WILMINGTON, Del.--(BUSINESS WIRE)--
The Bancorp (NASDAQ:TBBK) is pleased to announce the launch of Pivot:
All the Right Moves in HSA Management™ an innovative web-based portal
that delivers a new level of ease, flexibility and efficiency to
company-sponsored Health Savings Account (HSA) programs.
According to Jill Kelly, senior vice president of Health Benefit Banking
services at The Bancorp, “The Bancorp’s new portal offers unmatched
flexibility, ease of use and distinct features that set a new standard
for the industry by greatly reducing the administrative burdens common
to HSA programs while providing valuable insights about plan usage and
trends.”
The tool uniquely meets that need by combining HSA enrollment, funding
and comprehensive reporting into a single portal accessed by a single
user ID and can be used to manage a single HSA group or multiple groups
of any size. Among its specialized features is an interactive dashboard
that displays account status, average balances, contribution history and
other pertinent data. And because the portal is mobile friendly, the
site is easily accessible from a mobile device to manage rosters and
make deposits--anytime, anywhere.
“Pivot is a portal to the future of HSA plan management," said Frank
Mastrangelo, Chief Executive Officer. “The Bancorp is pleased to be a
leader in bringing this premier solution to employers and benefits
managers, alike.”
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.

The Bancorp, Inc.
Andres Viroslav, 215-861-7990
aviroslav@thebancorp.com
Source: The Bancorp, Inc.