Agreement expands Vantiv’s distribution partnerships for reaching Financial Institutions
Vantiv chosen for its deep payments expertise and comprehensive suite of payment solutions
CINCINNATI, February 9, 2017 — 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 Financial Technology Solutions International, (FTSI), has signed an exclusive agreement to offer Vantiv services, including debit, credit and ATM processing to its 150 financial institution partners across the U.S. FTSI offers a comprehensive collection of cutting-edge branch solutions including hardware, software, cash services, first-and second-line maintenance, security solutions, and a range of consultative services.
“We chose Vantiv because they are a clear leader in the payments industry with 45 years of experience and expertise,” said Susan Napier, chief executive officer at FTSI. “Vantiv focuses solely on payments and offers best-in-class solutions that will help our financial institution clients to combat fraud and grow their portfolios.”
FTSI will begin offering Vantiv to its current and prospective financial institution partners for card processing, ATM processing, fraud protection and other services, including mobile banking technology.
“FTSI partners will now be able to tap into Vantiv’s strategy for optimizing card revenue through mobile payments, advisory services and in-depth analytics,” said Bill Hampton, senior vice president and general manager of Financial Institution Services at Vantiv. “We look forward to partnering with these banks and credit unions to provide deeper insights and intelligence into the dynamics of their customers’ and members’ payment activity.”