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.

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 ...

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 ...

The U.S. Treasury Department's Bureau of the Fiscal Service has designated Fifth Third Bank (NASDAQ:FITB) as the new financial agent for the Direct Express prepaid debit card program, in a five-year ...

The U.S. government is transitioning to electronic payments for Social Security and federal benefits, leaving many wondering how to adapt. If you don't have a bank account, the Direct Express card ...

Beginning Sept. 30, the Social Security Administration (SSA) will stop sending paper checks to recipients. For those who don't have a checking account and need time, the SSA says there will be ...