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CFPB Sues Walmart, Branch Messenger
CFPB sues Walmart for illegally opening bank accounts
The Consumer Financial Protection Bureau (CFPB) filed a lawsuit against Walmart and fintech company Branch Messenger for allegedly compelling over a million delivery workers to utilize costly deposit accounts to access their paychecks.
CFPB Sues Walmart, Branch Messenger for Pay Practices for ‘Last-Mile’ Drivers
The Consumer Financial Protection Bureau said it sued Walmart and payment platform Branch Messenger for practices concerning delivery drivers’ pay and reimbursement.CFPB’s lawsuit alleges that Walmart and Branch opened Branch accounts for Spark drivers,
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.
17h
This Week In Credit Card News: CFPB Calls Out Some Illegal Card Practices
CFPB Calls on Other Enforcement Agencies to Address Bait-and-Switch Credit Card Rewards Practices ...
6d
on MSN
CFPB sues America's largest banks for 'allowing fraud to fester' on Zelle
The Consumer Financial Protection Bureau is suing America's three largest banks, accusing the institutions of failing to ...
1d
Even if CFPB Trims Rulemaking, It Will Keep Eyeing Data Brokers
Troutman Pepper attorneys highlight legal obligations under the Fair Credit Reporting Act and how companies should continue ...
19h
CFPB Sues Major Banks Over Zelle Fraud Response
Zelle is used by many people to quickly and conveniently send money electronically from their credit card or bank account.
JD Supra
19h
CFPB highlights challenges faced by successor homeowners in assuming mortgages
On December 17, the CFPB released an Issue Spotlight reporting on challenges that homeowners often face with mortgage servicing companies after ...
6d
on MSN
CFPB sues Zelle operator, major banks over failure to counter fraud
Three of the largest U.S. banks rushed the Zelle digital payment system to market "without implementing effective consumer ...
Sierra Sun Times
2d
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, ...
JD Supra
19h
CFPB issues final rule on Property Assessed Clean Energy financing
On December 17, the CFPB finalized a rule concerning Property Assessed Clean Energy (PACE) financing. The final rule integrated existing ...
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Consumer Financial Protection Bureau
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