Fifth Third Bank, National Association, (Nasdaq: FITB) today announced it has been designated by the U.S. Department of the ...

The Treasury Department has designated Fifth Third as the financial agent for its Direct Express prepaid card program. The ...

The U.S. Treasury Department's Bureau of the Fiscal Service has designated Fifth Third Bank as the new financial agent for ...

Mastercard® will serve as the program's payment network, a role it has played since Direct Express®' inception in 2008.

Seniors and others receiving Social Security and other benefits, a lawsuit says, faced illegal ATM charges involving the Direct Express card.

They join a growing number of others across the country who complain their Direct Express MasterCard, the only way they collect social security or veteran benefits, was used by crooks.

The agency began offering the Direct Express MasterCard-branded card last year. Observers have predicted that recipients of Social Security benefits could eventually become the single largest group ...

Fifth Third Bank said it has entered an agreement with the U.S. Department of the Treasury's Bureau of the Fiscal Service to manage its Direct Express prepaid debit card program.