New York CNN —
The Consumer Financial Protection Bureau sued Walmart and fintech company Branch Messenger for allegedly forcing more than a million delivery workers to use expensive deposit accounts to access their paychecks, the agency announced Monday.
The companies opened deposit accounts for Walmart’s drivers with their personal information, such as Social Security numbers, without authorization, according to the agency’s complaint. Walmart’s Spark Drivers, who the company classes as independent contractors who bring packages from the company’s warehouses to customers’ doorsteps, could only have their pay deposited into the Branch accounts, the complaint says. Since 2021,
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