9/12/2016 - Reports Detail How to Help Older Adults Avoid Financial Fraud

The world’s population of older adults is expected to double to 2 billion by 2050. With these unprecedented demographic changes, the potential for fraud associated with cognitive decline is becoming a pressing issue in the financial services industry. Two reports published online today by the World Economic Forum (WEF) found that new technologies can assist in protecting older adults from fraud, and that financial services organizations are uniquely positioned to capitalize on gains in longevity using technology.