The interagency Federal Electronic Benefits Transfer Task Force is taking steps to ensure that financial institutions are the main vendors of services related to the electronic delivery of government benefits.

At the heart of the effort is a change in the way the government fields bids for EBT services. The traditional request for proposal (RFP) process is slated to be replaced, in an increasing number of cases, with a procedure known as invitations for expressions of interest, or IEI.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.