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Deep Dive: Buy Now, Exercise Now, Pay Later

PYMNTS

Exercise can help individuals maintain both their physical and mental health, and there are myriad options available for fitness beginners and enthusiasts alike. Millennials could be the most fitness-oriented generation the world has seen, with 76 percent of them reporting that they exercise at least once a week.

Exercises 141
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Peloton To Introduce Lower-Priced Treadmill, Higher-Priced Exercise Bike

PYMNTS

Sources told the news service while the startup offers the cheaper treadmill, it will introduce a more expensive stationary exercise bike and cut the price of its existing bike. CEO John Foley told analysts during call that the pandemic will change consumers’ exercise routines for the long term. Total revenue grew 66 percent to $524.6

Exercises 151
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SoulCycle To Debut Home Exercise Bike To Compete With Peloton

PYMNTS

SoulCycle is gearing up to release its own at-home bike that could compete with rival Peloton, after teasing the product last summer, according to reports. The fitness company’s product looks similar to Peloton’s, with on-demand cycling classes that can be streamed through a monthly contract with the Variis platform.

Exercises 150
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Digital Exercise Brands Get Pumped Up As In-Person Fitness Loses Muscle

PYMNTS

Just when it seemed America was starting to actually use gym and fitness studio memberships that so often fall dormant after a few visits, COVID-19 shut down the workout industry hardcore. Consider the empty gyms and studios of 2020 as compared to mere months ago. “In In 2019, U.S. health club membership reached an all-time high of 64.2

Exercises 206
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Will Exercise Junkies ‘Save’ The Smartwatch?

PYMNTS

The activity tracker became the device of choice for the middle-aged consumer looking to get in better shape by starting an exercise routine. That said, activity tracker companies must continue to broaden their portfolios to satisfy more exercise-focused consumers, combining specialist functions with generalist capabilities.”.

Exercises 100
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Get Financially Fit With These Money Management Exercises

BankBazaar

Here are some sure-shot exercises that will give your money the workout it needs. Depending on what category your finances fit into, you can follow the prescribed exercises – they’re worth the end result. Recommended exercises: Read your credit report regularly and verify your payment history. The Couch Potato.

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California Dept. of Financial Protection and Innovation announces plans to exercise expanded powers under Consumer Financial Protection Law

CFPB Monitor

In its January 2021 monthly bulletin , the DFPI stated that, with the CCFPL now in effect, the DFPI will begin exercising its “expanded powers to better protect consumers from unlawful, unfair, deceptive, and abusive practices.” In the bulletin, the DFPI outlines its plans to implement the CCFPL and exercise its expanded powers.

Exercises 127