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Track your spending, view all your accounts in one place, and protect your cards from unwanted charges with the all-new BillGuard for Android. The number one personal finance security app is now the fastest, easiest and most elegant way to manage your personal finances.
BillGuard, which is launching in Canada this week, turns the onerous task of poring over bank statements into something most people can swipe through on their smartphones in just a few minutes.
BillGuard today has officially launched in Canada to bring support for Canadian credit cards. The service helps identify grey charges (fraud, double charges, unwanted charges) and alerts you via push notifications and there’s also support for Passbook as well.
Unlike Mint, which lathers you with numbers and trends, BillGuard tends to keep things simple, and does a good job at showing you only the data you need to know. It supports all the major Canadian banks’ debit and credit cards.
Billguard, an app and service for tracking charges across all of your credit and debit cards, is now available in Canada. The app watches your purchases, keeps you on top of your spending, and can alert you to potentially fraudulent charges.
ABC World News With Diane Sawyer: Costly Hidden Credit Card Charges
In the last two years, BillGuard, which has an app available on the iPhone and Android, says it’s identified $50 million in suspicious charges for its users.
The BillGuard credit card monitoring application, launched in July, uses crowd-sourced reporting from its members to issue alerts about possible payment card security concerns. "It's almost a terrible thing to say, but these kinds of situations raise awareness of the need to protect yourself and to be more vigilant in checking your transactions," CEO Yaron Samid said.
BillGuard lets you track all your credit cards and monitor all activity on them in once place. It's even got Passbook support built right in so you can view where all your accounts stand at a glance.
We know one of your New Year's resolutions was to manage your money more responsibly, and since you've probably already failed, here are three financial apps to help you keep track of those mind-numbing finances, brought to you by Dailyworth.com founder, Amanda Steinberg.
I'm a huge fan of BillGuard and how great it is at monitoring charges across all debit and credit cards. Recently the service went completely free for an unlimited number of cards, which gives no one an excuse not to keep a tight fist on their finances, and fraud protection.
BillGuard was free for up to two cards, but as from today it is becoming completely free for all users’ cards. In this interview Yaron Samid, BillGuard’s founder and CEO, talks about the new terms and how the service works.
For helping consumers fight fraud in an increasingly hack-prone financial system. BillGuard estimates that U.S. credit card users are billed $14.3 billion annually in "gray" (unapproved) charges. Its free app alerts consumers to those hidden amounts--think "free" magazine orders rolling over to paid subscriptions.
BillGuard has completely ditched its Premium model. Where once users were limited to storing and tracking information on only two cards/accounts, and had to shell out $9.99 to increase that number to ten, now they can simply download the app and set up an unlimited (yup, unlimited) number of accounts.
Target has offered its customers credit monitoring, which will let them know if their scores have changed, but BillGuard offers transaction monitoring which sees what is happening on a card now, CEO Yaron Samid added. “There’s no technological substitute for personal vigilance. The card numbers are out there, and the effect on your card could kick in this week or a year from now. Check your card activity, report it to your bank, and you can get your money back.”
BillGuard, the company known for a nifty service that identifies suspicious debit card and credit card charges, changed its pricing model so that the service is completely free. The announcement comes soon after a string of retailer data breaches leave consumer card information in the dangerous hands of hackers.
"What the app will do is prioritize the noteworthy and questionable charges that you should really pay attention to, make sure you are okay with them and verify them," said Bill Guard creator Yaron Samid. "Once you find something that is unwanted, Bill Guard has a function of being able to contact the merchant to get your money back or cancel a subscription."
Don't be a victim of fraud. Take these simple steps to secure your data: Use personal finance services. Utilize personal finance tools like Mint.com to help you monitor card activity and see what transactions have been made. Also, consider using bill-monitoring services like BillGuard to keep track of any suspicious charges.
This one's a bit of a no-brainer, but it also works as part of a personal, always-on credit monitoring profile. Use a service like Mint, Your Need a Budget, BillGuard, or another online, always-updated personal finance tool that connects with your banks to track your transactions.
From managing your finances to saving money on hotels, there are a ton of apps out there to help you save money.
Consider using bill-monitoring services like BillGuard to keep track of any suspicious charges. If you’re one of the victims of the Target breach, use their free credit-monitoring services. Find out more information here.
