Source: Vantiv, Inc.
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 it has reached an agreement with MUFG Union Bank , N.A. to provide merchant services to their commercial & corporate relationships.
MUFG Union Bank provides an array of financial services to middle-market companies and major corporations, and the bank operates more than 400 branches across the United States, including in California, Washington, Oregon, Texas, Illinois, New York and Georgia.
"Vantiv is a market leader and has a strong track record of serving middle-market and corporate businesses," said Don Gilmore, managing director of transaction banking product management at MUFG Union Bank. "Adding Vantiv as a partner to our Commercial and Corporate banking business will add to the already extensive portfolio of working capital solutions the Bank offers to its customers. Together, we will create a powerful value proposition for winning together in the marketplace."
Current and future MUFG Union Bank customers will benefit from state-of-the-art products, value-added services, and exceptional customer service.
"We are pleased to partner with MUFG Union Bank to provide their commercial and corporate clients with merchant services," said Stephanie Ferris, senior vice president, financial institution services at Vantiv. "Serving MUFG Union Bank customers as a trusted advisor will help the bank both deepen existing and cultivate new relationships. Vantiv's commitment to innovation and customer service will help ensure MUFG Union Bank's commercial and corporate customers receive the right solutions at the right time in their growth cycle."