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Market Overview for Technology for Aging in Place

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AARP Innovation@50+ LivePitch Announces Caregiving Health Technology, and Financial Technology Finalists

03/08/2017

AARP is pleased to announce the finalists of its sixth Innovation@50+ LivePitch event in the categories of caregiving health technology and financial technology. The 20 startup companies, ten in caregiving health and ten in financial technologies will be part of the dual-pitch event which will be held Wednesday April 12 and Thursday April 13, 2017, at the Computer History Museum in Mountain View, CA. Innovation@50+ LivePitch is unique in bringing together innovative startups pitching before expert judges and AARP members.

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AARP Experts Share Insights at CES

12/29/2016

WASHINGTON, Dec. 29, 2016 /PRNewswire/ -- To further the discussion on how technology and innovation impact the lives of people 50-plus, AARP today reveals its lineup of CES presentations addressing relevant trends from autonomous vehicles to intergenerational technology.

True Link Launches Tech-Enabled Investment Advisory Service for Retirees

11/22/2016

True Link Financial, the leading financial services provider for seniors, today announced the completion of a $3.6 million round of funding with participation from Kapor Capital, Initialized Capital, Symmetrical Ventures, and the Ziegler Link-Age Longevity Fund, LP. This investment brings True Link’s cumulative funding to $7 million in equity and venture debt since the company’s launch in 2012.


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True Link to Acquire Next Step

08/04/2016

SAN FRANCISCO, Aug. 4, 2016 /PRNewswire/ -- True Link Financial, Inc., announced today that it has acquired substantially all of the assets of Next Step Network, LLC., a Florida-based issuer of payment cards to people in recovery from alcohol or drug addiction.

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These hacker attacks make Y2K look trivial

Does anyone remember Y2K?  It happened just 15 years ago. The $100 billion in the US -- $350 billion worldwide -- that was spent to convert information systems to move from a 2-digit year to a 4-digit year, well, it seems so last century. The belief at that time: The move from the YYMM format of dates in all systems everywhere (all military, government, and commercial) in the year 2000 would create a "0001" January 1, 2000 date format that would result in disaster. Checks couldn’t be issued, military systems would fail, hospitals and power plants would shut down or off. This was preceded by sky-is-falling anxiety, particularly among IT people who bore the brunt of redirecting work to code this change.

Senior Financial Abuse and Exploitation Costs Americans $36.48 Billion per Year -- TrueLink Financial

01/28/2015

SAN FRANCISCO, Jan. 28, 2015 /PRNewswire/ -- American seniors are losing $36.48 billion every year to senior fraud, exploitation and financial abuse—more than 12 times the most widely reported previous estimate.

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