CFPB Sues Walmart and Branch Messenger for Illegally Opening …
Dec 23, 2024 · 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 …
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 access ...
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. "Companies cannot force...
Consumer protection board sues Walmart and fintech firm over ... - NBC News
Dec 23, 2024 · 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 for illegally opening delivery drivers' deposit …
Dec 23, 2024 · 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 accuses Walmart and Branch of opening illegal accounts
Dec 23, 2024 · 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 …
CFPB Sues Walmart, Fintech for Illegally Opening Accounts
Dec 23, 2024 · Walmart Inc. and one of its financial technology partners allegedly opened expensive bank accounts for delivery drivers of the world’s largest retailer without their consent, a US consumer...
CFPB Sues Walmart, Fintech for Illegally Opening Accounts
Dec 23, 2024 · 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 Partner for Illegal Account Openings
Dec 23, 2024 · Walmart Inc. and one of its financial technology partners allegedly opened expensive bank accounts for delivery drivers of the world’s largest retailer without their consent, a US consumer...
US government sues Walmart, Branch Messenger over delivery …
Dec 23, 2024 · 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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