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Vantiv, Inc. : ICBA Bancard and Vantiv Ink Deal for Credit and Merchant Processing Services

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Copyright © Thomson Reuters 2013. All rights reserved.
2013-01-07 17:08:37 -

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

"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

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 Aleis Stokes VP Media & Public Relations for ICBA 202.821.4457 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 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 ©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. ### Vantiv Wordmark: ICBA Bancard Logo: This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Vantiv, Inc. via Thomson Reuters ONE [HUG#1668420]

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