Walmart, Banking App Forced Delivery Drivers To Pay Millions In 'Junk Fees': CFPB
The agency said that drivers on Walmart's Spark platform couldn't immediately access their earnings without giving the app a cut.
CFPB sues Walmart, Branch Messenger for forcing drivers to use costly deposit accounts
Walmart and a financial tech company are being sued over allegations the retail giant forced drivers to use costly, complicated deposit accounts in order to get paid and raked-in millions in the process.
CFPB sues Walmart, fintech partner for illegal account openings
Walmart made false promises, illegally opened accounts, and took advantage of more than a million delivery drivers,” the CFPB alleged.
CFPB sues Walmart, Branch Messenger for illegally opening deposit accounts
The Consumer Financial Protection Bureau said on Monday it was suing Walmart and Branch Messenger for forcing delivery drivers to use costly deposit accounts to get paid and for deceiving workers. In a statement,
US consumer bureau sues Walmart, fintech for illegally opening accounts
A U.S. consumer protection agency alleged Walmart Inc. and one of its financial partners with opening accounts for delivery drivers without their consent.
CFPB Sues Walmart Over Unauthorized Bank Accounts for Delivery Drivers
The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Walmart and payroll service provider Branch Messenger, alleging they engaged in deceptive and abusive practices affecting gig workers.
'Treadmill of debt': Consumer protection head sounds off on credit card companies' practices
Consumer Financial Protection Bureau Director Rohit Chopra tells Yahoo Finance that the high interest rates charged by credit ...
Consumer protection agency closes the Biden era taking big swings
Three new lawsuits filed by the CFPB take aggressive actions that could potentially be reversed by President-elect Donald ...
American Banker13d
CFPB's Chopra says he won't resign, but he will leave
In testimony before the Senate Banking Committee, Consumer Financial Protection Bureau Director Rohit Chopra said he has no ...
Walmart Forced A Million Workers To Use Bank Accounts With Expensive 'Junk Fees' To Receive Paychecks: Feds
The Consumer Financial Protection Bureau has filed a lawsuit against Walmart and financial services company Branch over employee accounts with expensive fees.
'Rohit Sharma is my No.1': Aakash Chopra reveals his Top 5 T20I batters of 2024
Former India cricketer Aakash Chopra has unveiled his top five T20I batters of 2024, with India's T20 World Cup-winning ...
Overdraft fees could be capped at $5 under new federal rule
Banking customers could save up to $5 billion per year on overdraft fees under a new rule finalized Thursday by the Consumer ...
ConsumerAffairs13d
CFPB's Chopra won't resign prior to Trump's inauguration
The days are dwindling down to a precious few for political appointees in Washington, as the incoming Trump Administration ...
Feds sue Zelle, alleging that nation's biggest banks failed to stop fraud
Government watchdog claims Americans lost hundreds of millions to fraud related to the bank-operated mobile payments network.
Marketplace13d
Consumer agency seeks to limit data sales, combat “digital surveillance”
Rohit Chopra, director of the Consumer Financial Protection Bureau, explains a proposed rule that would hold data brokers to ...
Rohit Sharma, Virat Kohli's last Test series? Former India opener says, 'Let's not ...'
Gavaskar Trophy isn't Virat Kohli and Rohit Sharma's last Test series. Both veterans have struggled for runs recently, and ...
JPMorgan Chase, BofA and Wells Fargo Sued For 'Festering' Fraud On Zelle
Federal regulators said the nation's largest banks failed to put safeguards in place for consumers, creating a "gold mine for ...