Walmart illegally opened costly deposit accounts for one ... - CBS News
Dec 23, 2024 · "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.
CFPB Sues Walmart and Branch Messenger for Illegally Opening …
Dec 23, 2024 · Today, the 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 over 1 million drivers, CFPB …
Dec 23, 2024 · 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...
CFPB sues Walmart for illegally opening delivery drivers' deposit …
Dec 23, 2024 · The Consumer Financial Protection Bureau on Monday accused Walmart and payments platform Branch Messenger of costing delivery drivers over $10 million in fees through these accounts since...
Consumer protection agency sues Walmart, Branch alleging …
Jan 3, 2025 · The Consumer Financial Protection Bureau has sued Walmart and work scheduling platform Branch Messenger for allegedly forcing delivery drivers that are part of its gig program to use costly deposit accounts to get paid and mispresented how they could access their wages.
Walmart illegally opened bank accounts for 1 million drivers, …
Dec 24, 2024 · CFPB said in a news release on Monday that the companies opened deposit accounts for Walmart drivers with their personal information, including their social security numbers, without...
Consumer protection board sues Walmart and fintech firm over ... - NBC News
Dec 23, 2024 · The Consumer Financial Protection Bureau is suing Walmart and a financial technology firm, alleging they illegally forced drivers into using costly deposit accounts to …
Walmart Inc., and Branch Messenger, Inc. | Consumer Financial ...
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 ...
CFPB Sues Walmart, Fintech for Illegally Opening Accounts
Dec 23, 2024 · The Consumer Financial Protection Bureau sued Walmart and Branch Messenger Inc., claiming they required those in the Spark Driver program to be paid through costly accounts or be fired.
CFPB sues Walmart and fintech over driver payment program
Dec 23, 2024 · 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.