CINCINNATI, Oct. 25, 2016 /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 First Hawaiian Bank, a subsidiary of First Hawaiian, Inc. (NASDAQ: FHB), has selected Vantiv as its merchant services solution provider. First Hawaiian Bank, Hawaii's oldest and largest financial institution with total assets of $19.1 billion, was founded in 1858 and operates 62 branches throughout Hawaii, Guam and Saipan.
"As an organization, we are dedicated to helping our communities thrive, which means providing outstanding service and tools to help our business customers grow," said Alyssa Hostelley, vice president and division manager, Business Services Division at First Hawaiian Bank. "Our partnership with Vantiv means our customers can focus on their strengths and have a resource to provide technology and expertise to simplify the payment ecosystem."
Merchant services programs provide the ability for local businesses to accept various forms of payments such as debit cards, credit cards and electronic payments like Apple Pay, across platforms including physical locations, online and mobile devices. With access to Vantiv's merchant services solutions and educational tools, First Hawaiian and its customers are now aligned with a provider that enables growth and enhanced security.
"When it comes to payments, businesses need a truly consultative partner to help them through the complex changes facing our industry today," said Kelly Beatty, senior vice president and general manager, Merchant Services for Financial Institutions at Vantiv. "Through this partnership, First Hawaiian's business customers will have the tools to grow and protect their businesses with robust products and a wide range of solutions."
ABOUT FIRST HAWAIIAN INC.
First Hawaiian, Inc. (NASDAQ: FHB) is a bank holding company headquartered in Honolulu, Hawaii. Its principal subsidiary, First Hawaiian Bank, founded in 1858 under the name Bishop & Company, is Hawaii's oldest and largest financial institution with branch locations throughout Hawaii, Guam and Saipan. The company offers a comprehensive suite of banking services to consumer and commercial customers including deposit products, loans, wealth management, insurance, trust, retirement planning, credit card and merchant processing services. Customers may also access their accounts through ATMs, online and mobile banking channels. For more information about First Hawaiian, Inc., visit www.FHB.com
ABOUT VANTIV, INC.
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 the second largest merchant acquirer and the largest 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, and merchant bank. Visit us at the new www.vantiv.com, or follow us on Twitter, Facebook, LinkedIn, Google+ and YouTube.
© 2016 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.
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SOURCE Vantiv, Inc.