Business
Advantage Payment Services and The Bancorp Announce Strategic Partnership to Improve Dispute Management Technology
FARGO, N.D.--(BUSINESS WIRE)-- Advantage Payment Services (APS), the leader in financial data management for top FinTech payments organizations, today
About this update from The Bancorp, Inc.
[{"type":"text","content":" FARGO, N.D.--(BUSINESS WIRE)--\nAdvantage Payment Services (APS), the leader in financial data management for top FinTech payments organizations, today announced it has entered into a strategic partnership with The Bancorp Bank, a wholly owned subsidiary of The Bancorp, Inc. (NASDAQ: TBBK). Through this partnership, The Bancorp will promote the utilization of the next generation of APS solutions to provide the standard for regulatory compliant dispute case management through the APS Dispute Advantage Platform.\n\n“We’ve spent two decades developing and perfecting the technology that gives banks the critical visibility and control over any program they authorize,” said Dave Campbell, President at APS. “The Bancorp continually strives for excellence and is a recognized leader in FinTech and payments. We are excited to further our relationship with an organization that embraces the ever-changing regulatory landscape. This relationship with The Bancorp will help us further deliver best-in-class solutions for the industry at large.”\n\nThe APS Dispute Advantage Platform is a scalable, configurable, regulatory compliant workflow solution that offers consistent real-time visibility to critical data provided. This next generation of automation leverages Artificial Intelligence and Machine Learning to further increase productivity and empower real-time risk management decisioning. As the leader in enterprise dispute management for the largest issuers in the United States, APS uses a consultative approach to assist partners in navigating a complex technical and regulatory landscape, while its agile development method supports greater speed to market.\n\n“We’ve long been impressed with APS’ development approach and its ability to create flexible, scalable solutions that tackle complex and dynamic needs for regulatory compliance,” said Ryan Harris, Executive Vice President at The Bancorp. “This partnership will provide our current and future partners an efficient and effective way to maintain and demonstrate regulatory compliance at scale as the payments ecosystem rapidly evolves.”\n\nThrough its FinTech Solutions business, The Bancorp offers tailor-made banking services to fit the unique needs of its clients and partners powered by cutting-edge technology. With a robust technical infrastructure and established track record in financial se...