Fifth Third replaces BNY as Direct Express partner

This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. Dive Brief: Fifth Third has been chosen by the Treasury Department’s Fiscal Service Bureau as the financial agent and issuing bank to manage the Direct Express prepaid card program, the Cincinnati-based lender said Tuesday.    The five-year agreement began Tuesday. The Treasury Department didn’t immediately respond to a request for comment. Last November, BNY was ...