CINCINNATI, July 24, 2017 /PRNewswire/ -- 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 Vantiv has been selected by Columbia Bank to provide its business customers with a full-suite of innovative payments solutions. The multi-year agreement will support Columbia Bank's network of branches in the Northwestern United States. Columbia Bank, a full-service commercial bank, is headquartered in Tacoma, Wash., serving communities in Washington, Oregon and Idaho.
"Supporting the economic success of our business clients is an expression of our customer promise, and partnering with Vantiv builds on that commitment by allowing us to offer seamless and secure payment solutions through a trusted source," said Bruce Morehead, Senior Vice President of Banking Solutions at Columbia Bank. "Vantiv's track record indicates its dedication to innovation, and this commitment improves our ability to offer merchants top-notch services and solutions featuring the latest in security, technology and analytics."
Vantiv's merchant services program will provide the ability for Columbia's business customers to accept multiple electronic forms of payment such as debit, credit and gift cards across various channels, whether at brick-and-mortar stores or in card not present including online and through mobile devices. With data-driven solutions like Vantiv iQ, Columbia Bank's clients will have access to a robust, web-based reporting tool that gives business owners actionable insights to run their companies more efficiently and effectively.
"Working with Columbia Bank to expand their payment solution offerings is an important partnership for Vantiv," said Kelly Beatty, Senior Vice President of merchant solutions for financial institutions at Vantiv. "Columbia Bank is recognized for their commitment to providing highly personalized service and innovative payment solutions to its customers and communities, and our services and solutions will take that effort even further."
Vantiv, which works with financial institutions of all sizes, provides merchant services at nearly 5,000 banking branches throughout the United States.
To learn more about Columbia Bank, visit https://www.columbiabank.com. To learn more about Vantiv's Merchant Services program, visit https://www.vantiv.com/merchant-services.
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 now the largest merchant acquirer and 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, B2B payments, and merchant bank. Visit us at www.vantiv.com, or follow us on Twitter, Facebook, LinkedIn, Google+ and YouTube.
© 2017 Vantiv, LLC. All Rights Reserved. All trademarks, service marks and trade names referenced herein are the property of their respective owners. Vantiv and other Vantiv products and services mentioned herein as well as their respective logos are registered trademarks or trademarks of Vantiv, LLC in the U.S. and other countries.
Leader, Corporate Communications
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SOURCE Vantiv, Inc.