Remove Elder Abuse Remove Fraud Prevention Remove Scams
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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. Be on the Lookout for Scams. Play a voicemail message from a travel-award scam, if you get one.

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Banks Fight Back Against ‘Fake Grandchild’ Scammers Who Target Seniors

PYMNTS

Treasury stats are a reminder of the role that seniors play both in banking and as targets of fraud. Fake Grandchild Scam. Among the most common methods of fraud is the fake grandchild scam. PYMNTS readers no doubt know how the scam works, but Experian provided a helpful explanation. Other Scams.

Scams 74
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Step Aside, Millennials — Why Fintechs Are Targeting Baby Boomers & Retirees

CB Insights

Startups are now eyeing opportunities to develop fintech services aimed at helping older individuals improve their financial well-being, from estate planning to fraud prevention, aiming to provide this potentially lucrative — and increasingly tech savvy — demographic with more power over their finances. Source: Deloitte.

FinTech 73