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Walmart Lashes Back at FTC Over Lawsuit

Payments Dive

In a fiery rebuttal to the Federal Trade Commission lawsuit last week, the nation’s biggest retailer is already doing battle in the court of public opinion.

In an aggressive response to the Federal Trade Commission’s lawsuit last week over fraudulent money transfers, Walmart vowed to fight the federal agency and sought to reassure customers about the benefits of its services.

The nation’s largest retailer laid out a lengthy rebuttal to the FTC’s case in several online posts, pointing to the agency’s failure to acknowledge its own governmental finding in 2018 that Walmart’s money transfer partner MoneyGram International operated a faulty fraud-blocking system. Much of the retailer’s response revolved around shifting the focus to that partner.