CFPB Sues Walmart and Branch Messenger for Illegally Opening …
3 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 …
2 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
3 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 …
3 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.
CFPB Sues Walmart, Fintech for Illegally Opening Accounts
3 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 ...
Consumer protection board sues Walmart and fintech firm over ... - NBC News
3 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 Sues Walmart, Fintech for Illegally Opening Accounts
3 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 accuses Walmart and Branch of opening illegal accounts
3 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 for forcing drivers to use …
3 days ago · "Walmart made false promises, illegally opened accounts, and took advantage of more than a million delivery drivers," CFPB Director Rohit Chopra (seen in Oct. 2023 in Washington DC) wrote Monday.
US government sues Walmart, Branch Messenger over delivery …
3 days ago · Representatives for Walmart and Branch Messenger both rejected the CFPB's allegations, accusing the agency of failing to allow them time to offer explanations and of "rushing" to file the lawsuit.
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