BillGuard users have saved over $1.1 million thanks to the app, which allows you to register your credit and debit cards, and then the app scans your charges to ensure that you aren’t facing hidden charges, fraud, or billing errors. This way, instead of reading through your statement at the end of the month and attempting to remember whether you actually did buy a $16 magazine subscription from an outside-the-U.S. website, the app will flag any questionable charges and check with you to review t
While you're at it, consider other wealth management tools, such as Personal Capital, Level Money and BillGuard, which flags you when it sees questionable charges on your credit card accounts.
But consumers do need to be prepared for the worst, said Yaron Samid, CEO of financial planning software maker BillGuard. “It seems like right now there’s almost an epidemic of malware at point-of -sale terminals,” he said. In today’s environment, “It’s just a matter of time before your information is compromised.”
Billguard: This iPhone app has the time and discipline to scour your credit card bill for unwanted "grey" charges, even if you don't. It watches for those recurring items that you never intended to order by consolidating the experiences of other consumers. The app connects with your credit card providers using the name and password you use to connect to your account online.
The emergence of innovative software and apps is transforming the way payments are made and the global commerce ecosystem. Below are 12 companies which are making a significant impact on global commerce with innovative technology:
Officials at Target are apologizing to their customers for the second time in a few weeks after the retailer revealed the same group of hackers that stole 40 million credit card numbers also pulled off another, much larger theft.
At some point next week Target will release specific instructions on how customers can sign up for a free year of credit monitoring and identity theft protection. What can you do now, though? 1. Sign up for BillGuard to monitor your credit and debit cards.
"It is going to be quite a hassle to update all of your subscriptions and services attached to that card," said Yaron Samid, chief executive of BillGuard, a company that offers a free service monitoring credit and debit cards for unusual activity. "The only way to protect yourself is to pay close attention to your credit card activity."
"It is going to quite a hassle to update all of your subscriptions and services attached to that card," said Yaron Samid, chief executive of BillGuard, a company that offers a free service monitoring credit and debit cards for unusual activity. "The only way to protect yourself is to pay close attention to your credit card activity."
If you’re not taking the time to read over your credit card statement carefully each month, you could be in for an eye-opening experience. Your bill could be loaded with extra charges or sneaky fees that you’re not aware of, which are slowly siphoning your cash. Here’s everything you need to know about grey charges and how to avoid them.
As a convenient app on your iPhone, BillGuard continues to innovate and inspire, with its most recent updates allowing users to better defend themselves against counterfeit charges on their credit cards, and also, spend their money wiser with the addition of Spending Analytics and Smart Savings features.
Depending on your nerd factor, budgeting can be simple or scientific, ranging from easy-to-use smartphone apps like Mint, Manilla or Billguard to a full-fledged personal finance software system such as Quicken.
BillGuard is a third-party service that lets consumers register their credit cards, then uses software to scan bills for fraud. Mick Weinstein, vice president of marketing at BillGuard, says 32,000 BillGuard customers were among those whose account info was stolen in the Target card heist — meaning they used their cards at the retailer during the nearly three-week stretch when hackers were siphoning off the card numbers.
Voted the number the #1 Finance App by the App Store and one of the "Best iOS Apps of 2013" by TechCrunch, BillGuard goes beyond similar apps by scanning all of your financial transactions and alerting you of any suspicious activity.
Should you use it? I would say it’s good to use if you don’t regularly check over your credit card transactions and statements. If fraud happens on your account, you only have a set amount of days (last I heard it was 90 days for some places and 60 for others) to dispute it with your credit card company.
“It will be looking out for you almost like the perfect accountant in the background, letting you live your life and when you go beyond a certain threshold it will let you know,” said Yaron Samid, founder and chief executive.
BillGuard has money management and tracking features, similar to the apps listed above, but what differentiates it is a digital watchdog service for any potential red flags with credit card usage. Like if you make multiple charges to one place in one day, or spend a higher amount than normal.
The next big step for companies like SaveUp and Mogl could be partnerships with major financial institutions. But that’s easier said than done. Another personal finance startup, BillGuard, spent the past two years trying to get banks to offer “antivirus for bills” as a service to their customers, before scrapping that plan to go straight to consumers with an app of its own.
If sticking with your budget is on your resolution list, the following apps can help you get your finances in line. Monitor your expenses, find discounts, and stay organized by turning your phone into a digital wallet.
It’s the end of the year, and that means three things: booze, ridiculous sunglasses with numbers on them, and lists. Lots and lots of lists. You’ve seen our list of best/worst gadgets of the year. Up next? The Best Mobile Apps Of 2013.
