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Tag: Elderly

Wells Fargo Executive Drains $1,279,840 From Elderly and Disabled Customers’ Bank Accounts – Here’s How He Broke the System – The Daily Hodl

A Wells Fargo branch manager has stolen over $1 million from customers via unauthorized cash withdrawals, money transfers and cashier’s checks, according to a...

The big fintech fight for Hong Kong’s taxis

The last bastion of cash-only payment in Hong Kong is the taxi industry. Several fintech companies have attempted to introduce mobile payments, but with...

Movie Studio Expansion Halted Over Fears About OpenAI’s Sora

U.S. filmmaker Tyler Perry stopped the $800 million expansion of his studio in Atlanta over concerns about OpenAI’s new AI model, Sora, which creates...

Adapting Payment Systems for an Aging Population

As our society experiences a demographic shift towards an increasingly aging population, the realm of financial transactions is undergoing a transformation to cater to the unique...

US Bank Customer ‘Feels Like a Criminal’ After Thousands Stolen From Account, Pleas for Help Ignored for Months: Report – The Daily Hodl

An elderly couple in Chicago says thousands of dollars was abruptly stolen from their U.S. Bank account – and that was just the beginning...

US regulators crack down on AI playing doctor in healthcare

AI algorithms used to determine eligibility for US government healthcare coverage are increasingly verboten, the federal agency Centers for Medicare & Medicaid Services (CMS)...

2024: the year of financial inclusion

Financial inclusion – providing equitable access to financial services for disadvantaged groups – has been a persistent talking point across the banking industry in...

Financial middle management: the next major fintech opportunity for financial services innovators?

A significant shift is occurring in the demographic landscape, presenting unique challenges and opening new avenues for innovation, particularly in financial services. This demographic...

A One-and-Done Injection to Slow Aging? New Study in Mice Opens the Possibility

A preventative anti-aging therapy seems like wishful thinking.Yet a new study led by Dr. Corina Amor Vegas at Cold Spring Harbor Laboratory describes a...

JPMorgan Chase To Blame After $2,220,000 Drained From Bank Accounts in ‘Obvious Fraud,’ Alleges New Lawsuit – The Daily Hodl

A pair of elderly women are suing JPMorgan Chase for allegedly enabling a massive theft of over $2.2 million of their combined life savings. Lawyers...

Scientists Extend Life Span in Mice by Restoring This Brain-Body Connection

It’s easy to vilify body fat as just a layer of unwanted padding sitting silently beneath the skin. But these cells are surprisingly active....

Bitcoin ATM Numbers Decline Globally Despite Record-Breaking Year: Data

While Bitcoin continued to break records throughout 2023, the kiosks providing the option to acquire cryptocurrencies using cash or debit cards have been...

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