Vantiv, Inc. (NYSE: VNTV) is a leading integrated payment processor for businesses and financial institutions, processing more than 12.9 billion payment transactions and approximately $426 billion in volume annually.
Formed in 1971 and known until recently as Fifth Third Processing Solutions, the Company builds strategic partnerships with its customers, helping them become more efficient, more secure and more successful. Vantiv supports more than 400,000 merchant locations and more than 12,000 ATMs in 46 states and 8 countries. The company also provides payment strategies and technologies to over 1,300 financial institutions, including more than 700 credit unions throughout the U.S.
The company continues to deliver debit, credit, prepaid, check, data security and advisory services. Vantiv is also taking the lead in emerging areas such as fraud prevention, transaction security, eCommerce, and mobile payment technologies.
Its subsidiary, NPC, is one of the largest provider of payment processing services focused on the small-to-medium merchant processing market. According to the Nilson Report, the Company is the largest PIN Debit U.S. acquirer and third largest U.S. merchant transaction acquirer ranked by general purpose transaction volume.
Previously a joint venture between Advent International and Fifth Third Bank, a subsidiary of Fifth Third Bancorp (FITB), Vantiv became a publicly-traded company on March 22, 2012, listed on the NYSE under the ticker symbol “VNTV.”
Payment Acceptance, Card Issuing and Processing, Mobile Payment Technologies, Fraud Prevention and Data Security – less