Billguard helps you protect against so-called grey charges. Those are hidden fees, billing errors, scams and credit card fraud. You can flag these charges to your accounts and then Billguard alerts you when a user has flagged a similar charge in your account. The app also functions as a dashboard where you can track your spending patterns.
BillGuard - This free app includes colorful graphs and charts to help you lower your monthly expenses.
BillGuard’s predictive algorithms alert users of unexpected charges such as hidden fees, billing errors, scams and fraud on credit card bills. It also issues alerts when a similar dubious charge has been flagged by other users, or receives a complaint elsewhere on the Web. As such, the ‘BillGuard brain’ becomes more accurate over time.
"There is no better solution or alternative to a consumer than simply checking your card activity regularly," Samid says. Consumers who used their debit cards at Target during the breach window should be aware that even if they don't see fraudulent activity immediately, the card can be used for fraud later.
This trusty app was created to illustrate spending analytics with visual charts and colorful graphs aimed at lowering monthly expenses. It has timely updates on purchasing habits, saving alerts, protection from fraudulent charges, and other billing errors to enable one to become proactive with each dollar spent and (hopefully) saved. CNN Money and PC Magazine voted it the best financial app of this year and beyond.
Yaron Samid, CEO of BillGuard, a service that monitors credit- and debit-card accounts for fishy transactions, called the Target offer “a nice gesture,” but a solution to the wrong problem.
Sometimes criminals bolster the price of their wares by validating that the card is still active — a telltale sign that your account has been compromised. They do that by initiating a micro-charge of $2 or less, "something that you're not going to call your issuer about," said Yaron Samid, chief executive of startup BillGuard, which monitors its users' card accounts for fraud.
“The first thing is to not panic,” said Yaron Samid, CEO of BillGuard, a company that helps consumers monitor suspicious activity on their credit cards. “This is something that might not affect them in the next few days, but it could affect them in the next few months because their card numbers are in the hackers’ database or being sold on the black market.”
Even if you see a small unauthorized charge on the card, alert your bank, notes Yaron Samid, chief executive of BillGuard, which makes an app that tracks credit-card and debit-card accounts for consumers. Some sophisticated hackers will place "microcharges" on cards, since many consumers fail to notice them or don't bother to report them. Such cards are then considered viable by hackers, who may sell the numbers to other criminals at a later date, he notes.
Despite substantial differences, there's a common thread among all generations when it comes to privacy, notes Samid: People will exchange privacy for value. In the case of BillGuard, participants trade account information for a service that aggregates it all to unearth suspicious charges. As Samid points out, however, the value offered in exchange for private information must be significant for such a trade to occur.
"This could be something that hits your card months from now, so you need to continue to be vigilant," says Yaron Samid, chief executive officer of BillGuard, a company that offers a free service monitoring credit and debit cards for unusual activity.
Money is kinda...really important. You have to keep an eye on it if you want it to last. A free app, BillGuard, will monitor you banking accounts, track spending, and flag suspicious charges.
When was the last time you took a close look at your credit card bill? You might be surprised at some of the hidden fees you find. The majority are legal but they may be costing you hundreds of dollars a year.
Spending and stress go hand-in-hand during the holidays. And regrettably for those who exceed their budgets, or fail to make one in the first place, January’s credit card bill could prove an epic financial burden that lingers well into the New Year. To keep you budgets and balances in check, BillGuard is a personal finance app that connects users to their online credit card statements and helps curtail overspending, missed payments, and even potential credit card fraud.
“The regular model of bank-centric or merchant-centric fraud protection is good. But it cannot take us to next level where you want protection from any kind of unwanted spending, which is a gray area,” says Raphael Ouzan, BillGuard’s co-founder.
BillGuard, also offers personal spending records and analytics for iPhones now and Android in January. They started in fraud detection — I wrote them up last year when they were in the FinTech Innovation Lab, but they have since expanded into personal financial management.
BillGuard, a fraud-flagging startup, is adding analytics and savings add-ons to its iPhone app, according to TechCrunch. Both new features -- Smart Savings and Spend Analytics -- will give users a heads up when there are merchant discounts on items they usually buy, while organizing spending into expense categories, according to the tech blog. The update to the company's smartphone app will push the company into the PFM category.
Need a simple app to help you monitor your personal finances this holiday shopping season? Look no further than BillGuard, which has just been updated to version 4.0.
