Carefull

Wildfires in and around Los Angeles are leaving a path of destruction and forcing tens of thousands of people to evacuate. They also are spurring con artists to take advantage of the situation. Here's what to know to avoid scams that prey on both victims of natural disasters and those who want to donate to help victims. #scams #scamalert #fraudprevention https://lnkd.in/eRe2pFbF

Financial fraud and exploitation cases have doubled since 2020, targeting older adults with increasing sophistication. The Financial Health Network’s recent report underscores the need for preventative solutions that protect this critical population from scams and financial mistakes. Carefull works with financial institutions to deliver:  -Real-time identity, fraud, and financial mistake monitoring  -Secure collaboration tools for families and trusted contacts  -Financial confidence for older adults Banks and credit unions have a unique opportunity to lead the charge in protecting older adults while building trust and loyalty across generations. And as the Financial Health Network report points out, Carefull incorporates robust security features to keep our members' information safe. Learn more about how Carefull is playing a vital role in protecting older adults from fraud and exploitation. https://lnkd.in/e2Yak8HR #fintech #agetch #fraudprevention

An overwhelming majority of Carefull members -- 75% -- have taken advantage of the option to add a family member to their account or add a family member as a trusted contact. When Carefull members engage family members within our financial safety platform, they increase their level of protection. Our financial institution and wealth management partners also benefit from this engagement because it offers them an opportunity to connect with those family members -- leading to multi-generational relationships. To learn more about how Carefull's platform can help your financial institution or wealth management firm foster whole-family relationships, contact our team today. https://lnkd.in/eqxC_7wm #wealthtransfer #wealthmanagement #financialinstitutions #banking #creditunions

Thank you Walt Laskos, CUDE for inviting Carefull Director of Education Cameron Huddleston on One-on-One with Walt Laskos to share advice on how to protect older adults from romance scams and how Carefull can play a role in early detection of the financial signs of romance scams. #RomanceScams #Scams

A new statement issued by federal and state regulators on combating elder financial exploitation signals growing pressure on financial institutions to safeguard older account holders from fraud. Implementing the practices recommended by the regulators can take both time and money. However, there is a fast and affordable way for FIs to enhance fraud protections: Carefull. Careful partners with FIs to provide their older account holders with elder-specific monitoring, education, support and a secure trusted contacts system. Learn more about our market-ready solution: https://lnkd.in/eFCHbSVr #fraudprevention #elderfinancialexploitation #elderfraud #fintech #agetech

In part one of her Scammed series for The Washington Post, Michelle Singletary lifts the curtain on how scammers persauded Judith Boivin to hand over most of her life's savings over the course of three months. It's a must-read to learn how government imposter scams work. A few of the key takeaways: -The scammers claimed to be with local law enforcement and the FBI , said Judith's Social Security number had been used by a drug cartel to open accounts and asked her to cooperate to help catch the criminals. -The scammers swore Judith to secrecy, telling her not to talk to anyone because it could jeopardize the investigation. -The scammers claimed that her accounts weren't safe and she needed to move her money into a government "safety locker." Check out this excellent series to learn more about the inner-workings of imposter scams. And if you're a financial institution or wealth management firm looking to protect the older adults you serve from fraud and scams, Carefull can help with our smart money-monitoring platform and trusted contacts feature that gives family members insight into aging loved ones' finances. https://lnkd.in/gZ8zQniA #fraudawareness #scams #fraudprevention

If you are a member of the Hawaii Credit Union League, you don't want to miss the "Tackling Elder Fraud and Financial Safety" webinar on December 4 at 3 p.m. EST/10 a.m. HST. Carefull Senior Account Executive Evan Willingham will be sharing effective strategies to protect older adult members from financial fraud while retaining meaningful, long-lasting relationships. Sign up today: https://lnkd.in/e8Qf9WSb #elderfraud #fraudprevention #creditunions #agetech

Our Co-Founder, Todd Rovak, recently joined Paul Karlitz, CEO of Sagient and Pacific Reach, to explore how they are using Carefull to better support older investors and their families. When advisors take a holistic approach to protecting their clients' financial lives, it not only strengthens the client relationship but also helps develop a relationship with their caregivers-extending your relationship to the next generation. At Carefull, we’re proud to partner with innovators like Sagient, part of MassMutual, to reimagine financial care and protection for older adults and their families.

Thanksgiving might seem like the perfect time to have family money talks. However, a holiday meal is not ideal for discussing sensitive topics such as your finances, estate planning or long-term care. See our advice on when and how to have these essential conversations: https://lnkd.in/eAi769kB #familyfinances #financialplanning

As a record 183.4 million Americans shop online and in stores Thanksgiving through Cyber Monday, scammers will be out in full force looking to take advantage of them. Find out what schemes will be circulating this holiday season to protect yourself and your loved ones or your customers and clients. https://lnkd.in/gQqVNgdj #ScamAlert #fraudprevention