Charlie

Charlie is proud to share Family FraudShield, a first-of-its-kind virtual conversation guide to help Americans talk with their older parents and relatives about financial fraud this holiday season. The guide is designed to help families understand the financial fraud crisis affecting older Americans, covering an array of topics, including common scam tactics, fraud warning signs, understanding the most common scams, and strategies for safeguarding their financial health, all in just five minutes. Financial fraud is having a devastating impact on older Americans, and emerging technologies, like AI, are making it increasingly difficult to detect and prevent. Each year, over $28 billion is stolen from seniors, with the average victim losing $35,000. The emotional impact is equally severe, with 65% of victims experiencing stress, anxiety, sleep disturbances, and depression. However, research shows that when people are aware of a specific scam, they are 80% less likely to engage with it. Family FraudShield provides families with the latest information about financial fraud so they are empowered to work together to ensure they protect their money and keep it safe. Check out our announcement below!

Charlie's Head of Product Tony Brancato recently spoke with Financial Planning about ways to protect older Americans from financial scams.?

Please check out American Banker's story about the work Charlie?is doing to protect older Americans from devastating financial fraud.

Charlie's Head of Product Tony Brancato recently?joined Cornerstone Advisors'?Mary Wisniewski on her podcast, Money Isn't Everything. They chatted about SpeedBump, how shame is obscuring the full extent of the financial fraud crisis, and the unique needs of Charlie's customer base. Check it out!

Charlie co-founder & CEO Kevin Nazemi recently spoke with Tearsheet about the launch of SpeedBump,?the evolving role of financial services in addressing societal challenges like financial fraud, the ethical considerations surrounding AI implementation in finance, and the future of personalized banking and consumer protection.?Check it out here:

If you haven’t already, check out the launch of SpeedBump in Fast Company!

Today, Charlie launched SpeedBump, a pioneering new way to protect older Americans from financial fraud. You can read about the news in Fast Company. This is the latest step in our mission to help older Americans get the most out of their money and keep it safe. Through a proprietary combination of pauses, alerts, and real-time education, SpeedBump ensures customers are maximally aware of the latest information about fraud so they are empowered to protect their money during the moments they are most at risk. AI has unleashed a disturbing new wave of financial fraud and scams on this population, leaving them more vulnerable than ever. However, research shows that when people are aware of a specific scam, they are 80% less likely to engage with it, and if they do engage, they are 40% less likely to lose money or sensitive information. SpeedBump ensures customers are educated in real-time about their money’s movements and able to make informed decisions when it matters most. With tens of billions stolen from older Americans every year and fraudsters becoming more sophisticated, we believe it is our responsibility to build impactful technology to protect our customers. Check out today’s story in Fast Company or head to Charlie.com to learn more!

Charlie co-founder and CEO Kevin Nazemi recently spoke at #EMERGE Financial Health 2024. Along with?Rhian Horgan?and?Vikas Raj, he discussed the market opportunity to serve older Americans with fintech, ways to overcome barriers to adoption, and how to spur investment and innovation that caters to this population. #EMERGE2024

Charlie co-founder and CEO Kevin Nazemi will be speaking at #EMERGE Financial Health 2024 this Thursday, June 6. He’ll join the panel discussion, “Can Fintech Support Financial Health for Older Adults?” Hosted by Financial Health Network, this year’s special EMERGE event will bring together hundreds of leaders in Chicago June 5-7 to celebrate 20 years of #financialhealth.

Charlie is pleased to be included in the Financial Health Network and?The SCAN Foundation's?report, "Assessing the Fintech Market Against Age-Inclusive Standards." Please check it out!