Walmart, CFPB

CFPB Sues Walmart, Branch Messenger for Pay Practices of ‘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 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.
CFPB Sues Walmart, Fintech Partner for Illegal Account Openings
Walmart Inc. and one of its financial technology partners allegedly opened expensive bank accounts for delivery drivers without their consent, a US consumer protection agency said on Monday.
Walmart accused of illegally opening costly accounts for drivers
Walmart and Branch Messenger, a payments platform, accused of deceiving workers about pay from retailer for two years.
US government sues Walmart, Branch Messenger over delivery driver 'junk fees'
The U.S. consumer finance watchdog accused Walmart and the workforce payments company Branch Messenger on Monday of forcing more than a million delivery drivers into using accounts that cost them more than $10 million in junk fees.
U.S. sues Walmart, Branch Messenger over payment accounts for delivery drivers
The Consumer Financial Protection Bureau filed a complaint Monday against Walmart and Branch Messenger for allegedly forcing delivery drivers to use costly deposit accounts in order to get paid.
Walmart, fintech Branch sued for allegedly 'taking advantage' of over 1M delivery drivers
The Consumer Financial Protection Bureau has filed a lawsuit against Walmart (WMT) and Branch for allegedly "taking advantage" of more than one million delivery drivers.

Zelle payment fraud gets major banks sued by CFPB

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Zelle Accused by CFPB of Leaving Customers Vulnerable to Widespread Fraud
CFPB alleges JPMorgan Chase and other big banks skipped important safety features that put Zelle customers at risk.
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CFPB Claims Regarding Zelle Losses May Be Exagerated
Earlier this week, the Consumer Financial Protection Bureau  (CFPB) announced a lawsuit targeting the big banks that launched ...
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Banks, trade groups seek injunction on CFPB overdraft rule
The same organizations that are suing the agency over its effort to limit overdraft fees to $5 filed court paperwork ...
CFPB warns of illegal credit card rewards practices
The federal Consumer Financial Protection Bureau Wednesday warned law enforcement agencies that some credit card companies ...
New CFPB tool aims to help consumers save money on credit cards and avoid rewards scams
CFPB says it's on to credit card companies' bait-and-switch rewards tactics and launched a tool to help consumers save money ...
Federal student loan forgiveness opportunities lost to those who refinance, CFPB warns
With the Federal Reserve's recent cuts to interest rates, more federal student loan borrowers are wondering if they should ...