Combating Financial Exploitation With EverSafe

Financial exploitation is a fast-growing form of abuse of seniors and adults with disabilities. Recent research shows that one in nine seniors have reported being abused, neglected or exploited in the past twelve months. Scams have grown increasingly more deceptive with the expansion of the internet – 156 million phishing emails are sent every day – and unfortunately seniors are most vulnerable to online attacks because their generation has received the least internet training.

Eversafe offers identify theft protection services that are specifically targeted to seniors. Founded by Howard Tischler in 2012, Eversafe combats the financial exploitation of older American’s through proprietary software that analyzes historical transactions to establish a personal financial behavior profile and analyzes daily transactions to identify erratic behavior. EverSafe is the only service designed to protect the entire family, including kids and aging parents. With features like specialized protection for seniors and a consolidated dashboard that shows all accounts for all family members all in one place, EverSafe saves time and reduces the stress of financial caregiving. Eversafe makes it easy to keep an eye on your family’s finances. Check out Eversafe to discover how they are using FinTech to prevent fraud and identity theft.

And want to learn about other startups disrupting the financial services industry? Discover more @ FinTech Nation.

Author: James Russo

James Russo is a digital product manager with a passion for transforming the financial services industry through design and technology.

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