Monday, November 13, 2023

Charlie Launches Fraud Protection Tool For Seniors

Los Angeles-based online banking services provider Charlie announced this morning that it has launched a new fraud protection tool, which it says specifically protects those 62 and older from "rampant financial fraud". According to the company, the new set of tools--called "FraudShield"--include tools that make a user's card inactive when they are not using it, ability to block all online transactions, ability to only allow certain merchants to charge to a user's card, maximum card and ATM withdrawal limits, and much more. Charlie recently raised $23M in a Series A funding round.

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