Elder Financial Exploitation: Trends & Threats
Nasdaq Verafin
February 7, 2025
Highlighting the latest trends and threats in elder financial exploitation, this infographic explores FinCEN’s recent Financial Trend Analysis, and other industry insights, to provide an overview of how elderly persons are targeted, and how financial institutions can help prevent this prevalent crime.
About Nasdaq Verafin
Nasdaq Verafin is the industry leader in enterprise financial crime management, providing a cloud-based, secure software platform for fraud detection and management, BSA/AML compliance and management, high-risk customer management and information sharing. More than 1,200 credit unions use Nasdaq Verafin to effectively fight financial crime and comply with regulations. Leveraging its unique big data intelligence, visual storytelling and collaborative investigation capabilities, Nasdaq Verafin reduces false positive alerts, delivers context-rich insights and streamlines BSA/AML compliance processes. Nasdaq has industry endorsements in 45 states, including the TBA, WBA, FBA, MBA, and CUNA Strategic Services.