Social media

719 articles tagged with this keyword

/markets

X to offer trading services soon, claims CEO

Social media app X will roll out investing and trading services "soon" and is also pondering its own debit or credit card, claims CEO Linda Yaccarino.

/retail

Frich launches tool that estimates anyone’s salary from Instagram posts

Gen Z-focused social finance app Frich has rolled out an AI-powered "financial reality check" feature that claims to reveal what people earn based on their Instagram profiles.

/retail

Regulators pull the plug on rogue 'finfluencers'

As described by the UK's FCA, finfluencers are "social media personalities who use their platform to promote financial products and share insights and advice with their followers."

/payments

EBAday 2025: Strategising for instant payments and financial crime

The afternoon sessions in the main stream focused on strategising for instant payments and financial crime.

/crypto

Meta investigates stablecoins for payouts - report

Years after being forced to abandon its crypto project, Meta is in talks with digital asset firms about integrating stablecoin payments into its platform, according to Fortune.

/security

Fraudsters turning to encrypted messaging platforms to scam users Revolut warns

Revolut reports that fraud originating from WhatsApp and Telegram now accounts for well over a third of reported scams (39%), as criminals are increasingly turning to encrypted messaging services to exploit victims.

/security

Revolut data reveals scale of WhatsApp fraud

Revolut, the global fintech with over 11 million UK customers and more than 50 million globally, has today revealed that UK consumers are being devastated by WhatsApp scams, losing on average £2,437, despite the perceived security that encrypted messaging provides.

/security

UK Finance warns businesses to stay alert to tax year end scams

As the tax year end approaches, UK Finance’s Take Five to Stop Fraud campaign is urging businesses to stay vigilant against CEO and mandate scams – key tactics used by fraudsters to target businesses.

/crypto

Crypto prices spike after Trump’s strategic reserve announcement

On Sunday, US President Trump announced the creation of a “US Crypto Reserve” on Truth Social.

/retail

Lloyds, TSB, Halifax, and Nationwide among UK banks down on payday

British banks TSB, Bank of Scotland, Nationwide Building Society, Halifax, Lloyds and First Direct have reported problems for customers making payments this morning.

/security

Dow Jones acquires geopolitical intelligence providers

Dow Jones today announced it has agreed to acquire Dragonfly Intelligence, a geopolitical and security intelligence provider, and Oxford Analytica, a provider of geopolitical intelligence advisory services from FiscalNote Holdings, Inc. (NYSE: NOTE), for $40 million.

/payments

Chase to restrict Zelle payments stemming from social media

Chase has warned customers that it will start blocking payments to social media contacts through the Zelle P2P network over fraud concerns.

/payments

Musk's X secures Visa partnership for payments push

Social media app X says it has struck a deal with Visa ahead of the launch of a digital wallet and peer-to-peer payments service later this year.

/crime

53% of APP victims were satisfied with their bank’s response

To mark International Fraud Awareness Week, Payments System Regulator (PSR) has released research on the impact of Authorised Push Payment (APP) fraud on UK consumers.

/payments

Mama Money launches WhatsApp bank card

South African fintech Mama Money Financial Services has launched a new bank card that enables cardholders to manage their account and money through WhatsApp.

/retail

Banco Santander creates first band born on social media

Banco Santander is taking a leaf out of Simon Cowell's X Factor playbook, creating a band from young hopefuls in a contest promoted on social media platform TikTok.

/security

Half of retail investors don’t carry out regular checks when using finfluencers’ guidance

New research from Barclays reveals how half (51 per cent) of Brits who use social media for investment guidance are putting their confidence and money at risk by not always carrying out checks to verify the reliability of finfluencers and their content.

/security

Meta forms data-sharing programme with UK banks to tackle scammers

Tech giant Meta says it will expand an information sharing partnership with UK banks after a pilot with NatWest and Metro helped take out thousands of scammers on its platforms.

/payments

Paymentology and Union54 to launch virtual debit cards on ChitChat social commere platform

Paymentology, the leading global issuer processor, today announces a continuation of its partnership with Zambian fintech, Union54, a company dedicated to providing secure messaging and instant payment systems.

/Social media

Níamh Curran Senior Reporter at Finextra

Deepfakes: The role banks play in fraud education