Walmart illegally opened bank accounts for over 1 million drivers …
4 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 ...
CFPB Sues Walmart and Branch Messenger for Illegally Opening …
5 days ago · – Today, the Consumer Financial Protection Bureau (CFPB) sued Walmart and Branch Messenger for forcing delivery drivers to use costly deposit accounts to get paid and for deceiving workers— “last mile” drivers in Walmart’s Spark Driver program—about how they could access their earnings.
Walmart illegally opened bank accounts for 1 million drivers, …
1 day ago · Walmart and fintech company Branch Messenger are being sued by the Consumer Financial Protection Bureau for allegedly forcing more than one million delivery workers to use expensive deposit ...
Walmart illegally opened costly deposit accounts for one ... - CBS News
4 days ago · More than one million delivery drivers collectively paid more than $10 million in fees after Walmart and Branch Messenger illegally opened costly deposit accounts in their names without consent,...
Walmart Inc., and Branch Messenger, Inc. | Consumer Financial ...
5 days ago · On December 23, 2024, the Bureau filed a complaint against Walmart Inc. and Branch Messenger, Inc. Branch is a financial technology company that, since January 2020, has offered a product called the Branch Account, which includes a deposit account at Evolve Bank & Trust that consumers access through a mobile application and debit card provided by Branch.
Consumer protection board sues Walmart and fintech firm over ... - NBC News
4 days ago · The Consumer Financial Protection Bureau is suing Walmart and a financial technology firm, alleging they illegally forced drivers into using costly deposit accounts to receive their pay.
Walmart accused of illegally forcing over 1 million of its ... - Yahoo
13 hours ago · Walmart forced delivery drivers to use ‘costly’ deposit accounts and ‘harvested’ $10 million in junk fees, the Consumer Financial Protection Bureau argues in a lawsuit (Getty Images)
Walmart sued over illegally opening bank accounts for delivery …
4 days ago · The Consumer Financial Protection Bureau says Walmart misled delivery workers into using Branch Messenger to get paid. By Umar Shakir , a news writer fond of the electric vehicle lifestyle and ...
CFPB sues Walmart, fintech partner for illegal account openings
4 days ago · News; National business; CFPB sues Walmart, fintech partner for illegal account openings Dec. 23, 2024 Updated Mon., Dec. 23, 2024 at 4:49 p.m. Consumer Financial Protection Bureau Director Rohit ...
CFPB sues Walmart and fintech over driver payment program
4 days ago · The Consumer Financial Protection Bureau filed a lawsuit against Walmart and its fintech partner, Branch Messenger, over a worker payment program that allegedly forced last-mile drivers to open costly deposit accounts to get paid.. Why it matters: The CFPB is issuing a flurry of enforcement actions and rules proposals in the waning days of the Biden administration.
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