Exclusive Interviews Feature Julie Conroy, Dan Rosen, Render Dahiya and Charles Crawford

The Bancorp, Inc. (NASDAQ: TBBK), today announces the release of its next Finetics™ Studio interview series: “The Impact of EMV on Fraud” featuring Julie Conroy, Research Director, Aite Group; Dan Rosen, Founder and General Partner, Commerce Ventures; Render Dahiya, CEO, Arroweye Solutions; and Charles Crawford, Senior Vice President, Payment Acceptance, The Bancorp.

Filmed from the Money20/20 show floor, the videos highlight exclusive conversations with some of the industry’s most influential players about the evolution of fraud in payments, including the impact of EMV in the U.S., as well as key trends to watch out for in 2016.

“We did a study and only 16 percent of merchants had planned any formal training on EMV for their frontline staff, so we’ve had a little bit of early pain with regards to the liability shift,” said Conroy. “I even spoke with merchants that were planning to turn EMV off during the holidays, because they were worried about long lines and confusion. So, they were actually willing to absorb more fraud rather than inconvenience their customers with EMV.”

“I think there is still a lot of work to do on fraud,” added Dahiya. “And our research shows similar deficiencies in EMV preparation, with more than 70 percent of cardholders receiving no information about EMV from their card issuer in 2015. EMV puts a stop gap measure in terms of swipe fraud, but increased card-not-present fraud will drive more card reissuance going forward, creating a new challenge for issuers and cardholders.”

“It’s a very interesting time for e-commerce because mobile commerce is becoming more and more prevalent and your chance of fraud is twice as likely on a mobile transaction as any other transaction,” explained Crawford. “So if the increase we saw in online fraud in Europe and Canada takes place in the U.S., which I think is very likely, then those merchants are going to have to be all the more careful and new techniques will have to be built to make it safer for mobile and e-commerce in general.”

The release of these four videos supports The Bancorp’s Finetics™ Studio video series, which features one-on-one conversations with more than 30 of the financial services industry’s most influential and innovative executives, launched late last year.

The interviews, conducted by Sarah Gill, senior reporter with PaymentEye, cover topics ranging from the future of payments innovation to financial inclusion and the customer experience to prepaid and will be released on The Bancorp’s fineticsblog.com throughout early 2016.

Finetics™ Studio participants include the following executives:

  • Rene Lacerte, CEO and Founder, Bill.com
  • Talbott Roche, President, Blackhawk Network
  • Ben Katz, CEO and Founder, Card.com
  • Robert Carr, Founder, Chairman and CEO, Heartland Payment Systems
  • Brent Warrington, CEO, Hyperwallet
  • Lars Sandtorv, CEO, MeaWallet
  • Hamed Shahbazi, CEO, TIO Networks
  • Stefan Happ, Executive Vice President and General Manager, Global Emerging Payments, American Express
  • Janet O. Estep, CEO, NACHA—The Electronic Payments Association
  • Brad Fauss, President and CEO, Network Branded Prepaid Card Association
  • Tony Craddock, Director General, Emerging Payments Association
  • Cherian Abraham, Mobile Payments & Commerce, Experian Plc.
  • Dan Rosen, Founder and General Partner, Commerce Ventures
  • Suresh Vaghjiani, Executive Vice President, Global Processing Services (GPS)
  • Barrie VanBrackle, Partner and Payments Specialist, Manatt, Phelps and Phillips
  • Marilyn Bochicchio, CEO and Founder, Hidden Brain
  • Chris Byrd, Executive Vice President–Healthcare Operations Officer, Evolution1
  • Rahul Gupta, Group President, Billing and Payments, Fiserv
  • Julie Conroy, Research Director, Aite Group
  • Peter Read, President, Peoples Card Services
  • Kenneth M. Goins, Jr., CEO and Board Member, Brightwell Payments
  • Render Dahiya, CEO, Arroweye Solutions
  • Sean Rodriguez, Faster Payments Strategy Leader and Senior Vice President, Federal Reserve System
  • Steve Kirsch, CEO, Token
  • Ryan Caldwell, Founder and CEO, MX
  • Anil Aggarwal, Founder and Chairman, Money20/20
  • Pat Patel, Content Director, Money20/20 Europe
  • Pawneet Abramowski, Senior Vice President, Director AML & Sanctions Risk Management, The Bancorp
  • Jeremy Kuiper, Managing Director, Payment Solutions, The Bancorp
  • Frank Mastrangelo, Technologist in Residence, The Bancorp
  • Matt Carberry, Vice President Business Development, Payments, The Bancorp
  • Gail Ball, Executive Vice President and Chief Operating Officer, The Bancorp
  • Pete Chiccino, Executive Vice President and Chief Information Officer, The Bancorp
  • Kriya Patel, Managing Director, Payment Solutions, Europe, The Bancorp
  • Charles Crawford, Senior Vice President, Payment Acceptance, The Bancorp

About The Bancorp

With operations in the US and Europe, The Bancorp, Inc. (NASDAQ: TBBK) is dedicated to serving the unique needs of non-bank financial service companies, ranging from entrepreneurial start-ups to those on the Fortune 500. The company’s chief financial institution, The Bancorp Bank (Member FDIC, Equal Housing Lender), has been repeatedly recognized in the payments industry as the Top Issuer of Prepaid Cards (US), a top merchant sponsor bank, and a top ACH originator. Specialized lending distinctions include National Preferred SBA Lender, a leading provider of securities-backed lines of credit, and one of the few bank-owned commercial leasing groups in the nation. thebancorp.com.

The Bancorp Finetics™ StudioCommunications Strategy GroupSarah Nickell, 720-726-5454snickell@csg-pr.comorThe Bancorp, Inc. Investor RelationsThe BancorpAndres Viroslav, 215-861-7990aviroslav@thebancorp.com

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