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Researchers propose proxy bank accounts to protect seniors from financial abuse by caregivers.
Older adults commonly share banking passwords with trusted caregivers, exposing them to financial abuse risks.
Current banking solutions like trustee and joint accounts have limitations.
Researchers propose proxy accounts, which provide caregivers with their own login credentials, allowing them to perform banking tasks with set limits to protect older adults' finances and privacy.
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Los investigadores proponen cuentas bancarias indirectas para proteger a las personas mayores del abuso financiero por parte de cuidadores.