The BillGuard app will now help users save money, not just fend off bad charges. BillGuardBillGuard, an iOS finance app that launched four months ago, would like to be the worthy successor to the seminal personal-finance site Mint, says CEO Yaron Samid. (And at least one early Mint employee tweeted that he’s already ready to bestow the crown.)
LLaunched in the US in 2011, BillGuard sells itself as the world’s first ‘people-powered antivirus system for bills’. Its predictive algorithms alert users to unexpected charges such as hidden fees, billing errors, scams and fraud on credit card bills. It also issues alerts when a similar dubious charge has been flagged by other users.
Personal finance startup BillGuard is launching an update to its iPhone app that will not only help users defend against fraudulent charges on their credit cards, but could also lead them to be more proactive with their money. The addition of new Spending Analytics and Smart Saving features will provide new tools for consumers to analyze their spending and save based on discounts they might not have known were available.
“This is not an inbox with a bunch of deals, it’s an alerting system triggered when we identify something about your behavior,” Samid says. We think of it as a shopping protection service where we help prevent you from paying too much. The most important thing is that it learns from your behavior and adapts over time based both on where you shop and which discounts you redeem and which you ignore.”
BillGuard is not only an app, but an entire service that helps you monitor your spending, be alerted of suspicious charges, and so much more. The BillGuard 4.0 update has just hit and brings even more features to help you manage your money including in-depth spending analytics, alerts for savings at your favorite places, and more.
BillGuard (free; iOS, Android coming soon): As you get older, you may find you have more bills, and less patience for reading the fine print to make sure you're not being overcharged.
Once upon a time, big financial institutions feared competition from just-as-big companies gunning for their customers.
Do you ever check your wallet and wonder how it became empty? Didn’t you just take out $200 this morning? Below is a list of really useful personal finance apps and sites – some are really new and up and coming, whist others are more established.
Get out your credit card and phone bills. We're determined to save you money by attacking something called "grey charges" and other mystery fees.
Are you member of "Generation Procrastination"? If your savings account and retirement plan are gathering virtual cobwebs, you probably are.
By this time next year, we could very well have over 1 million apps to pick from for our iPhone’s, as the App Store currently stands somewhere around 750k going strong. With all of these options, how can you know that you’re selecting the best apps to fill your home screen?
Unwanted charges cost consumers more than $14 billion last year. Here’s how to protect yourself
This week's roundup of hot apps that we've found include some games, an information app based on one of the longest-running news programs on television, and a handy consumer protection tool.
BillGuard This app does a lot of the nice things that the Mint app does, except it specializes in something important to all small businesses: fraud. Always on the lookout for bad charges, the app flags questionable transactions and advocates on behalf of the business owner to get the money back.
The BillGuard app connects you to your online credit card statements and flags merchants who frequently charge consumers for products or services they've either forgotten about or they didn't know they were requesting. If another company is providing this kind of fantastic service as well or better than BillGuard, we haven't heard of it yet. BillGuard is one personal finance app to keep on your side.
For the past three years, Fintech Innovation Labs has helped early and growth stage financial services technology startups develop. Since it has been a few months since Fintech’s class of 2013 had their Demo Day, NerdWallet thought it would be a good idea to get updates from some of the hottest finance startups around.
If you don't already pore over your credit card and bank account activity statements, you should really start. "Grey charges," or small fees, subscriptions, renewals, and other charges that many of us don't notice, can add up to hundreds of dollars each year, and are easily removed or reversed if you catch them.
To keep money from leaking out of your pocket like a leaky molasses pipeline, you should avoid gray charges. A gray charge isn’t fraud, exactly. No one stole it from you but your own laziness and forgetfulness.
The Israeli startup scene needs little introduction. Tel Aviv is rapidly becoming one of the most innovative tech hubs on the planet, vying with London, New York and Berlin as Silicon Valley's second.
If everyone went over their credit card statements with a fine-tooth comb and reported any questionable or unwanted charges immediately, there wouldn't be as much need for an iPhone app like BillGuard.
There's been a lot of news in the app world lately. Many of these app makers are raising a ton of money to enhance, remix, or try to take down kings like photo-favorite Instagram, travel comparison service Kayak, and even Apple's own camera app.
Remember to read the fine print. CNBC’s Sharon Epperson reports on so-called “gray charges” and their staggering cost.
Sneaky charges hiding in your credit and debit card statements can add up to hundreds of dollars a year, a new study finds.
