Success Stories

With so many great retailing opportunities at hand, the LaRosa's marketing group felt that switching to a secure gift card program was a much better opportunity than their existing gift certificate program. So the switch was made and they never looked back. See how LaRosa's Gift Card sales quadrupled.

Data theft continues to be a constant threat to electronic commerce. And the repercussions of a data compromise can be staggering. Mandatory independent forensic audits, potential fines from the card associations, not to mention damage to your reputation, brand, and consumer confidence. It’s important to understand just how devastating a breach could be to your business. Take a look at how some merchants have been affected by data compromise.

Vantiv has given AAFCU the ability to improve its card processing efficiency, refine risk management policies, bolster fraud protection and reduce costs of fraud disputes. As a result of real-time fraud monitoring tools, AAFCU has enhanced the overall cardholder experience and reduced the risk of fraud.

With nearly 7% penetration and more than $3 million in balances generated in the first two years, CECU continues to gain an average of 20 to 25 new card accounts each month - largely driven by Vantiv’s easy-to-use card marketing promotions.

Since implementing the changes recommended by its relationship manager, CFCU’s card portfolio has far exceeded expectations. The credit union increased card usage and generated more than $21,000 in interchange income.

By restructuring the card portfolio, Community Resource’s card balances grew by 21% within 12 months, to $6.4 million. Net income and return on assets performance surpassed the full-year 2010 goals in the first six months.

Complex Community more than tripled their target goal of 120, adding more than 350 new card accounts in that three month period. They continue to add new accounts at a fast pace.

By consolidating card production and processing, EVB more efficiently handles special card requests and rush deliveries. Having Vantiv handle EVB’s card production and processing services, means EVB can do focus on customers.

Golden Plains added 446 new cardholders with an average transfer of $4,000. It also increased balances to $5.6 million, a 40% increase over the previous year.

Vantiv helped Red River revamp its fee structure generating additional income without deterring card usage. By putting the right fees in place, such as a cash advance fee, Red River increased its fee income more than 145% within 12 months.