WILMINGTON, Del.--(BUSINESS WIRE)--
The Bancorp (NASDAQ: TBBK) is pleased to announce that Tony Meholic
(Senior Vice President, Chief Security Officer, Risk Division), has been
elected to the Steering Committee of the Federal Reserve’s Secure
Payments Task Force.
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Tony Meholic, Senior Vice President, Chief Security Officer, Risk Division, The Bancorp (Photo: Business Wire)
The Secure Payments Task Force (https://fedpaymentsimprovement.org/get-involved/secure-payments-task-force/)
will engage in advancing the work outlined in “Strategies for Improving
the U.S. Payments System,” which The Federal Reserve published in
January 2015. The Secure Payments Task Force itself was launched in
March 2015, and will advise the Federal Reserve on payment security
matters, consult on security aspects of the work of the Faster Payments
Task Force (another new task force), and help determine the priorities
for future action to advance payment system safety, security and
resiliency. The task force’s inaugural meeting took place on June 4,
2015; the second meeting takes place in July, at which time the
17-member Steering Committee will be formally introduced.
The Steering Committee, on which Tony Meholic will sit, has been
designed to advise the Task Force Chair on meeting agendas and will
assist in prioritizing the various payments security analysis work. The
Committee will also assist in determining the scope of Secure Payments
Task Force work groups, synthesizing task force perspectives and
determining items in need of full task force deliberation. The Steering
Committee consists of Secure Payments Task Force members, who have been
elected by participants associated with a particular stakeholder
category. The Committee members reflect a balanced representation of all
stakeholder categories as defined by the Chair.
New Steering Committee member Tony Meholic joined The Bancorp in 2012,
bringing with him over 25 years of both national and international
Information Technology experience. He has been responsible for the
creation and implementation of numerous information security programs
and has closely worked on encryption key management, security reviews,
risk assessments and security testing for financial institutions. Tony
is also a regular speaker at international information security
conferences as well as a frequent trainer for a variety of federal
agencies. “I’m honored to have been elected to the Steering Committee
and look forward to providing insight, guidance and options for ensuring
data security in the payment solutions space,”says Meholic. “It’s a
daunting challenge but one that I find quite compelling.”
Gail Ball, Chief Operating Officer of The Bancorp, commented, “As a
significant player in the payments arena, The Bancorp is honored to be
playing such a vital role in one of the most important payment industry
engagement initiatives of the Federal Reserve. Tony Meholic has the
extensive knowledge and years of hands-on experience that will make him
an key player on the Steering Committee of the Secure Payments Task
Force, helping to improve - and make safer - the nation’s payment
systems.”
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/20150714006139/en/
The Bancorp, Inc.
Andres Viroslav, 215-861-7990
aviroslav@thebancorp.com
Source: The Bancorp, Inc.