ABA Foundation, FTC Partner for Impostor Scam Information Campaign
The ABA Foundation, in collaboration with the Federal Trade Commission, released a new infographic today to educate consumers on impostor ...
Tag: Protecting older Americans
ABA Foundation Awards Seven Community Commitment Awards
The ABA Foundation today recognized seven banks for their outstanding commitment to their communities.
Fraud-Related Losses Rise Among Older Consumers
Consumers aged 60 and older lost nearly $440 million to fraud in 2019, a $40 million rise from the prior ...
CFPB Study Examines Trends in Retiree Spending Levels
A new study by the Consumer Financial Protection Bureau today found that just over half of retired Americans who retired ...
Four Ways Banks Protect Seniors by Reducing Social Isolation
For seniors, social distancing saves lives but breeds vulnerability to fraud. Here’s how banks are protecting older Americans’ finances in ...
Responding to America’s Diverse Financial Education Needs
How banks of all sizes are delivering tailored financial education programs that meet the needs of distinct—and vulnerable—groups in their ...
COVID-19 Scams and the Elderly: Inspiring Savvy Seniors
Compliance professionals are uniquely positioned to educate older Americans about the growing number of scams surrounding the pandemic.
Podcast: Red Flags for ‘Money Mule’ Scams
Amid the coronavirus pandemic, cybersecurity and fraud analysts have noted an uptick in "money mule" scams. Banks increasingly need to ...
DOJ Charges Record Number of Elder Fraud Cases
The Department of Justice has charged more than 400 defendants responsible for more than $1 billion in losses this year ...
Losses from Romance Scams Increased in 2019, FTC Finds
Consumers lost $201 million to romance scams in 2019, an increase of nearly 40% from a year prior, according to ...
SPONSORED CONTENT
