News
FedNow® Service Now Available for Instant Federal Agency Disbursements Through Treasury’s Digital Payout program.
Effective today, most federal payments currently made by paper check—including Social Security benefits, Veterans benefits, and other federal payments—must be made electronically.
Big changes are coming! Starting September 30, 2025, the federal government will stop issuing paper checks for most federal payments.
The Department of the Treasury’s Bureau of the Fiscal Service (Fiscal Service) is excited to announce the addition of the Creoal-SMX Elevate FM Financials solution to the Financial Management (FM) Marketplace. Elevate FM Financials is a cloud solution built on Oracle Fusion Cloud ERP and compliant with federal standards and common requirements.
Washington, D.C. – The Office of Data Transparency at the U.S. Department of the Treasury’s Bureau of the Fiscal Service is excited to announce the successful completion of a multi-year initiative to migrate all of the bureau’s publicly available data to the FiscalData.Treasury.gov (Fiscal Data) platform.
The U.S. Department of the Treasury’s Bureau of the Fiscal Service (Fiscal Service) today announced the selection of The Bank of New York Mellon Corporation (“BNY”), (NYSE: BK), a global financial services company, as the financial agent for the Direct Express® program.
Fiscal Service is responsible for administering the Surety Bond Program for the federal government under 31 U.S.C. 9304-9308.
On July 11th, the Department of the Treasury’s Bureau of the Fiscal Service (Fiscal Service) announced that the United States Patent and Trademark Office (USPTO), within the Department of Commerce, became the first agency to use the Financial Management (FM) Marketplace to award a contract for its core financial system needs.
WASHINGTON -- The U.S. Department of the Treasury, Bureau of the Fiscal Service, seeks applications from qualified financial institutions to serve as a financial agent of the United States. The selected financial agent(s) will administer the Direct Express debit card portfolio while also offering federal payment recipients alternative/emerging electronic payment solutions. The agreement with the current financial agent ends in January 2025.
Fiscal Service reaches eleven million enrollments for electronic federal payments The Department of the Treasury’s Bureau of the Fiscal Service (Fiscal Service) recently completed the eleven millionth enrollment into electronic solutions such as direct deposit through the Go Direct® program.