Digital Payments Fintech News

Advantage Payment Services and The Bancorp Announce Strategic Partnership

Advantage Payment Services and The Bancorp Announce Strategic Partnership

Advantage Payment Services (APS), the leader in financial data management for top FinTech payments organizations, announced it has entered into a strategic partnership with The Bancorp Bank, a wholly owned subsidiary of The Bancorp, Inc. 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.

“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.”

“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.”

Latest Fintech News: MainStreet Bank Named Outstanding Large Business by Dulles Regional Chamber of Commerce

The 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.

“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.”

Latest Fintech News: Verint Announces Compliance Recording for Zoom, Streamlining Compliance Review and Analysis

Through 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 services, the company continuously ranks as a top issuer of debit and prepaid cards in the country. By promoting the APS Dispute Advantage Platform, The Bancorp’s program management partners are well-positioned to use the industry’s most innovative technology to enhance dispute management processes.

APS is privately held by members of the Campbell family of Fargo, North Dakota. The Campbells have a history of building and growing financial services support companies. Their first venture, Advantage Credit Bureau was formed in 1992 and remains a thriving business today. Beyond dispute services, APS also offers solutions for the detection, prevention and management of fraud; secure, cloud-based document management; identification and address verification services; and analytic reporting tools.

Latest Fintech News: Centime Launches Comprehensive Cash Flow Control Solution for Small and Mid-Sized Businesses

[To share your insights with us, please write to sghosh@martechseries.com]

Related posts

Revere Payments Is Relocating to Palm Beach Gardens, FL

Business Wire

Shaping The Future Of FinTech: Swapin’s Mission To Bridge Crypto & Banks

GlobeNewswire

Mphasis and QEDIT Partner to Offer Privacy-Enhancing Technology Solutions on Blockchain to Enterprises

Fintech News Desk
1