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Business Daily

Excluded from digital banking

Business Daily

BBC

Business

4.4816 Ratings

🗓️ 2 June 2022

⏱️ 19 minutes

🧾️ Download transcript

Summary

With more and more of our financial lives moving online, we ask whether some people are getting left behind.

Claire Williamson investigates whether some older people, who struggle with rapidly changing technology or fear losing their money through scams, are being forgotten about, as banks close branches and move online?

Claire hears from people attending a digital skills training session organised by Age UK in East London and Carlos San Juan from Valencia in Spain tells her why he started a campaign for a more humane treatment of older people by Spanish banks.

Producer / presenter; Claire Williamson Image: Euronet ATM machine; Credit: Getty

Transcript

Click on a timestamp to play from that location

0:00.0

I had this secret. I robbed banks in my spare time.

0:06.4

Lives less ordinary from the BBC World Service.

0:09.6

This is not a good thing to do because police are after you.

0:14.9

Find out more at the end of this podcast.

0:18.4

Hello, I'm Claire Williamson. Welcome to Business Daily from the BBC. What's it like to be cut off from your money in the digital world?

0:27.2

They want everybody to have a card, so you don't even know what you got in your bank. If you want to know, you have to go on the internet again to find out.

0:36.3

And how lockdown changes to banking services made many older people feel disempowered and lonely.

0:42.2

It made it worse because digitally, you know, they were not savvy. They were not connected.

0:47.9

And if they had to ask, they had to go and ask their child who was probably working from home

0:51.7

in the next room, you know, that how do I connect? How do I check my bank?

0:56.2

How do I check how many funds I have? You know, how do I pay my bills? And that sense of dependency

1:01.0

sort of made matters worse. In today's Business Daily from the BBC, we look at the impact

1:07.0

that moving away from face-to-face banking is having on older people around the world and find out

1:12.3

whether enough is being done to help them. So today we're going to go through how to scan a document

1:20.4

using Google Drive. I've come to a digital skills training session organised by Age UK at a community centre in East London

1:29.2

and today's class is on how to scan a document.

1:33.1

So if you tap on the Google Drive app...

1:37.3

Using a mobile phone or digital device is second nature to many of us who spend much of our lives online.

1:44.1

But for Gulros, Anne and Wapolola,

1:46.6

three ladies of a certain age who are regulars at the training group,

1:50.3

it's difficult grasping new skills with gadgets,

1:53.0

and that can be disempowering.

...

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