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 ...
Tag: Protecting older Americans
ABA Foundation Seeks to Reach ‘One Million Minds’ Through FinEd Programs in 2020
The American Bankers Association Foundation is calling on banker volunteers to help reach one million consumers with banker-led financial education ...
ABA Data Bank: Banks Continue to Serve and Protect Older Americans
Access the ABA Foundation's Older Americans Benchmarking Report.
New Analysis from FinCEN Notes Uptick in Elder Financial Exploitation
The number of Suspicious Activity Reports related to elder financial exploitation has risen dramatically over the past several years, as ...
Podcast: Celebrating Bankers’ Community Commitment
The latest episode of the ABA Banking Journal Podcast continues a pre-Thanksgiving tradition by interviewing the winners of ABA's 2019 ...
Survey: Banks Ramp Up Efforts to Protect Older Americans from Financial Abuse
As the population of older Americans continues to grow—and with seniors increasingly the targets of scams—a majority of banks are ...
Podcast: Enlisting Trusted Caregivers to Help Prevent Elder Fraud
Nearly 15% of Americans—more than 34 million people—are serving as caregivers for adults over 50. In November, recognized as National ...
FTC Finds Fraud-Related Losses Up Among Older Consumers
Consumers aged 60 and older lost nearly $400 million to fraud in 2018, according to a report submitted to Congress ...
Eight Banks to Receive Community Commitment Awards
The American Bankers Association Foundation has recognized eight banks for their outstanding commitment to their communities.
CFPB Issues Advisory on Reporting Elder Financial Abuse
The Consumer Financial Protection Bureau yesterday released an advisory to financial institutions for reporting suspected elder financial exploitation.
