This banking fintech for older Americans is launching a new feature to fight AI fraud

Scammers who use AI to impersonate loved ones often target seniors for financial fraud. Charlie cofounder Kevin Nazemi says his startup has new solutions.

Every year, older people lose $36 billion to financial fraud. AI has the potential to make this problem far worse since it allows fraudsters to impersonate banks and businesses. Worse, scammers can use AI to impersonate loved ones through video and voice.

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{URL}https://www.fastcompany.com/91143643/charlie-financial-fintech-older-people-ai-fraud-service{/URL}
{Author}Shalene Gupta{/Author}
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