New technologies can protect adults from fraud: reports (McKinght’s Senior Living):
“New technologies can help protect older adults from fraud, according to two reports recently published by the World Economic Forum.
Aging experts from around the world, convened by the WEF’s Global Agenda Council on Aging and the Vitality Group, met for the past two years and determined ways that new technologies will enable older adults to more easily and safely engage in banking and insurance activities…Specifically, they said:
- Physicians should be trained to discuss cognitive decline with their patients, especially as it relates to their financial and personal affairs.
- Financial services employees should be trained to help their clients plan for the possibility of future cognitive impairment. They also should be trained to recognize signs that a client is beginning to experience cognitive decline.
To access the reports and learn more: