As a pioneer in academia and in the financial services world, Betsy Cohen, one of the first female law professors on the East Coast, an accomplished banker and an active patron of the Philadelphia cultural scene, has never been one to take things slowly. Her latest venture is no exception.Founded in 2000 as a fairly typical commercial bank — if you can call a bank founded and run by a woman typical — The Bancorp Inc. has spent the past five years moving away from the standard model of banking as fast as possible.

Instead of relying on the thin margins to be made in the traditional business of taking deposits and making loans, The Bancorp is mainly in the business of offering private-label banking services and prepaid cards to nonbank companies, which in turn are then able to offer bank-like services to their customers.

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