News

Advantage Payment Services and The Bancorp Announce Strategic Partnership to Improve Dispute Management Technology

FARGO, N.D. – April 12, 2022 – Advantage 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.

“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.”

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.”

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. 

About Advantage Payment Services

Advantage Payment Services is the leader in financial data management for banking, payment and FinTech brands. APS built an agile, high trust, cloud-based platform that integrates identity verification, dispute, fraud, and document management seamlessly into existing business processes, so clients can maintain these critical functions as they grow. Learn more about our Advantage Solutions: http://www.advantagepaymentservices.com/.  

About The Bancorp

The Bancorp, Inc. (NASDAQ: TBBK), headquartered in Wilmington, Delaware, through its subsidiary, The Bancorp Bank, provides non-bank financial companies with the people, processes, and technology to meet their unique banking needs. Through its FinTech Solutions, Institutional Banking, Commercial Lending, and Real Estate Bridge Lending businesses, The Bancorp provides partner-focused solutions paired with cutting-edge technology for companies that range from entrepreneurial startups to Fortune 500 companies. With over 20 years of experience, The Bancorp has become a leader in the financial services industry, earning recognition as the #1 issuer of prepaid cards in the U.S., a nationwide provider of bridge financing for real estate capital improvement plans, an SBA National Preferred Lender, a leading provider of securities-backed lines of credit, with one of the few bank-owned commercial vehicle leasing groups. By its company-wide commitment to excellence, The Bancorp has also been ranked as one of the 100 Fastest-Growing Companies by Fortune, a Top 50 Employer by Equal Opportunity Magazine, and was selected to be included in the S&P Small Cap 600. For more about The Bancorp, visit https://thebancorp.com/.

MetaBank Makes Strategic Investment in Advantage Payment Services

APS enters into strategic partnership to expand technology solutions

FARGO, N.D. – March 31, 2022 – Advantage Payment Services (APS), the leader in financial data management for top FinTech payments organizations, has received a strategic investment from MetaBank®, N.A. This leading issuer is investing in the development of the next-generation of APS solutions that will up-level the industry standard for regulatory compliant dispute case management.

APS is the leader in enterprise dispute management for the largest payment processing issuing banks and fintechs. Their consultative approach assists clients in navigating a complex technical and regulatory landscape, while its agile development method supports greater speed to market.

The APS Dispute Advantage platform is a scalable, configurable, regulatory compliant workflow solution. The next generation of automation leverages Artificial Intelligence and Machine Learning to further increase productivity and empower real-time risk management decisioning.

“MetaBank is a leader in payments and fintech because it has continually embraced the changing competitive and regulatory landscape,” said Dave Campbell, President at APS. “We’ve spent two decades developing and perfecting the technology that gives banks the critical visibility and control over any program they authorize. We’re excited to further our relationship with this industry leader to deliver the best possible solutions for the industry at large.”

MetaBank, a subsidiary of Meta Financial Group, Inc.®, has a mission of financial inclusion for all® and strives to increase financial availability, choice and opportunity. Meta has years of experience serving niche markets and operates in four primary business lines including Payments, Tax Services, Commercial Finance and Consumer Lending.

“APS integrates key identity verification, compliance and reporting capabilities seamlessly into our existing business processes,” said MetaBank President, Anthony Sharett. “Creating this collaborative environment allows us to further their ability to very quickly develop and deploy technology that addresses the evolving compliance and reporting demands in payments and fintech.”

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.

About Advantage Payment Services
Advantage Payment Services is the leader in financial data management for banking, payment and fintech brands. APS built an agile, high trust, cloud-based platform that integrates identity verification, dispute, fraud, and document management seamlessly into existing business processes, so clients can maintain these critical functions as they grow. Learn more about our Advantage Solutions: http://www.advantagepaymentservices.com/.

About MetaBank®
MetaBank®, N.A., a national bank, is a subsidiary of Meta Financial Group, Inc.® (Nasdaq: CASH), a South Dakota-based financial holding company. MetaBank’s mission is financial inclusion for all®. MetaBank strives to remove barriers to financial access and promote economic mobility by working with third parties to provide responsible, secure, high quality financial products that contribute to the social and economic benefit of communities at the core of the real economy. MetaBank works to increase financial availability, choice, and opportunity for all. Additional information can be found by visiting www.metabank.com.

MetaBank Media Relations Contact
mediarelations@metabank.com