A consortium of groups that includes CUNA has introduced a "toolkit" aimed at preventing and ultimately stopping financial abuse of elderly. BITS, a non-profit industry consortium that focuses on ensuring security, privacy and integrity of financial transactions, is distributing the kit through its member associations.
Titled the "BITS Fraud Protection Toolkit: Protecting The Elderly And Vulnerable From Financial Fraud And Exploitation," the toolkit is aimed at assisting financial institutions in their efforts to protect vulnerable populations.
For info: www.cuna.org.
