MFF guide - keeping you safe from fraud

We are targeting not just small and medium businesses across the East and West Midlands, but the people both inside and outside those businesses.

Fraud can happen to anyone, at any level, so read on and find out how you can protect yourself and your business.

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Digital Money for Seniors

We share a data-driven guide called “Digital Money for Seniors”.  It explores key facts and challenges faced by the elderly in a world increasingly accustomed to digital banking. 

This guide shares important insights such as:

·       How the rapid move towards online banking and digital services risks leaving older people behind.

·       The importance of digital inclusion and age-friendly banking to reliably meet the needs of the elderly. 

·       Great examples of industry initiatives that help teach and support seniors to use digital services.

·       Useful tips and advice to offer help to elderly relatives or friends when using smartphones and the internet.

Research found:

·       42% of over 75s (nearly two million people in England) weren’t using the internet and are still digitally excluded.

·       49% of people aged 55 and over said they weren’t confident using an app to apply for a credit card or loan.

·       Bank branches and cashpoints (ATMs), relied upon by many seniors, are disappearing at a rapid rate across the UK.

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