With high temperatures gripping the U.S. this summer, you should be on the lookout for scammers claiming to be with utility companies. Utility scams tend to increase during extreme weather to take advantage of people looking for ways to cut energy costs or to scare them into believing that their service will be cut off. Here's what to know: https://lnkd.in/e5sEjvCm #scamalert #scams #fraudprevention
Carefull
Financial Services
New York, NY 2,516 followers
AI-driven defense of money, credit, identity, passwords and critical documents. For older adults and their families.
About us
Carefull is an AI-powered financial safety platform that helps banks, credit unions, and wealth advisors protect older adult customers from fraud and money mistakes. In doing this, we help financial institutions win whole family relationships while protecting their clients. Carefull's technology tackles senior-specific challenges to financial safety. Our financial monitoring identifies potential fraud patterns not picked up by industry-standard tools, because they do not have our expertise in understanding the unique exposures people face as they age. Our other features, including identity theft protection, password and document management, communication, and how-to content, are all created to help your customers maintain financial independence and facilitate their loved ones stepping in to help.
- Website
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http://www.getcarefull.com
External link for Carefull
- Industry
- Financial Services
- Company size
- 11-50 employees
- Headquarters
- New York, NY
- Type
- Privately Held
- Founded
- 2019
Locations
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Primary
335 Madison Avenue
New York, NY 10017, US
Employees at Carefull
Updates
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Happy Fourth of July from all of us at Carefull. #independenceday #july4th
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There's been a recent surge in reports of calls from scammers impersonating Publishers Clearing House employees and claiming that people have won millions of dollars and a new car. Find out how this scheme works and what to do to avoid this and other sweepstakes scams. #scamalert #scams #fraudprevention https://lnkd.in/ezwjdTHn
How to Avoid Sweepstakes Scams | Take Care
getcarefull.com
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Larry Swedroe's recent article in WealthManagement.com highlights the impact of cognitive decline on investment decisions. He points to recent research that shows that older adults who are unaware of their cognitive decline tend to suffer greater wealth loss and suggests there is a need to put plans in place before cognitive decline begins. At Carefull, we believe that putting systems in place to protect older adults' finances as they age and potentially experience cognitive decline is essential. Our award-winning platform detects changes in financial behavior that can be related to cognitive decline and helps our wealth management partners and their clients and families stop small issues before they become big problems. #agetech #fintech #cognitivedecline https://lnkd.in/g229jSKX
Aging and the Impact of Cognitive Decline on Investment Decisions
wealthmanagement.com
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Now that it's summer and the travel season is in full swing, be on the lookout for hotel booking scams. Travelers are being tricked into booking hotel rooms on websites that look official but actually aren’t affiliated with any hotels or legitimate travel booking sites. Find out how these scams works and what to do to avoid them. https://lnkd.in/ejRzg4Ee #scamalert #scams #travelscams
Watch Out for Online Hotel Booking Scams | Take Care
getcarefull.com
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A bill that requires financial institutions to delay transactions when elder fraud is suspected is advancing in the California legislature. If the bill becomes law, California would join a growing number of states that have been enacting laws that allow financial institutions to intervene when they suspect that older adults are being exploited. Carefull is proud to be helping financial institutions in the fight against elder fraud. Our smart money-monitoring platform catches the early warning signs of exploitation, alerts older adults and their trusted family members, and provides support to resolve issues before they become big problems. https://lnkd.in/eTHuVhs2 #elderfraud #elderabuse #fraudprevention #fintech
A California senior lost $700K to scammers. Now she’s asking the state to slow bank transfers
calmatters.org
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June is Alzheimer's and Brain Awareness Month. Research shows that those with Alzheimer’s disease and related dementias were more likely to miss bill payments up to six years before a diagnosis compared with healthy adults. That's why it's important to take note if you notice a change in your loved one's financial behaviors. Keep an eye out for these financial signs of Alzheimer's and dementia. https://lnkd.in/gpck3RaF #alzheimersawareness #agetech
Financial Signs of Alzheimer’s Disease and Dementia | Take Care
getcarefull.com
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The pressure is on federal lawmakers to push through stalled legislation that would allow investment companies to intervene when they expect older clients are being exploited. Carefull agrees with the Financial Services Institute (FSI), the Investment Company Institute, the Insured Retirement Institute (IRI) Institute and SIFMA -- which are calling on the Senate to take up the Financial Exploitation Prevention Act -- that allowing financial advisors to delay disbursements when exploitation is suspected can safeguard older clients. Carefull was created to protect this vulnerable group of adults and is proud to be partnering with financial advisors to prevent elder financial exploitation with our safe money-monitoring platform. https://lnkd.in/ecryYNBa #fraudprevention #agetech #elderfraud
Scamming Seniors Is a Growing Problem. Wall Street Wants Washington to Stop It.
barrons.com
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Thank you North Carolina Bankers Association for highlighting the importance of protecting older adults from elder fraud. Carefull was thrilled to be a sponsor, and our head of sales, Jeremy Bass, was honored to share solutions for protecting vulnerable customers. #elderfraud #fraudprevention #agetech
During a #128thConvention panel tackling elder fraud, a group of industry experts discussed proactive solutions to protect your bank and your most valuable and vulnerable customers. A huge thanks to panelists Dave H. (Kreativelabs), Kristin Y. Powell (HomeTrust Bank), Robert Washburn (LifeStore Bank), and Jeremy Bass (Carefull) - and an extra thank you to Carefull for sponsoring this event!
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Have you read this week's The Wall Street Journal's article on romance scams? Are you worried that your clients or customers might fall victim to one? Stopping romance scams before it's too late is crucial to minimizing exploitation. Carefull's new romance scam alert finds the signs early and uses human and empirical evidence to help victims realize what's happening. Our solution goes beyond what's done in the article. We, of course, reach out to the victim, but do so earlier in the scam. We also leverage the victim's support network. Whether trusted contacts, caregivers, or fiduciaries our alerts help to broaden victim support to contend with the emotional manipulation that is a hallmark of these crimes. Check out the article here: https://lnkd.in/eJaSvkfS #financialplanning #financialadvisor #ria #romancescam #cpfb
‘She Hooked Me’: How an Online Scam Cost a Senior Citizen His Life’s Savings
wsj.com