CFPB Sues Walmart and Branch Messenger for Illegally Opening …
6 days ago · The CFPB alleges that, for approximately two years starting in 2021, Walmart and Branch violated federal law by: Illegally opening accounts in order for drivers to receive pay and removing driver choice in how to receive pay: Walmart and Branch opened accounts for new drivers by using drivers’ information, including their Social Security ...
Walmart illegally opened bank accounts for over 1 million drivers, CFPB …
5 days ago · The Consumer Financial Protection Bureau sued Walmart and fintech company Branch Messenger for allegedly forcing more than a million delivery workers to use expensive deposit accounts to access ...
Walmart illegally opened costly deposit accounts for one ... - CBS News
5 days ago · "Walmart made false promises, illegally opened accounts and took advantage of more than a million delivery drivers," CFPB Director Rohit Chopra said in a news release. "Companies cannot force ...
CFPB sues Walmart for illegally opening delivery drivers' deposit …
5 days ago · Lawsuit alleges Walmart and the payments platform Branch Messenger cost delivery drivers millions of dollars in fees, opening deposit accounts without consent and requiring their use to get paid.
Consumer protection board sues Walmart and fintech firm over ... - NBC News
5 days ago · The CFPB alleges Walmart and Branch Messenger misled workers about the availability of same-day access to their earnings. Walmart Dec. 23, 2024, 4:31 PM UTC / Updated Dec. 23, 2024, 10:20 PM UTC
CFPB accuses Walmart and Branch of opening illegal accounts
5 days ago · The Consumer Financial Protection Bureau sued Walmart and payment app Branch Messenger, accusing them of illegally opening 1 million deposit accounts and charging $10 million in fees. Branch said the agency refused to engage in any meaningful way about the matter.
CFPB Sues Walmart, Branch Messenger Over Illegal Payment …
5 days ago · The CFPB's lawsuit alleges that Walmart and Branch opened Branch accounts for Spark Drivers, and Walmart then deposited drivers' pay into these accounts, without the drivers' consent.
CFPB Sues Walmart, Fintech for Illegally Opening Accounts
6 days ago · The CFPB said Walmart required the delivery drivers to use Branch Messenger, a fintech that offers workers deposit accounts and debit cards through their employers. Branch Messenger partners with ...
CFPB Sues Walmart, Fintech for Illegally Opening Accounts
5 days ago · The CFPB said Walmart required the delivery drivers to use Branch Messenger, a fintech that offers workers deposit accounts and debit cards through their employers. Branch Messenger partners with ...
CFPB sues Walmart and fintech over driver payment program
5 days ago · Why it matters: The CFPB is issuing a flurry of enforcement actions and rules proposals in the waning days of the Biden administration. Driving the news: The suit, filed in the U.S. District Court for the District of Minnesota, alleges that starting in mid-2021, Walmart required workers under its Spark Driver program to use Branch accounts or ...
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