Business
December 24, 2024
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Walmart accused of illegally opening bank accounts for 1m drivers

Walmart accused of illegally opening bank accounts for 1m drivers

Listen to article The Consumer Financial Protection Bureau (CFPB) filed a lawsuit against Walmart and fintech company Branch Messenger, accusing the companies of forcing over a million delivery workers to use expensive deposit accounts to access their paychecks. According to the CFPB’s complaint, Walmart and Branch opened deposit accounts for Walmart’s Spark Drivers, who are classified as […]

Business
December 24, 2024
2 views 6 mins 0

US sues Walmart, Branch Messenger for exploiting delivery drivers with $10 million junk fees: 'Companies cannot force workers…'

US sues Walmart, Branch Messenger for exploiting delivery drivers with million junk fees: 'Companies cannot force workers…'

The Consumer Financial Protection Bureau (CFPB), an independent agency of the US government, sued Walmart and the workforce payments company Branch Messenger on Monday for allegedly forcing delivery drivers to use specific bank accounts, costing them more than $10 million in junk fees and misleading them about payment access. The lawsuit focuses on Walmart’s Spark […]