CFPB Sues Walmart and Fintech Partner Over Unauthorized Account Openings

Reported 2 days ago

The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Walmart and its fintech partner, Branch Messenger Inc., alleging that they opened expensive bank accounts for delivery drivers without their consent. The agency claims these accounts were necessary for drivers to receive payments, exploiting over a million individuals. Walmart has yet to respond to the allegations.

Source: YAHOO

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