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Vantiv signs merchant services agreement with MUFG Union Bank

Thursday, October 30, 2014 — 11:46:50 (EDT)

Cincinnati, Oct. 30, 2014 - 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."

For more information about Vantiv, please visit vantiv.com or on Twitter, Facebook, LinkedIn, Google+ and YouTube.

About MUFG Union Bank, N.A.

MUFG Union Bank, N.A., is a full-service bank with offices across the United States. We provide a wide spectrum of corporate, commercial, retail banking and wealth management solutions to meet the needs of customers. The bank also offers an extensive portfolio of value-added solutions for customers, including investment banking, personal trust, capital markets, global treasury management, transaction banking and other services. With assets of $110.9 billion (USD), as of September 30, 2014, the bank has strong capital reserves, credit ratings and capital ratios relative to peer banks. MUFG Union Bank is a proud member of the Mitsubishi UFJ Financial Group (NYSE: MTU), one of the world's largest financial organizations with total assets of approximately ¥259 trillion (JPY) or $2.5 trillion (USD)1, as of June 30, 2014. MUFG Americas Holdings Corporation, the financial holding company and MUFG Union Bank, N.A. have corporate headquarters in New York City.

1 Exchange rate of USD=¥101.36 (J-GAAP) as of June 30, 2014

About Vantiv, Inc.

Vantiv, Inc. (NYSE: VNTV) is a leading, integrated payment processor differentiated by a single, proprietary technology platform. Vantiv offers a comprehensive suite of traditional and innovative payment processing and technology solutions to merchants and financial institutions of all sizes in the U.S., 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 third 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 payment segments, such as integrated payments, payment facilitation (PayFacTM), mobile, prepaid and information solutions, and attractive industry verticals such as business-to-business, ecommerce, healthcare, gaming, government and education. For more information, visit www.vantiv.com .

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Source: Company press release. end of article

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