BNY Mellon to Manage Prepaid Debit Card Program for Fiscal Service
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BNY Mellon has entered into a five-year agreement with the Fiscal Service to manage the Direct Express prepaid debit card program, aligning with its revenue growth strategy.
November 25, 2024 | 3:00 pm
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BNY Mellon has secured a five-year agreement with the Fiscal Service to manage the Direct Express prepaid debit card program, which supports its revenue growth strategy.
The partnership with the Fiscal Service is a strategic move for BNY Mellon, likely to positively impact its revenue growth. This aligns with its business strategy, suggesting a positive short-term impact on its stock price.
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IMPORTANCE 80
RELEVANCE 100