Articles from Carefull

Fueled by artificial intelligence, new scams and fraud schemes targeting older adults are evolving daily, costing families over $29 billion in 2024 alone according to the FTC. In parallel, research continues to shed more light on the intersection of brain health, age, and finance. Today, Carefull, the company redefining financial safety for older adults and their families, announced live from the Money20/20 stage the launch of GreyMatter, its proprietary artificial intelligence engine built to detect, prevent, and predict the complex risks of aging and money.

Quotient Wealth Partners has selected Carefull, the first financial safety platform built to protect clients’ wealth and legacy, as its new partner in financial safety and asset protection. This partnership enhances Quotient’s mission of providing personalized, values-driven financial advice by adding proactive protection that help secure client assets and support multigenerational planning.

Carefull, the first financial safety platform built specifically for older adults and their families, announces the launch of LegacyKit, a secure digital solution that automatically and seamlessly collects essential financial information and ensures it reaches loved ones when it’s needed most—while giving financial advisors a powerful new way to build next-generation relationships and reduce asset attrition.

Tucoemas Federal Credit Union has chosen Carefull, the first financial safety platform purpose-built to protect older adults and their families from fraud, scams, and money mistakes, as its new financial safety partner. This partnership extends Tucoemas’ long-standing mission of “Rising Together, Anything is Possible” by providing older members and their loved ones with proactive financial security tools and protection against today’s growing threats of elder exploitation.

Carefull, the first financial safety platform built specifically for older adults and their families, is proud to support the Alzheimer’s Association in raising awareness of the financial warning signs of cognitive decline and equipping families with tools to take early, protective action to prevent fraud and mistakes. Carefull is proud to support the care, services and research initiatives of the Alzheimer’s Association. The Alzheimer’s Association will provide information and resources aimed at helping families affected by dementia navigate financial challenges on Carefull’s website.

Carefull, the first financial safety platform built specifically for older adults and their families, announces the launch of Carefull ScamCheck, an AI-powered scam detection tool designed to instantly detect, analyze, and prevent scams before they cause financial harm.

Carefull, the award-winning financial safety service built to protect credit union members from elder fraud, the latest scams, and money mistakes, is proud to announce a strategic partnership with Merck Employees Federal Credit Union (MEFCU). As fraud reaches unprecedented levels, MEFCU is taking action to enhance member experience and security by offering Carefull’s unique suite of proactive account monitoring, identity protection, and issue resolution services to all members, their parents, and even next-generation caregivers.

Carefull today announced a new partnership with Cetera Financial Group (Cetera), a leading financial services firm and one of America’s largest networks of financial professionals. Through a collaborative and strategic partnership, Cetera financial professionals now have access to Carefull’s state-of-the-art technology, which is purpose-built for those aged 55+, along with the 45 million Americans who support them. Carefull provides a simple tool for financial professionals to retain assets and deepen relationships with beneficiaries ahead of wealth transfer.

Carefull, the first digital platform built to protect the daily finances of older adults, today announced it has successfully analyzed and protected $2 billion of transactions from fraud and financial threats in 2022. The company milestone comes as the nation recognizes National Family Caregivers Month and Carefull celebrates the sacrifice and support that all caregivers make for their loved ones, especially their critical role in what Carefull calls “financial caregiving,” the daily monitoring and coordination of an aging loved one’s money. In 2022, Carefull’s commitment to caregivers and the financial partners that support them is reinforced by the company’s expanded product suite built to defend seniors’ finances.

Carefull, the first digital platform built to protect and manage the daily finances of older adults, today announced two new product features: Vault and Trusted Contacts. Integrated into the Carefull platform, these state-of-the-art features directly serve the advisors, banks and financial caregivers that aid aging loved ones. Vault and Trusted Contacts are designed specifically for the senior market to keep sensitive financial information secure, support cross-generational relationships and provide a safe yet simple platform to manage their financial health as they age.

Carefull, the first digital platform built to protect the daily finances of older adults, today announced a pilot program with Nationwide and their Innovation team, leveraging access to Carefull’s safe money monitoring technology.