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Fraud typologies all financial institutions should know

Abrigo

Variations include: Pig butchering scams Scammers build relationships with victims through social media or dating apps, persuading them to invest in cryptocurrency or other financial opportunities. These scams often take place on dating apps and social media. Start or enhance a customer fraud prevention plan.

Fraud 221
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Love and lies: How financial institutions can help prevent confidence scams

Abrigo

Fraudsters create fake profiles on dating apps and social media platforms, using stolen images and fabricated stories to build relationships with their targets. Scammers can use details shared on dating sites and social media platforms to better target victims.

Fraud 221
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Subscription Price Drop Triggers Decline Of Peloton Shares

PYMNTS

Subscriptions linked to Peloton’s proprietary exercise bike and treadmill remain $39 per month. With the Fire TV app, people can exercise with digital classes using their own equipment or take strength training, meditation and yoga, which don’t require any hardware at all. . The move was intended to attract more users. Shares dipped 4.8

Exercises 130
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Subscription Price Drop Sends Peloton Shares Tumbling

PYMNTS

Subscriptions linked to Peloton’s proprietary exercise bike and treadmill remain $39 per month. With the Fire TV app, people can exercise with digital classes using their own equipment or take strength training, meditation and yoga, which don’t require any hardware at all. . The move was intended to attract more users. Shares dipped 4.8

Exercises 130
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Delivery Delays Of 3 Months Or More Hamper Peloton

PYMNTS

The paper cited interviews and social media posts by customers who said the bikes they had been promised were weeks or even months behind schedule — often with no notice until the day they were scheduled to arrive or even later.

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The Utimate Fitness Regime For Your Finances Is Here

BankBazaar

A lot of us have incorporated exercise into our lives because we’re starved for physical activity. No wonder all our social media feeds are swarming with home workout photos and videos! While we’re talking exercise, why not extend its benefits to our money too? Ready to flex up those money-muscles of yours?

Exercises 148
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Strava’s Journey From Fitness App To Fitness Ecosystem

PYMNTS

In some ways, Strava is a very much like any social media platform, albeit with a slightly narrower focus than most. It is getting very serious about the larger social media play and the ecosystem it hopes to build around it. Quarles is new to his job, having come on board last spring, but he is not new to social media.