Transcript Title of Presentation

Giving Them Credit:
How Vantiv Is Using Decision Management to Grow Its Acquiring
Business Through Automation
Don Griest
Sr. Director, Product Management
FICO
Ravi Shah
SVP - Enterprise Architecture and Strategy
Vantiv
© 2014 Fair Isaac Corporation. Confidential.
This presentation is provided for the recipient only and cannot be reproduced or shared without Fair Isaac Corporation’s express consent.
Learn how FICO partnered with
Vantiv to quickly modernize their
customer and partner underwriting
and merchant on-boarding platforms
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© 2014 Fair Isaac Corporation. Confidential.
Agenda
► Introduction
to Vantiv
► Challenges
in customer onboarding systems
► Why
FICO?
► Agile
approach to delivering solution
► Solution
overview
► Solution
results and benefits
► Looking
ahead
►Q
3
&A
© 2014 Fair Isaac Corporation. Confidential.
About Vantiv
#1
40
IN U.S.A
IN U.S.A.
YEARS
PIN Debit
Acquirer*
Merchant
Transaction
Acquirer
Payment
Processing
Innovation
*As ranked by Nilson for general
purpose transaction volume (March
2013).
16.9
B I L L I O N
Transactions
PER YEAR
4
#2
© 2014 Fair Isaac Corporation. Confidential.
+
400
THOUSAND
Merchant
Locations
+
1400
Financial
Institutions
Our History
 40 years of payment processing experience
 Business unit of Fifth Third Bank until June 2009
 Created separate stand-alone company to invest in growth opportunities
 Invested to transform the business post separation
 Executed six acquisitions
 IPO in March 2012
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© 2014 Fair Isaac Corporation. Confidential.
1
Pro forma for the NPC acquisition; please see reconciliation in appendix
Vantiv Customer On-boarding Systems
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© 2014 Fair Isaac Corporation. Confidential.
Challenge
Automate Faster and More Informed Underwriting Decisions
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© 2014 Fair Isaac Corporation. Confidential.
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© 2014 Fair Isaac Corporation. Confidential.
Why Did Vantiv Partner With FICO?
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© 2014 Fair Isaac Corporation. Confidential.
Agile Solution Approach
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© 2014 Fair Isaac Corporation. Confidential.
Vantiv Merchant On-boarding Solution
Custom Solution Using FICO® Decision Management Suite
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© 2014 Fair Isaac Corporation. Confidential.
Solution Results
Key Benefits
► Faster
► Cost
on-boarding of new merchants
avoidance / cost reduction
► Revenue
protection
► Flexibility
to dynamically manage strategies
 Faster time to value
 Lower cost of operations
 Reduced fraud losses
 Reduced portfolio risk
 Greater business control
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© 2014 Fair Isaac Corporation. Confidential.
Looking Ahead
► Productize
underwriting as a service to
Vantiv partners
► Leverage
new interfaces and better
decisioning capabilities
► Extend
approach to additional processes
and lines of business
► Extending
12
to Risk Management services
© 2014 Fair Isaac Corporation. Confidential.
Learn More at FICO World
Related Sessions
►Time is Money: How to accelerate Analytic Application ROI – 1:45pm Weds (same room)
►Product Showcase: Revolution in Customer Engagement – 5pm Weds (Nautilus 2)
Products in Solution Center
►FICO® Decision Management Platform
►FICO® Visual Insights Studio
►FICO® Application Studio
►FICO® Origination Manager
Experts at FICO World
►Fernando Donati Jorge, Decision Management
►David Ross, Decision Management
White Papers Online
►Decision Management for the Masses
►Delivering Customer Value Faster With Big Data Analytics
Community and Blogs
►www. https://community.fico.com
►www.fico.com/blog
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© 2014 Fair Isaac Corporation. Confidential.
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Online
Don Griest
[email protected]
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© 2014 Fair Isaac Corporation. Confidential.
Ravi Shah
[email protected]