Carefull is the first digital platform built to protect the daily finances of older adults, using senior-specific financial monitoring
A new monitoring tool aims to help seniors and their caregivers be on alert for potential fraud on their accounts, and it's now being used by a local bank.
Rich Gribaudo of West Roxbury has been banking with The Cooperative Bank for 50 years, and he recently signed up for the new money monitoring software program.Get New England news, weather forecasts and entertainment stories to your inbox.The bank partnered with a financial monitoring platform called Carefull last year.
Bank President John Battaglia said with a rise in fraud and scams involving seniors, Carefull is an important tool.. Co-founder Todd Rovak said it's being used by banks, credit unions and wealth advisors.