Capital One Bank has signed a long-term deal with Vantiv, a provider of payment related technology solutions, to provide its full suite of payment solutions to the bank’s new and existing merchant services customers located throughout the US.
The deal will give the bank’s merchant services clients access to Vantiv’s payment solutions and services, as well as advanced security products and reporting tools, along with Capital One’s treasury management and ACH transaction services.
Go deeper with GlobalData
Capital One Bank head of treasury management and enterprise payments Colleen Taylor said: "By partnering with Vantiv, our clients will now benefit from Vantiv’s industry-leading payment tools and services, which are designed to help them focus on what they do best running and growing their businesses."
Vantiv senior vice president and general manager of merchant services for financial institutions Stephanie Ferris said: "Vantiv has been processing payments for more than forty years, and we look forward to a seamless transition for Capital One’s customers, as we become the provider of next generation payment solutions for their merchant services clients."
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
