Marianne Lake, CEO of consumer and community banking at JPMorgan Chase, worries most about an uneven playing field, where “as ...
And drivers paid a combined total of $10 million in “junk fees” to transfer those wages into other bank accounts, CFPB alleges. “Companies cannot force workers into getting paid through ...
The CFPB's lawsuit alleges that Walmart and Branch opened Branch accounts for Spark Drivers, and Walmart then deposited drivers' pay into these accounts, without the drivers' consent. "Walmart ...
“Walmart made false promises, illegally opened accounts, and took advantage of more than a million delivery drivers,” CFPB Director Rohit Chopra said in a statement after the agency sued the ...
Earlier this week, the Consumer Financial Protection Bureau (CFPB) announced a lawsuit targeting the big banks that launched Zelle. Zelle was created by big banks in recognition of the rise of ...
Rohit Chopra, the director of the CFPB, joins Ali Velshi to explain why the bureau is so important to the American consumer. “When people come to the CFPB, we require those companies to respond ...
CFPB, the government's consumer financial watchdog agency, alleges customers of the top three banks lost more than $870 million over the seven years that Zelle has been in existence due to the ...