BNY Mellon Chosen To Oversee US Treasury's Direct Express Program - What's On the Cards?
BNY Mellon Chosen To Oversee US Treasury's Direct Express Program - What's On the Cards?
The Bank of New York Mellon Corporation (NYSE:BK) shares are trading higher on Thursday.
紐約梅隆銀行公司(紐交所:BK)股價在週四上漲。
The U.S. Department of the Treasury's Bureau of the Fiscal Service has appointed BNY Mellon as the financial agent for the Direct Express prepaid debit card program.
美國財政部財政服務局已將BNY梅隆指定爲直接支付預付借記卡項目的金融代理。
This five-year agreement, which begins on January 3, will provide secure and easy access to federal benefit payments for approximately 3.4 million Americans.
這項五年協議將於1月3日開始,爲大約340萬人提供安全便捷的聯邦福利支付方式。
BNY Mellon was selected after a comprehensive evaluation of proposals from multiple financial institutions.
在對多個金融機構的提案進行全面評估後,BNY梅隆被選中。
The Treasury chose BNY Mellon for its wide range of customer service options that cater specifically to the unique needs of the Direct Express cardholders. These services include online and digital funds access, bill payment, cardless ATM access, omni-channel customer service through chat and text, and in-person authentication options.
財政部選擇BNY梅隆是因爲其提供的廣泛客戶服務選項,特別滿足直接支付卡持有者的獨特需求。這些服務包括在線和數字資金訪問、賬單付款、無卡ATM訪問、通過聊天和短信的全渠道客戶服務,以及面對面認證選項。
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Additionally, the program will benefit from features such as contactless payment capabilities and emergency fund access.
此外,該項目還將受益於無接觸支付能力和緊急資金訪問等功能。
Jennifer Barker, Global Head of Treasury Services at BNY Mellon, said, "We're honored to be appointed as the financial agent for the Direct Express program, a decision which speaks to BNY's legacy serving clients and communities throughout the financial ecosystem."
BNY梅隆的全球財務服務負責人Jennifer Barker表示:「我們很榮幸被任命爲直接支付項目的金融代理,這一決定彰顯了BNY在整個金融生態系統中服務客戶和社區的遺產。」
Mastercard Incorporated (NYSE:MA) will continue its role as the program's payment network, a position it has held since Direct Express was launched in 2008.
萬事達卡公司(紐交所:MA)將繼續擔任該計劃的支付網絡,自2008年Direct Express推出以來,它一直保持這一職位。
Other providers involved in the program include Galileo Financial Technologies, MoCaFi, Senture, Sunrise Banks, and Ubiquity Global Services.
參與該計劃的其他提供商包括Galileo Financial Technologies、MoCaFi、Senture、Sunrise Banks和Ubiquity Global Services。
The expanded services and customer-focused enhancements will help elevate the experience for Direct Express cardholders, ensuring they have easy access to their federal benefits.
擴展的服務和以客戶爲中心的改進將提升Direct Express持卡人的體驗,確保他們能夠輕鬆訪問聯邦福利。
Price Action: BK shares are trading higher by 0.73% to $78.44 at last check Thursday.
價格動態:截至週四最後檢查時,Bk股票上漲0.73%,至78.44美元。
Image: Shutterstock/ Geobor
圖片:shutterstock/ Geobor
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