Study finds older adults particularly vulnerable to scams
A larger number of older adults than currently recognized are vulnerable to fraud and scams, including those adults without cognitive ...
Tag: Protecting older Americans
Podcast: Trends and tips for preventing grandparent scams
Grandparent scams are a particularly pernicious fraud, one that preys on seniors' love, care and concern for their family members. ...
ABA unveils new videos on scams targeting seniors
As part of its Safe Banking for Seniors campaign, the ABA Foundation today released seven new videos intended to help ...
FinCEN advisory addresses elder financial exploitation’s growing threat
The advisory highlights behavioral and financial red flags to aid banks with identifying, preventing and reporting suspected abuse.
Podcast: Giving Thanks with America’s Banks
The latest episode of the ABA Banking Journal Podcast continues a pre-Thanksgiving tradition by interviewing the winners of ABA's 2021 ...
Survey: Banks Continue to Offer More Products Favorable for Older Customers
As older Americans—those born before 1965—hold 65% of deposit balances in the U.S., banks have continued to offer more products ...
FTC: Fraud Cost Older Americans More Than $600 Million in Losses in 2020
The Federal Trade Commission’s Consumer Sentinel Network took in more than 334,000 fraud reports filed by Americans age 60 or ...
The Financial Fraud Epidemic
As the COVID-19 pandemic turns one, bankers and cyber experts reflect on the rapid rise of scams and fraud schemes ...
Podcast: Celebrating Bankers’ Community Commitment
The ABA Banking Journal Podcast continues a pre-Thanksgiving tradition by interviewing the winners of ABA's 2020 Community Commitment Awards. These ...
Understanding Powers of Attorney to Protect Seniors
Americans don’t like to talk about money. But when a serious and sudden health event takes place, powers of attorney ...
