OurCrowd portfolio company BillGuard was featured in PandoDaily, a web publication that offers technology news, analysis, and commentary. BillGuard identifies fraud and “grey” charges, which cost consumers over $25B annually, by analyzing crowdsourcing transaction data from its millions-strong user base.
Payment fraud is on the rise. Hackers have quickly realized that the most valuable bit of identity data to steal isn’t the social security number, but rather payment card information. It’s precisely for this reason that major data breaches at retailers like Target and Home Depot are on the rise.
Enter BillGuard, the financial security and fraud monitoring startup that today helps more than 1 million consumers monitor their payment card activity. Today the company is extending that service through a partnership with Experian Data Breach Resolution, the world’s largest identity theft monitoring company.
Read more on PandoDaily here.