Combines Identity Theft Protection and Fraud Monitoring
ProtectMyID function in the BillGuard App
More than 40 percent of respondents in an Experian Data Breach Resolution survey said that they feel that monitoring financial transactions for fraud is too time-consuming, and 71 percent of respondents say they rely heavily on their bank or card issuer alerting them to fraud. However, bank analyst reports show that financial institutions detect less than half of card fraud, leaving cardholders to catch the rest or personally absorb the financial loss. This function within the BillGuard mobile application alerts cardholders of suspicious transactions, alongside features such as card-location alerts, data breach monitoring and alerts, spend tracking and analytics.
Find out more at www.protectmyid.com/billguard