Tony Meholic of The Bancorp elected to Steering Committee of the Federal Reserve Secure Payments Task Force
July 14 2015 - 10:30AM
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.
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version on businesswire.com: http://www.businesswire.com/news/home/20150714006139/en/
The Bancorp, Inc. Andres Viroslav,
215-861-7990aviroslav@thebancorp.com
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