A framework to facilitate older people in leveraging online financial services

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Abstract

Older people are encountering digital exclusion due to the evolving technological realm. The use of digital financial services among older people aged 65 and over is low in comparison to other age groups. A wide range of challenges are associated with older people’s low usage of online financial services. Hence, interventions have to be developed to reduce the exclusion. In order to create interventions, factors which contribute to their challenges have to be identified. This paper elucidates a framework which was developed from qualitative data that could be leveraged to develop potential solutions by focusing on the main factors which could prevent them from fully utilizing digital financial services. Not only would this framework be beneficial for older people but also for intermediaries who assist older people in accessing digital financial information as this tool could aid them in choosing the appropriate solution required to help the individual to use online financial services.
Original languageEnglish
Title of host publicationSustainability and Empowerment in the Context of Digital Libraries
Subtitle of host publication26th International Conference on Asia-Pacific Digital Libraries, ICADL 2024, Bandar Sunway, Malaysia, December 4–6, 2024, Proceedings, Part I
EditorsGillian Oliver, Viviane Frings-Hessami, Jia Tina Du, Taro Tezuka
Place of PublicationCham
PublisherSpringer
Pages305-319
Number of pages15
ISBN (Electronic)9789819608652
ISBN (Print)9789819608645
DOIs
Publication statusPublished - 6 Dec 2024
Event26th International Conference on Asia-Pacific Digital Libraries, ICADL 2024 - Bandar Sunway, Malaysia
Duration: 4 Dec 20246 Dec 2024

Publication series

NameLecture Notes in Computer Science
Volume15493
ISSN (Print)0302-9743
ISSN (Electronic)1611-3349

Conference

Conference26th International Conference on Asia-Pacific Digital Libraries, ICADL 2024
Country/TerritoryMalaysia
CityBandar Sunway
Period4/12/246/12/24

Keywords

  • framework
  • older people
  • online financial services
  • digital interactions
  • digital exclusion

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