vantiv, LLC. All rights reserved. Vantiv, the Vantiv logo, and
all other Vantiv product or service names and logos are registered trademarks
or trademarks of Vantiv, LLC in the USA and other countries. ®indicates USA
registration.
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Source: Vantiv, Inc. via Thomson Reuters ONE
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