Vantiv, LLC

OmniDirectional Disruption: Which Way is Up? (Webinar)
OmniDirectional Disruption: Which Way is Up? (Webinar)

During this session, Mick Oppy, Vice President, FI Core Products for Vantiv, will explain the ways your credit union can navigate and thrive during this period of OmniDirectional disruption by adapting to what may be the new norm.

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Partner Contact: Lauren Gonnella

Overview

Vantage InsightsVantiv, 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 (PayFacTM), mobile, prepaid and information solutions, and attractive industry verticals such as business-to-business, ecommerce, healthcare, gaming, government and education.

Watch how Vantiv supported Aventa Credit Union through the EMV migration process:

Solutions

Card Services

Offers ATM, consumer debit, business debit and HELOC card processing, plus value-added services including, but not limited to:

  • lost/stolen support
  • 3-D Secure/Verified by Visa, MasterCard
  • Secure Code
  • fraud monitoring
  • stand-in processing

Card Management

Our unique back-office management system allows our clients to perform real-time tasks, such as allowing new cards to be immediately defined and activated, blocking cards, performing the hot card function, changing a PIN, and making other updates to be placed instantly on existing cards.

Card Production

Supports a wide variety of card issuance requirements, including regional and national network-branded ATM cards, debit cards (standard, business, and gold), Visa CheckCard and Debit MasterCard cards.

Network Gateway

Provides access to most regional and national ATM, POS and EBT networks, credit card associations, fleet programs and a variety of other services. We provide a single point of settlement for these networks, thereby providing streamlined settlement and reconciliation across networks.

Command Center

Our Command Center operators monitor ATMs, network links and other directly attached devices continually, 24 hours per day, 365 days a year.

Reports

Provides a comprehensive set of EFT reports that cover settlement, reconciliation, deposit proof, adjustments, security suspects, ATM usage, performance reporting, and other network statistics.

Transaction Processing

Our systems have handled processing loads in excess of 1,000 transactions per second and can handle significantly greater loads. We maintain an internal response time of 0.10 seconds and a transaction response time of 1.80 seconds. Our systems are designed for maximum scalability, flexibility and growth.

Conversions

Vantiv, LLC understands the complexity of EFT conversions.

Credit Card Programs

Our Complete Card Solution is great for smaller credit unions. We make it easy for you to get up and running by providing standard terms, etc.

Our Custom Solutions are ideal for credit unions who already have 10,000 account holders or who can get there fast. Your portfolio is unique. CMC’s strategic difference is our ability to be flexible and fully equipped to formulate solutions for a diverse cross-section of clients. We are much more than a third-party vendor ~ we are stakeholders in your success. Our technology solutions coupled with service to our clients is what makes us a valuable partner with your institution.

Debit Card Marketing Program

Full-service debit card-marketing program to enable credit unions to effectively promote card acquisition, activation and usage on a quarterly basis. This turnkey service utilizes direct mail packages to influence cardholder behavior, drive transaction growth and increase profitability. By taking advantage of this opportunity, our credit union members maximize their annual interchange growth, inevitably building “best-in-class” portfolios.

Merchant Services

Our Merchant Services for Financial Institutions program is tailored to help improve your revenue streams while you assist merchants with payment processing capabilities. We provide the people, partnerships, and technology to you, so you can provide the expertise, access, and support to your merchants. Learn more.  

Benefits

Control: Vantiv’s in-house processing systems and skilled programmers address your needs more quickly, with more options and increased cost savings. For example, our dual role as credit card processor and ATM processor enables you to accept credit cards, debit cards, EBT cards and check processing services through the same interface, simplifying settlement and increasing speed of authorization.

Innovation: Vantiv has a history of developing some of the industry’s milestone innovations, such as the first shared online ATM network, early online POS debit and adjustment processing, and the first Internet-accessible transaction management system. From Internet research capabilities to the payment methods of the future, Vantiv keeps you on the forefront of payment technology.

Stability: Vantiv's consistent performance, sizable growth, and asset size of over $106 billion are some of the factors that have made Vantiv Bank one of the largest transaction processors in the U.S.

