We selected Vantiv for our Endorsed Partner Program because of the scale and scope of its payment processing capabilities and proven track record of innovation.
Cincinnati, Ohio (PRWEB) July 21, 2016
Vantiv, Inc. (NYSE: VNTV), a leading provider of payment processing services and related technology solutions for merchants and financial institutions of all sizes, today announced that it has been chosen by the California Bankers Association (CBA), one of the largest state banking trade associations, as its sole endorsed EFT processing partner.
“We’re pleased to have been selected by an organization as established and successful as the CBA,” said Bill Hampton, senior vice president and general manager of financial institution services at Vantiv. “We look forward to providing the CBA’s members with the tools and resources to help them achieve best in class results through innovative products and solutions, and we’re excited to interact directly with the banks in this region to grow their portfolios.”
The banks that make up the CBA can take advantage of a holistic suite of payment processing solutions from Vantiv including discounted credit, debit and ATM rates. Another exciting product that bank customers will have access to is Vantiv’s MobiMoney, a mobile app that gives members control of card functionality, promoting lower fraud losses and safer spending habits. MobiMoney allows cardholders to turn cards on and off, and receive instant alerts on their mobile devices for all card activity. It also lets them restrict card usage based on personal preferences including geographic location, type of merchant, type of transaction and threshold amount.
“We selected Vantiv for our Endorsed Partner Program because of the scale and scope of its payment processing capabilities and proven track record of innovation,” said Julianna Graham, senior vice president of strategic partners at the CBA. “We also received such positive feedback from referrals and users of the product in our due diligence review that it became an easy choice.”
ABOUT THE CALIFORNIA BANKERS ASSOCIATION (CBA)
Established 125 years ago, the California Bankers Association (CBA) is one of the largest state banking trade associations in the country. CBA leads the way in developing relevant legislative and educational solutions to some of California’s more pressing financial and banking issues, including financial empowerment, identity theft, financial privacy, and financial elder abuse. CBA’s membership includes the majority of California’s commercial, industrial and community banks and savings associations. For more information, visit http://www.calbankers.com.
Vantiv, Inc. (NYSE: VNTV) is a leading payment processor differentiated by an integrated technology platform. Vantiv offers a comprehensive suite of traditional and innovative payment processing and technology solutions to merchants and financial institutions of all sizes, 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 second 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 channels and verticals, including integrated payments, eCommerce, and merchant bank. Visit us at http://www.vantiv.com, or follow us on Twitter, Facebook, LinkedIn, Google+ and YouTube.
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