CFPB sues Walmart and Branch Messenger for allegedly opening unauthorized bank accounts for over a million drivers.

The Consumer Financial Protection Bureau has sued Walmart and payments platform Branch Messenger for allegedly opening deposit accounts for over a million delivery drivers without their consent, using their personal information. Walmart reportedly forced drivers to use these accounts to receive payment, threatening job loss if they didn't comply. The lawsuit claims that drivers were misled about accessing their earnings and charged over $10 million in fees for transferring wages to their regular accounts. Walmart and Branch Messenger deny the allegations.

3 months ago
91 Articles