WILMINGTON, Del.--(BUSINESS WIRE)--
The Bancorp (NASDAQ: TBBK) is pleased to announce that Matt Carberry
(Vice President, Business Development, Payment Acceptance), has joined
the Federal Reserve’s Faster Payments Task Force.
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Matt Carberry, Vice President, Business Development, Payment Acceptance, The Bancorp (Photo: Business Wire)
The Faster Payments Task Force will engage in advancing the work
outlined in “Strategies for Improving the U.S. Payments System,” which
was published by The Federal Reserve in January 2015. The Faster
Payments Task Force itself was launched in March 2015, and will identify
and evaluate alternative approaches for implementing safe, ubiquitous,
faster payment capabilities in the United States. The more-than-350
member committee met for the first time in June and will continue to
hold meetings through the rest of the year.
Faster Payments Task Force member Matt Carberry joined The Bancorp in
2008 and has been collaborating with and helping empower large-scale
payments aggregators in the bill payment, funds transfer, merchant
processing, payroll and fintech industries. His primary focus has been
leveraging existing infrastructures and building new systems to develop
greater efficiency of payments while improving risk mitigation. Matt is
a member of NACHA’s Council for Electronic Billing and Payments.
“It’s a great honor to be joining this important new Task Force,” said
Carberry. “We know that any new payments system has to benefit all
parties involved in order to have staying power; this new task force is
a tremendous opportunity for all of us involved to make the important
recommendations that will make our payment system fairer, faster and
safer.”
Gail Ball, Chief Operating Officer of The Bancorp, commented, “The
Federal Reserve’s Faster Payments Task Force promises to identify and
provide ways to implement safer and faster payment capabilities in the
United States. As a significant player in the payments arena, we have a
unique perspective that arises from interacting daily with consumers
making payments, businesses accepting payments, and the processors who
support them. We are proud to contribute to this new task force, and I
know that Matt Carberry, with his years of knowledge and experience,
will play a vital role in helping the task force best achieve its
expectations.”
About The Bancorp
With operations in the U.S. and Europe, The Bancorp (NASDAQ: TBBK) is
dedicated to setting a new standard in financial services and payments
innovation. The Bancorp specializes in providing private-label banking
and technology solutions for non-bank companies ranging from
entrepreneurial start-ups to those on the Fortune 500. The Bancorp Bank,
one of The Bancorp’s financial institutions, has been recognized as a
National Preferred SBA Lender, a top custodian of Health Savings
Accounts, a top ACH Originator, one of the nation’s largest credit card
transaction acquirers and is the leading issuer of prepaid cards. For
more information please visit www.thebancorp.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150715005090/en/
The Bancorp, Inc.
Andres Viroslav, 215-861-7990
aviroslav@thebancorp.com
Source: The Bancorp, Inc.