MetaBank Makes Strategic Investment in Advantage Payment Services
March 31 2022 - 8:30AM
Business Wire
APS enters into strategic partnership to expand
technology solutions
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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220331005265/en/
MEDIA CONTACT: Lindsey Abshire 337-772-8357
lindsey@fletchergroupllc.com
MetaBank Media Relations Contact
mediarelations@metabank.com
Pathward Financial (NASDAQ:CASH)
Historical Stock Chart
From May 2024 to Jun 2024
Pathward Financial (NASDAQ:CASH)
Historical Stock Chart
From Jun 2023 to Jun 2024