Introduction to Age-Friendly Banking
What you'll learn
- Describe the key elements that make banking services accessible, convenient, and user-friendly for older adults.
- Analyze global best practices and case studies of age-friendly banking initiatives.
- Develop strategies for financial resilience, inclusion, and consumer protection for older adults.
- Implement effective employee training and customer education programs to enhance age-friendly banking services.
- Address challenges such as privacy concerns and fraud prevention in age-friendly banking.
Who is this course for
- Bankers and financial services providers
- Economists
- Financial Planners
- Customer service professionals
- Regulatory compliance officers
- Demographic experts
- Consumer protections professionals
Course content
- Course Goals, Structure, and Expectations.
- Aging and Cognitive Changes, Financial Decision Making, Challenges and Strategies
- Tools and Resources, Legal and Financial Planning
- Healthcare and Investment Decisions, Emotional Well-being, Case Study Analysis
- Key Takeaways, Further Learning
- Interview with Prof. Anina Hille, on the effect of the changing demography on Labor markets
- Interview with Mr. Kai Kaufhold, on practical insights and future trends in longevity risk
- Interview with Prof. Dr. Oliver Kruse on aging and its effect on global trends in real estate and interest rates
- Defining Age-Friendly Banking: The business case for Age-friendly Banking; What do older adults want from their bank?
- Financial Resilience
- Financial Inclusion
- Financial Consumer Protection
- Employee Training and Awareness
- Customer Education
- Elder Fraud Detection, Prevention, and Reporting
- Charitable Engagement and Partnerships
- Innovation For Older Adults Within the Age-Friendly Framework
- The Political Economy of Financial Inclusion
- What Is the Difference?
- The Story of M-Pesa in Developing Countries
- What Is the Case of Financial Inclusion in High-Income Economies?
- Leverageing The Power of Underserved Communities.
- The Role of Regulation in Promoting Small and Medium Businesses
- Introduction to Saving Circles
- ROSCAS, SACCOS & Tontines
- The Advantages and Disadvantages of Saving Circles
- Saving Circles in The Digital World
- Theories of Aging
- The Hallmarks of Aging and Genomics
- The Aging-Mortality Relationship
- From Micro to Macro
- The Anti-Aging & Longevity Industries
- Examples: Altos Health
- We Need More Research
- Examples - Tomorrow.io
- The Evidence-Based Research
- Cardiovascular Disease
- Cancer
- Type II Diabetes
- Neurodegenerative Diseases
- Lifestyle
- Current Longevity Medicine
- Rapamycin
- Metformin
- Resveratrol
- Caloric Restriction
- Amino Acid Restriction
- Hormonal Optimization
- Stem Cell Therapies
- Biohacking
- Measuring Cellular Aging
- How May the Future Look Like
- Introduction
- Defining Social Capital
- Navigating Relationships
- Grandparenting
- Solitude vs. Loneliness
- Caregiving
- Introduction
- Ageism, Loneliness vs. Isolation
- Late Blooming
- Intergenerationally
- What Can Women Do in Their Extra Decades of Life
- Introduction
- Epidemiology of Women's Health
- Biomarkers in Women
- Interventions to Optimize Longevity
- Challenges and Future Directions
- Financial Independence of Women Over 50
- Income Dynamics and Gender-based Disparities
- Mastering Finance after 50
- Empowering Wealth in the Second Half of Life
- Explore the Nuanced Foundations Shaping the AgeTech Landscape
- Understand the Essential Principles of Aging and Their Impact on Technology and Innovation
- Examine Real-World Challenges Faced by the Aging Population
- Analyze Case Studies Showcasing Innovative Tech Solutions Transforming the Aging Experience
- Stay at the Forefront by Analyzing the Latest Trends Impacting AgeTech
- Identify and Strategize Around Untapped Opportunities Within the Expansive Aging Market
- Learn from the Strategies and Playbooks of Industry Giants Participating in the AgeTech Revolution
- Explore Future Directions and Potential Innovations in the AgeTech Sector
- Discuss How Emerging Technologies Can Further Enhance the Lives of Older Adults
- Demographic Analysis, Feminization of Old Age, Impact on Labor Market, Economic Status of the Elderly, Health and Social Wellbeing.
Skills covered in this course
Requirements
- No previous knowledge required
Description
Faculty
Dr. Ira Sobel is the founder and Academic Director of Fintech for Longevity Academy, a trusted provider of financial longevity for corporate professionals around the world. Dr. Sobel specializes in the economic aspects of aging with a particular focus on the role of Fintech in improving the financial well-being of older adults and their families. Dr. Sobel lives in Israel where she is currently teaching a course on “Financial Inclusion in the Fintech Age” at The Hebrew University of Jerusalem. She is an international speaker and advisor to many Fintech companies and VCs around the world. Dr. Sobel has a PhD in Sociology from Tel Aviv University.
Ronald C. Long retired in 2022 as the Head of Aging Client Services for Wells Fargo. In this role, he worked with all of Wells Fargo’s business units to help them stay abreast of the changing regulatory environment on issues related to the aging client. With his leadership, Ron is helping all business lines focus on the day-to-day needs of aging clients and their families. Ron worked in sales for Armstrong World Industries and West Point Pepperell. He is a graduate of Williams College and received his law degree from Georgetown University Law Center.