Every year on June 15, World Elder Abuse Awareness Day highlights a crisis that often goes unnoticed until the damage is done. While elder abuse can take many forms, financial exploitation remains the most prevalent and fastest growing.

For banks and credit unions, this is not only a social issue; it is a matter of risk management, regulatory compliance, and customer trust. As stewards of consumers’ money, financial institutions are uniquely positioned to detect, disrupt, and prevent elder financial abuse across every payment channel, often before losses become irreversible.

Watch our video below and click Read More for the related blog article and staff job aid from Crissy Terry, VP, ePayAdvisors, as well as other resources, in the Fraud Forum community: