Federal benefit recipients will soon be required to choose between Direct Deposit and the Direct Express debit card as traditional paper checks begin to phase out. A deadline set by the U.S.

Give Your Take: How Much Will You Spend Over the Holidays Relative to Last Year? How Does the Direct Express® Card Work? When you sign up for the Direct Express® card program, monthly payments are ...

New Social Security beneficiaries who opt to participate in the Direct Express program will receive a debit card through ...

The Bank of New York Mellon Corporation (BK) announced it has been selected by the U.S. Department of the Treasury’s Bureau of the Fiscal Service as the financial agent for the Direct Express prepaid ...

CINCINNATI--(BUSINESS WIRE)-- Fifth Third Bank, National Association, (Nasdaq: FITB) today announced it has been designated by the U.S. Department of the Treasury’s Bureau of the Fiscal Service ...

A payment change is coming for millions of federal benefit recipients, but the biggest takeaway is what will stay the ...

The Treasury Department has named Bank of New York Mellon to take over the lucrative contract previously held by Comerica Bank to operate the Direct Express debit card program serving government ...

Bank of New York is poised to win a contract to manage the Treasury Department's Direct Express debit card program for disbursing federal benefits, according to sources. The contract had been managed ...