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CFPB, Walmart
CFPB Sues Walmart, Branch Messenger for Pay Practices for ‘Last-Mile’ Drivers
The lawsuit alleges that Walmart deposited drivers’ pay into accounts with payment platform Branch Messenger without the drivers’ consent.
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 illegally opening accounts
The Consumer Financial Protection Bureau sued Walmart and Branch Messenger Inc., claiming they required those in the Spark Driver program to be paid
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.
Walmart sued for allegedly illegally opening accounts for drivers
Walmart and Branch Messenger are being sued for allegedly forcing delivery workers to use deposit accounts to access paychecks.
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CFPB Targets Credit Card Companies Over Reward Scams and Sky-High Interest Rates
With a move designed to shake the foundations of the credit card industry, the Consumer Financial Protection Bureau (CFPB) ...
Sierra Sun Times
1d
Consumer Financial Protection Bureau (CFPB) Files Lawsuit to Stop Illegal Kickback Scheme to Steer Borrowers to Rocket Mortgage
The CFPB’s lawsuit against Rocket Homes, The Mitchell Group, and Jason Mitchell seeks a stop to alleged unlawful conduct, ...
2d
on MSN
Consumer protection board sues Walmart and fintech firm over gig-worker driver pay access
The Consumer Financial Protection Bureau has filed a flurry of suits against major U.S. firms in recent months as the Biden ...
JD Supra
1d
CFPB Calls on Other Enforcement Agencies to Address Bait-and-Switch Credit Card Rewards Practices
On December 18, 2024, the Consumer Financial Protection Bureau (the “CFPB”) issued a circular to other law enforcement agencies warning that ...
7d
on MSN
Beware Bait-and-Switch Credit Card Rewards Programs Warns CFPB
Some credit card companies with rewards programs may be breaking the law by using bait-and-switch tactics, the Consumer ...
5d
The US Consumer Financial Protection Bureau sues Zelle and four of its partner banks
The government agency sued Zelle’s operating company and four of its partner banks (JPMorgan Chase, Bank Of America and Wells ...
Sierra Sun Times
10d
Consumer Financial Protection Bureau (CFPB) Closes Overdraft Loophole to Save Americans Billions in Fees
Cap their overdraft fee at $5: Under this simple option, covered banks and credit unions could simply cap their fee at $5, ...
JD Supra
1d
New CFPB Rule Applies Mortgage Standards to Residential PACE Financing
On December 17, 2024, the Consumer Financial Protection Bureau (CFPB) finalized a rule applying standard mortgage protections to Residential ...
American Banker
2d
CFPB sues Rocket Homes, brokerage over kickback scheme
The watchdog accuses Rocket Homes and The Mitchell Group brokerage of initiating a plan to generate origination business for ...
ConsumerAffairs
1d
Rocket Homes gave kickbacks to realtors for homeowner loans, CFPB alleges
Lender Rocket Homes gave kickbacks to real estate brokers and agents to get homebuyers to sign up for its loans, the Consumer ...
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Branch Messenger
Rocket Mortgage
Walmart
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