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 ...

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

The end of paper checks for Social Security benefits is approaching, driven by a federal law requiring electronic payments. This change aims to modernize the payment system, making it more secure and ...

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 ...