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Next-Gen Debit Still Ahead Of Its Time

PYMNTS

Department of the Treasury’s Bureau of the Fiscal Service disburses monies to federal benefit recipients, from veterans to senior citizens and many others, it uses millions of direct deposit prepaid debit cards as part of the payments mix. When the U.S. million prepaid debit cards to mostly unbanked federal beneficiaries.

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Getting Stimulus Payments To Consumers; Lessons From Round One

PYMNTS

Trying to get $269 billion into the bank accounts of 160 million Americans in a short timeframe is a Herculean task for any payments system, but there are ways to address the gaps and the cracks. Then of course, there was the fraud problem to contend with. Tech-driven ways, of course.