The Bancorp Introduces Innovative Tool for HSA Management
May 13 2015 - 09:12AM
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,
215-861-7990aviroslav@thebancorp.com
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