Vantiv, Inc. : Litle & Co. Wins 2013 CNP "Judges Choice" Award at CNP Expo
Vantiv News Release
Litle & Co. Wins 2013 CNP "Judges Choice" Award at CNP Expo
"Best Chargeback Management Solution" Nod includes Fraud Chargeback Prevention
CINCINNATI, June 10, 2013 -Vantiv, Inc. (NYSE: VNTV), a leading provider of
payment processing services and related technology solutions for merchants and
financial institutions of all sizes, announced today that its subsidiary,
Litle & Co., a leading ecommerce payment processor, won a 2013 CNP Award at
the CNP Expo held May 20-23 in Orlando, Fla.. Litle landed "Judges Choice"
honors for Best Chargeback Management Program at an evening ceremony held on
May 22. The 2013 CNP Award Judges Choice winners were selected by a panel of
five judges with deep experience in card-not-present payments.
"The CNP award is a testament to Litle & Co's. best in breed ecommerce
processing technology," said Bill Weingart, chief product officer at Vantiv.
"In the always-on world of ecommerce, our award winning solutions help us
empower merchants to spend more time managing their businesses and less time
managing process, saving time and money. We were proud to be recognized by the
industry with this prestigious award during the CNP Expo."
Central to Litle's whole-picture approach to chargeback management are its
fraud chargeback prevention service and representment win predictor. The
first provides clients a daily, merchant-specific report of issuer-confirmed
fraudulent transactions and offers a set of controls, including
method-of-payment and ticket price, that allow merchants to automatically
refund transactions identified as fraudulent. The second analyzes historic
representment outcomes across all chargebacks to predict probability that a
merchant will win a chargeback representment.
"We were pleased to see the growth in this year's Awards. Overall, nominations
have nearly doubled since last year," said Steve Casco, founder and president
at CardNotPresent.com, producer of the CNP Expo. "The CNP Awards are becoming
the standard by which companies, programs and services around the world are
being recognized and judged now and in the future. We were delighted to see
Litle & Co. recognized by industry judges for their chargeback management
Tom Pouliot, Payment Evangelist at Litle accepted the award on behalf of Litle
& Co. and Vantiv. (Photo can be downloaded at the link below.)
Director of Public Relations for Vantiv
CardNotPresent.com is an independent voice generating original news,
information, education and inspiration for and about the companies and people
operating in the card-not-present space-one of the only sources of content
focused solely on this growing segment of the payments industry. The company's
media platforms include the CardNotPresent.com portal, the hub for news,
information and analysis about the payments issues that most affect merchants
operating in the space, the CNP Expo, an annual gathering of the leading
companies in the space, and the CNP Awards, an annual event honoring the
products and solutions CNP merchants rely on most to increase sales.
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 ecommerce,
payment facilitation (PayFac^TM), mobile, prepaid and information solutions,
and attractive industry verticals, such as petroleum, business-to-business,
government, healthcare, gaming and education. For more information, visit
Information on Vantiv can also be found on Twitter, Facebook, LinkedIn,
Google+ and YouTube.
© 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
# # #
Litle & Co Judges Choice Award Image
Tom Pouliot w CNP Award-a
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information contained therein.
Source: Vantiv, Inc. via Thomson Reuters ONE
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