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CFPB sues Walmart and fintech
Consumer protection board sues Walmart and fintech firm over gig-worker driver pay access
The Consumer Financial Protection Bureau has filed a flurry of suits against major U.S. firms in recent months as the Biden administration winds down.
CFPB Sues Walmart, Branch Messenger for Pay Practices for ‘Last-Mile’ Drivers
The lawsuit alleges that Walmart deposited drivers’ pay into accounts with payment platform Branch Messenger without the drivers’ consent.
Walmart Stock Falls as CFPB Sues Over Pay Practices for Delivery Drivers
Walmart stock fell Monday after the Consumer Financial Protection Bureau said it was suing the retailer and its fintech partner, Branch Messenger, for illegally opening deposit accounts for more than one million delivery drivers.
Opinion
20h
Opinion
The CFPB vs. Checking Accounts
The rule on overdraft fees is ripe for the GOP Congress to overturn.
6h
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 ...
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, ...
2d
on MSN
CFPB Sues Rocket Homes Over Alleged Kickback Scheme
The Consumer Financial Protection Bureau has filed suit against Rocket Homes, alleging the real-estate company provides ...
Opinion
2d
on MSN
Opinion
Elon Musk wants to ‘delete’ many Americans’ financial lifeline
It is especially surprising that one of the first federal agencies to come under scrutiny from the incoming administration is ...
JD Supra
1d
CFPB Calls on Other Enforcement Agencies to Address Bait-and-Switch Credit Card Rewards Practices
On December 18, 2024, the Consumer Financial Protection Bureau (the “CFPB”) issued a circular to other law enforcement agencies warning that ...
American Banker
2d
CFPB sues Rocket Homes, brokerage over kickback scheme
The watchdog accuses Rocket Homes and The Mitchell Group brokerage of initiating a plan to generate origination business for ...
2d
on MSN
Consumer protection agency closes the Biden era taking big swings
For the Consumer Financial Protection Bureau, it’s been an anything-but-quiet holiday season. On Friday, the federal watchdog ...
JD Supra
1d
New CFPB Rule Applies Mortgage Standards to Residential PACE Financing
On December 17, 2024, the Consumer Financial Protection Bureau (CFPB) finalized a rule applying standard mortgage protections to Residential ...
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Rocket Mortgage
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