Connect with us

Hi, what are you looking for?

Jewish Business News


Israeli BillGuard and Experian Partner to Prevent Identity Theft


Israel’s BillGuard, a personal finance security service, is partnering with Experian to protect against credit card breeches and identity theft.

Identity theft and credit card fraud are two of the biggest problems that face consumers in this modern age of high tech. Just recently major American retailers like Target saw the credit card details of millions of their customers stolen by hackers.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at
Thank you.

Most people do not even bother to check their credit card bills thoroughly. They look for big purchases and that’s it. And when was the last time that you were asked to show ID when paying with a credit card? Do cashiers even bother to check the signature on a receipt with the one on the back of the card anymore?

BillGuard and Experian have announced that the two companies will offer what they call “an advanced identity protection suite” under the Protect My ID brand. The service offers $1 million identity theft insurance, a “dedicated” identity theft resolution agent to help customers cut through red tape, access to three bureau credit monitoring, 24/7 live call customer service and real-time scanning for card numbers being sold online.

Experian is a global information services company, providing data and analytical tools to clients around the world. The Group helps businesses to manage credit risk, prevent fraud, target marketing offers and automate decision making. Experian also helps individuals to check their credit report and credit score, and protect against identity theft.

Founded by Yaron Samid and Rafael Ouzan, BillGuard uses crowd sourced data to find false credit card charges. The company says that its service is, “powered by the collective knowledge of millions of people.”

Its investors include the founders and CEOs of Google, PayPal, Verisign and Sun Microsystems.

“It turns out that crowdsourcing is the ideal method of identifying fraudulent transactions that banks and consumers can easily miss, ” says BillGuard CEO Yaron Samid. “We have helped our users who are breach victims alone identify and recover $17 million worth of fraud activity this year.”

He added that, “the biggest misconception in the market is that most people think, ‘My bank will catch it for me.’ The truth is, they catch less than half of all fraud instances. Consumers need to be vigilant and we believe we’ve created the best tool in the world to monitor card activity.”



You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...


The Movie The Professional is what made Natalie Portman a Lolita.


After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.