elder abuse

Nacha Updates Resources to Help Financial Institutions Protect Seniors From Fraud

Nacha Updates Resources to Help Financial Institutions Protect Seniors From Fraud
Nacha Updates Resources to Help Financial Institutions Protect Seniors From Fraud
June 12, 2025  |  Fraud Prevention

Nacha’s Payments Innovation Alliance has updated two of the tools it offers to help financial institutions protect older Americans from financial fraud. Get the Full Story...

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Consumer Watchdog Warns Against Elder Financial Abuse
Consumer Watchdog Warns Against Elder Financial Abuse
July 17, 2019  |  Safety and Security

The Consumer Financial Protection Bureau (CFPB) is urging financial institutions to report any suspicions they may have about financial exploitation of elderly people, the organization...

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Banks Fight Back Against ‘Fake Grandchild’ Scammers Who Target Seniors
Banks Fight Back Against ‘Fake Grandchild’ Scammers Who Target Seniors
January 25, 2019  |  Fraud Prevention

Get ready for even more fake grandchildren when it comes to payments fraud. That’s one of the sad facts of life as more consumers hit...

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House Approves Bills To Prevent Financial Abuse Of Seniors
House Approves Bills To Prevent Financial Abuse Of Seniors
January 31, 2018  |  Safety and Security

A duo of bills passed in the U.S. House of Representatives on Monday (Jan. 29) that would curb financial abuse of senior citizens and also...

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