The Direct Express card allows recipients without bank accounts to receive Social Security and federal benefits electronically, providing a secure and efficient payment method.

Fifth Third Bank said it has entered an agreement with the U.S. Department of the Treasury's Bureau of the Fiscal Service to manage its Direct Express prepaid debit card program.

The Social Security Administration (SSA) will no longer issue paper checks for benefit payments beginning Sept. 30, 2025. "This change is part of a broader government-wide initiative to modernize ...

The U.S. Treasury Department's Bureau of the Fiscal Service has designated Fifth Third Bank as the new financial agent for ...

The Social Security Administration said it will no longer issue paper checks for benefit payments starting Sept. 30, 2025. Recipients have until Sept. 30 to enroll in either direct deposit or use the ...

The CFPB seeks to stop these practices, secure refunds for customers, and impose penalties to fund victim relief. Direct Express provides federal benefits through prepaid debit cards, often used by ...

Direct Express debit card customers could be looking at a small pay day, after a recent class action settlement was given the green light. Plaintiffs in the case accused the bank of mishandling fraud ...

Starting September 30, the social security administration (SSA) will end routine paper check disbursements for benefits, completing a nationwide transition to fully electronic payments. This change is ...

NEW YORK, Nov. 21, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, has been selected by the U.S. Department of the Treasury's ...

PORTLAND, Oregon — Social Security and veteran disability benefits are a lifeline for 72-year-old Milton Zimmer. The federal funds are his primary source of income, helping the Salem man pay for food, ...

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 (Fiscal Service) as the new ...