Bureau Of The Fiscal Service news and trends

US Treasury: AI Helped Recover and Prevent $4 Billion-Plus in Fraud
artificial intelligence // October 17, 2024

The U.S. Treasury Department said artificial intelligence (AI) has helped fuel a fraud/improper payments recovery. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Financial Institutions and Service Providers Welcome Launch of FedNow
Real-Time Payments // July 20, 2023

Financial institutions and payment service providers hit the ground running when the Federal Reserve launched the FedNow Service on Thursday (July 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

Treasury Department Aims to Limit Federal Agencies’ Use of Checks
Digital Payments // January 09, 2023

A federal agency is proposing more limits to the government’s use of paper checks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Quick Reads
US Treasury Selects BNY as Financial Agent for Direct Express Program

November 21, 2024
The Bank of New York Mellon (BNY) will serve as the financial agent for the Direct Express program, which provides 3.4 million Americans with a prepaid debit card to receive monthly federal benefits. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no […]

US Treasury: AI Helped Recover and Prevent $4 Billion-Plus in Fraud

October 17, 2024
The U.S. Treasury Department said artificial intelligence (AI) has helped fuel a fraud/improper payments recovery. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Financial Institutions and Service Providers Welcome Launch of FedNow

July 20, 2023
Financial institutions and payment service providers hit the ground running when the Federal Reserve launched the FedNow Service on Thursday (July 20). Get the Full Story Complete the form to unlock this article and...

Treasury Department Aims to Limit Federal Agencies’ Use of Checks

January 09, 2023
A federal agency is proposing more limits to the government’s use of paper checks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...