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Vantiv, Inc. expanded its relationship with Discover Financial Services to support PayPal In-Store checkout at Vantiv's brick-and-mortar merchants using the Discover Payment Services infrastructure. This agreement builds on Vantiv's relationship with Discover that spans across many facets of its financial institution and merchant services businesses, including the company's role as strategic partner for the processing and servicing of Discover's national merchant portfolio. Vantiv and Discover will work together to open the doors of their respective brick-and-mortar merchants to PayPal's 50 million-plus active U.S. account holders and their seamless digital wallet beginning in the second quarter of 2013. "We are pleased to expand our relationship with Discover. This is a win-win for both companies; it demonstrates Vantiv's unique position to support new entrants through our single processing platform, and Discover's unique position to support real change and innovation within the industry," says Charles Drucker, CEO of Vantiv. http://www.vantiv.com/About-Us/Press-Releases/Vantiv-Expands-Strategic-Relationship-with-Discover-to-Support-PayPal-In-Store-Checkout [This article was posted on October 9, 2012, on the website of ABA Banking Journal, www.ababj.com.] Set as favorite Bookmark
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- Leverage strategies: Is now the right time? (April 23, 2009)
- Current economy promises new risks in commercial bankruptcy filings (April 14, 2009)
- SVB prefers outsourced investment reporting (April 15, 2009)
- You can fight proposed enforcement actions (April 8, 2009)
- Bankers to Washington: Are we lending or not? (April 3, 2009)
- The seven worst performing retail industries in 2008
- Four letters that need better explaining (April 9, 2009)
- Bair calls for end to too big to fail (April 3, 2009)
- 5% solution for securitization? (April 3, 2009)
- Everyone is a risk professional
- Liquidity challenge (March 24, 2009)
- Dealing with your CRE portfolio (March 23, 2009)
- What to expect in CRE exams
- How not to defend yourself when examiners attack
- D&O coverage tougher to get (March 20, 2009)
- The return of lender liability (March 13, 2009)
- Memo to CEOs: Who's going to fill your shoes? (March 13, 2009)
- Bankers sound off on FDIC's emergency assessment (March 6, 2009)
- Burning Billions (March 6, 2009)
- The Third Annual "Books Bankers Live By"
- Four misconceptions that hurt banks (February 27, 2009)
- Bank "podcasts" a message of strength (February 26, 2009)
- Fed Governor Duke urges banks to handle surge of unavoidable foreclosures (February 20, 2009)
- Watch out for cracks in your audit coverage (February 10, 2009)
- How will your bank get loans to Main Street in 2009? (January 16, 2009)
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