Walmart and Branch: Are Drivers Paying Unfair Fees?

The U. S. consumer finance watchdog, also known as the Consumer Financial Protection Bureau (CFPB), has filed a lawsuit against Walmart and Branch Messenger. Why, you ask? Well, they claim that over a million delivery drivers were forced to use accounts that charged them way too many fees. We're talking about over $10 million in total! The CFPB said Walmart told drivers in its Spark Driver program that they'd be fired if they didn't collect their pay through Branch accounts. The catch? These accounts were opened without the drivers' consent.Walmart and Branch Messenger aren't too happy about this. They say the CFPB didn't give them enough time to explain their side of the story before rushing to file the lawsuit. Walmart even said they look forward to defending themselves in court. One of the main issues is that drivers were promised instant access to their wages. But in reality, they faced delays and extra charges when trying to transfer their funds. The lawsuit also claims that Branch misled drivers about stopping payments or making certain transfers. The CFPB wants to stop this behavior, get money back for the affected drivers, and maybe even impose fines that would go into a victim relief fund.