Direct Express news and trends

CFPB Sues Comerica Bank Over Handling of Federal Benefits Program
CFPB // December 06, 2024

The Consumer Financial Protection Bureau (CFPB) sued Comerica Bank Friday (Dec. 6), alleging that the bank committed violations that include hanging up on customer service calls and charging illegal ATM fees. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

US Treasury Selects BNY as Financial Agent for Direct Express Program
Payment Methods // 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...

Warren Seeks Better Fraud Protection For Gov’t Prepaid Programs
Security & Fraud // January 11, 2019

Sen. Elizabeth Warren, D-Mass., has asked the Treasury Department to boost fraud protection in the Direct Express prepaid program after hundreds of federal benefits recipients were victims of fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Quick Reads
Report: CFPB Wants Time to Review Lawsuit Against Comerica Bank

March 03, 2025
The Consumer Financial Protection Bureau (CFPB) asked a federal judge Monday (March 3) to pause the enforcement action that the agency filed against Comerica Bank in December. 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 […]

CFPB Sues Comerica Bank Over Handling of Federal Benefits Program

December 06, 2024
The Consumer Financial Protection Bureau (CFPB) sued Comerica Bank Friday (Dec. 6), alleging that the bank committed violations that include hanging up on customer service calls and charging illegal ATM fees. Get...

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...

Warren Seeks Better Fraud Protection For Gov’t Prepaid Programs

January 11, 2019
Sen. Elizabeth Warren, D-Mass., has asked the Treasury Department to boost fraud protection in the Direct Express prepaid program after hundreds of federal benefits recipients were victims of fraud. Get...