Wednesday 20 February 2019 by team
According to AARP, one in five older Americans are victims of financial exploitation each year, losing up to US $120,000 per episode, which is the amount a typical 50-plus household has in retirement savings. To make matters worse, many don’t believe they will become vulnerable, and perpetrators could be strangers, family members, or close friends.
The key purpose underlying FinTECH4Life is to explore how we might better serve the large and growing market of consumers over 55. The arc to life from 55 and beyond, culminating in the end of life is, as complex and diverse as we might imagine. Understanding the needs of those consumers requires an analysis of the intersection of
The inaugural meeting of the FinTECH4Life Steering Committee met in Central London at the end of January to discuss, topics, content and agenda for the upcoming event. The inevitability of aging is one that will affect all of us. Developing financial products for those later in life is a is not a niche market – it
By Theodora Lau, Founder, Unconventional Ventures and Member, FinTECH4Life Steering Committee I recently watched a movie called “Nostalgia”, with multiple storylines centered around human relationships and the memories they leave behind after their passing. The question of legacy is something that we have grappled with for many years – but has taken on a different
Are you looking to solve problems for more mature consumers? The FinTech community shouldn’t miss this opportunity to set their sights on new challenges. Given the changing demographics in the UK (and many other countries around the world), significant value can be delivered to what is an economically powerful and growing community. We are looking