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Consumers are increasingly using their smartphones, tablets and other mobile devices as "mobile wallets" to pay for goods and services, downloading software that allows them to complete both mobile and in-person transactions. As the use of mobile wallet services increases, consumers need to protect their smartphones, mobile wallet applications, associated data, and mobile wallet services from theft and cyber-attacks.

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At Washington Trust we have taken every precaution necessary to be sure our customer’s information is transmitted safely and securely, but you should always take precautions yourself to shield your money and your existing accounts. Here are a few best practices we recommend.

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As seen on The Rhode Show - While it might be the last thing you want to focus on, one of the first things you should consider after an Alzheimer's diagnosis is putting together a financial, estate, and care plan.

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Newly married couples face a number of important decisions that will impact your financial planning together. Here are some steps to get you started.

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In our last Financial Empowerment article, we talked about the basics of financial planning. We reviewed the process and the major information needed to start building a plan. Of those pieces of information, we discussed income, expenses, assets, and liabilities. Today, we are going to focus a little more on one of those topics: income.

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Preparing for your later years requires looking at a host of personal and financial details. To enhance your chances of living the retirement lifestyle that you desire, you may want to start by making decisions about how you want to live and basing your financial planning on these lifestyle parameters.

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Have you ever received a robocall? Do you know how to protect yourself from scammers who are increasingly using robocalls to steal consumer information?

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As seen on The Rhode Show - Here are 10 items you should always securely shred and dispose of.

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As seen on The Rhode Show - Financial exploitation is one of the fastest growing forms of abuse against seniors and adults with disabilities. Here is what you should know when it comes to protecting yourself and your loved ones.

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As seen on The Rhode Show - Having an awareness and understanding of how criminals take advantage of card users is the first step both banks and consumers can take on the path to protecting themselves against ATM and debit fraud, or, more specifically; skimming.

The opinions expressed in this newsletter are those of the author and may not reflect those of The Washington Trust Company. The information in this report has been obtained from sources believed to be reliable, but its accuracy and completeness are not guaranteed. Any opinions expressed herein are subject to change at any time without notice. Any person relying upon this information shall be solely responsible for the consequences of such reliance. Performance is historical and does not guarantee future results.

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