The Treasury Department has designated Fifth Third as the financial agent for its Direct Express prepaid card program. The decision marks a reversal from late last year, when BNY Mellon reached a five ...

Federal benefit recipients will soon be required to choose between Direct Deposit and the Direct Express debit card as ...

If you're used to receiving paper Social Security checks, you may not be thrilled with the change to a Direct Express Card, ...

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

The Cincinnati-based lender has been named the bank partner for the prepaid card program. The bank also disclosed “alleged ...

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 Social Security Administration (SSA) will transition to electronic-only payments by Sept. 30, 2025. The SSA encourages recipients to switch to direct deposit or the Direct Express card. The move ...

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 ...