Remove Elder Abuse Remove Scams Remove Wire Transfer
article thumbnail

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

CB Insights

Elder financial exploitation is a common issue throughout the United States. A study published in the American Journal of Public Health found that more than 5% of the elderly population experiences some kind of fraud or scam every year. incidents of elder financial exploitation were committed in 2017 alone.

FinTech 73