Technology: The experience, size and resources of Vantiv enable constant system improvement and evaluation. For example, Vantiv was the first processor in the U.S. to employ IBM’s Parallel Enterprise Server hardware platform. The ability of these systems to handle tremendous processing loads, even during peak periods, helps keep your customers’ wait in line to a minimum.

Efficiency: Vantiv continues to set the standards for back office efficiency. Vantiv pioneered the development of online chargeback response, facsimile draft, and Internet-accessible back office management. Over the past nine years both MasterCard and Visa have recognized our commitment to customer service and presented us with Quality Service and Data Integrity Awards—a record unmatched in the industry.

Reliability: Redundant resources in our Cincinnati, Ohio; Florence, Kentucky; and Grand Rapids, Michigan data centers allow you to enjoy maximum availability of your payment systems. In addition, Vantiv provides a telephone authorization system that is available 24 hours a day, seven days a week for use in case of terminal malfunction.

ATM Support: Supports virtually every recent model ATM installed in the United States, and also offers a wide range of ATM processing features, including surcharging, mini-statements, stamp and non-cash item dispensing, promotional screen messages, Remote Key, EJ Upload, Software Distribution and many other features that provide the value-added services the industry has adopted.

Customer Testimonials

Learn about Vantiv from the financial institutions that Vantiv supports each day.

NAFCU Member-only Benefits

$5,000 bonus to NAFCU member credit union for conversion and three-year waiver of fee on debit card marketing programs – an additional savings of $2,400.

Complimentary credit card portfolio performance analysis. No setup fee for rewards program on new or existing credit card programs – a $5,000 savings.

Educational Resources

  •  OmniDirectional Disruption: Which Way is Up? (Webinar)
    During this session, Mick Oppy, Vice President, FI Core Products for Vantiv, will explain the ways your credit union can navigate and thrive during this period of OmniDirectional disruption by adapting to what may be the new norm.
  •  Vantiv Infographic: From eCommerce to Omnicommerce
    While brick-and mortar still dominates, eCommerce is gaining market share. 90% of all retail sales take place in-store, with retail sales totaling at $4.7 trillion and eCommerce sales at $304 billion. eCommerce sales are projected to move from 6.4% to 8.9% by 2018.
  •  The Omni-Integration Imperative Webinar (Webinar)

    Today's consumers are increasingly equipped for and interested in trying new mobile payment methods. They are looking for integrated omnicommerce experiences… are you ready to help?  

  •  Top 10 Payment Trends for 2014 (Webinar)
    Join Lorena Harris, head of the Vantiv Insights research program, and Ken Paterson, head of Research Operations at Mercator, as they discuss Consumer payment priorities, fears, and expectations.
  •  Mobile Payments and the Omni-Consumer of the Future (Webinar)

    Today's young consumers are increasingly equipped for and interested in trying new mobile payment methods. They are looking for excellent omnicommerce experiences… are you ready to help?

View All Educational Resources

News

  • Empower Federal Credit Union Achieves Consolidated Payment Processing with Vantiv, Inc. (April 27, 2015)
    Empower Federal Credit Union (FCU), a full-service financial institution with more than $1.3 billion in assets, has signed a multi-year agreement with Vantiv, Inc., a NAFCU Services Preferred Partner, to offer a complete suite of payment processing solutions and related services for new and existing members.
  • Vantiv Becomes Second Largest Merchant Acquirer in the U.S. (March 31, 2015)

    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 new research by The Nilson Report1 indicates that Vantiv has become the second largest merchant acquirer in the United States based on number of purchase transactions.

  • Vantiv Selected as NAFCU Services Preferred Partner for Merchant Services (April 16, 2012)
    Cincinnati, Ohio, and Washington, D.C., April 16, 2012 – Vantiv, Inc. (NYSE: VNTV), a leading provider of payment processing services and related technology solutions for merchants and financial institutions of all sizes in the U.S., announced today that National Association of Federal Credit Unions (NAFCU) Services Corporation has added Vantiv Merchant Services to the company‟s suite of solutions in the NAFCU Services Preferred Partner program. Vantiv is also the NAFCU Services Preferred Partner for ATM and debit card processing solutions, and credit card processing and servicing.

Contact

Lauren Gonnella
Financial Institution Services, Relationship Management
http://www.vantiv.com