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Nacha’s Payments Innovation Alliance Observes World Elder Abuse Awareness Day with New Resources to Combat Financial Exploitation of Older Americans

NACHA

Nacha’s Payments Innovation Alliance Observes World Elder Abuse Awareness Day with New Resources to Combat Financial Exploitation of Older Americans bjaffe@nacha.org Thu, 06/13/2024 - 08:15 Image Media Elder Financial Abuse Prevention Checklists for FIs.png

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Raising Elder Fraud Awareness to Prevent Real Estate Scams

FICO

It’s June, a special month for honoring loved ones, especially parents and grandparents by raising Elder Abuse Awareness. World Elder Abuse Awareness Day is officially June 15th and it’s an ideal time to educate oneself on how to protect elders from becoming victims of financial abuse.

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Elder Fraud: 5 Ways to Protect the Ones You Love

FICO

Did you know that today is World Elder Abuse Awareness Day ? In addition to being a passionate defender in the fight against child identity fraud , I am also an ardent supporter of elders’ financial well-being.

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Finovate Alumni News

Fintech Labs Insights

” EverSafe celebrates “World Elder Abuse Awareness Day” with its top tips to prevent elder financial exploitation. Wipro introduces its e-KYC solution based on its AI platform, Wipro HOLMES. The 42 looks at Lending Club and Zopa in its feature on why people “should embrace P2P lending.”

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Karen.care: Building And Monetizing Marketplace For Elder Care Needs

PYMNTS

Elder abuse and elder fraud are both endemic problems, and the consequences of hiring the wrong “expert” can often be catastrophic. But again, that is not an easy thing to hire for someone you care about, particularly at a distance.

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Step Aside, Millennials — Why Fintechs Are Targeting Baby Boomers & Retirees

CB Insights

Some banks have also implemented some elder abuse protections for their customers. Source: True Link Financial. TD Bank, for example, allows customers to provide read-only access to a trusted contact so they can assist in monitoring a bank account. get the REPORT on next generation investors.

FinTech 73
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Consumer Watchdog Warns Against Elder Financial Abuse

PYMNTS

The CFPB is asking that financial institutions file Suspicious Activity Reports (SARs) with the government when they think elder financial exploitation (EFE) is happening.