On Nov. 21, the Treasury Department's Bureau of the Fiscal Service announced that the Bank of New York Mellon Corp. was selected as the new financial agent for the Direct Express program. The five ...

On Nov. 21, the Treasury Department's Bureau of the Fiscal Service announced that the Bank of New York Mellon Corp. was selected as the new financial agent for the Direct Express program. The five ...

The Direct Express program serves about 3.4 million Americans, most of whom do not have a bank account, the Treasury said. ... according to the Federal Deposit Insurance Corp.

Vaia allows governments and corporate users to send disaster relief, financial aid and employee payroll payments to consumers who are underbanked. The Direct Express program serves about 3.4 million ...

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 ...