A multibillion-dollar business has grown up around "gray charges" - extra credit card charges for products and services consumers never wanted or meant to sign up for. Some experts say these charges are deceptive and misleading, if not illegal.
Who among us, when presented with a pages-long “Terms and Conditions” agreement for something as simple as a $0.99 song on iTunes or a $10 ticket on Greyhound, hasn’t clicked “accept and continue” without reading all (or any) of the agreement? After all, it’s just a cheap purchase, nothing as serious as a mortgage or college tuition. However, according to a new study, skipping or misunderstanding the fine print could be costing us a lot more money than we think.
It's comforting knowing there is a team of people to help fight a personal financial zombie apocalypse.
Financial expert Farnoosh Torabi explains
Have you ever checked your monthly credit card bill, only to notice a charge you didn’t expect to see?
I subscribe to about 800 blogs/alerts and usually find one or two new fintech companies, potential Finovate presenters, every single day.
Two years ago, BillGuard launched to help consumers identify fraudulent charges on their credit cards. Now it’s hoping to save them money with the launch of a new iPhone app determined to identify and dispute so-called “grey charges” — that is, charges that they might have agreed to but forgot about.
The App Store takes delivery of hundreds of new apps per day. The overwhelming scene makes it possible to easily overlook an exciting game, valuable productivity suite, etc. However, we have a solution. Today’s Best Apps tackles this problem by providing you with a handpicked and tested list of apps that are truly worth your consideration each and everyday.
BillGuard began life as a a Web app for monitoring your credit cards. You grant the service access to your credit card accounts, and it monitors them for rogue or unwanted charges. And now, there’s a BillGuard iPhone app, too.
BillGuard, a popular credit card and checking account monitoring service, has just released a rather significant update that makes grouping merchants and marking transactions even quicker. Even further, BillGuard will now let you dispute a merchant transaction directly within the app.
It isn’t often you find a finance app with many beautiful pixels. I am happy to report, BillGuard, the current top finance app in the App Store, is beautiful both in function and design. It is most certainly not iOS 7 flat, but maybe that is why I think it looks amazing.
Our iPhones make it easier than ever to keep our budgets in check. There are an abundance of spending trackers in the App Store that will alert us when our bills are getting out of hand, but they're really only as smart as we make them.
Venture capitalists and angel investors are always looking for startups that can show evidence of traction. For investors focused on mobile, one strong sign is the number of app downloads on Google Play and/or the App Store.
When a Web-based service releases a mobile app these days, it’s not usually noteworthy. If the company wasn’t thinking mobile first, it’ll quickly have to become mobile second, which is often just an extension of its core functionality to the devices inexorably taking over our computing lives.
Have you ever checked your monthly credit card bill, only to notice a charge you didn't expect to see? If you have, you're not alone. According to a new study from software company BillGuard and research firm Aite Group, there are roughly 233 million hidden credit card charges and fees each year, costing cardholders an estimated $14.3 billion in 2012 alone.
Collectively, consumers paid 14.3 billion in unwanted charges last year, according to the survey commissioned by BillGuard, an online service and app that tracks and alerts consumers to these kinds of charges and helps users dispute them.
BillGuard is a pretty ingenious idea for sure, insofar as users essentially help each other by flagging rogue charges, which help others recognize anything awry with their own accounts.
Raphael Ouzan, founder at Billguard, explains his company's product and how it allows users to track and recoup money spent on hidden fees. He speaks on Bloomberg Television's "The Pulse."
Yaron Samid is the founder of BillGuard, which has raised $13 million to date as it develops an app that helps consumers track charges on their credit-card statements.
BillGuard is a personal finance security service that searches for what the company calls "Grey Charges" – deceptive, erroneous and fraudulent charges on your credit and debit cards. The app will watch the accounts of three credit or debit cards for free and alert you via email if anything is out of sorts.
There's a growing trend of unexpected, unwanted, and often unknown fees showing up on monthly phone or credit card bills. They're called Grey Charges and you need an eagle eye to make sure you aren't losing money to them.
There’s even a free online start-up, BillGuard, that compiles complaints from banks and consumers, scans your credit-card statements for you, and lets you know when something suspicious pops up.
Today, we speak with Yaron Samid, Co-Founder and CEO of BillGuard, a free personal finance security service that uses crowdsourced big-data analytics to identify deceptive, erroneous and unauthorized charges to your credit or debit card bills.
BillGuard protects consumers against a kind of fraud-like activity it calls "grey charges." That's where companies sneak regular charges on your credit card.
Why are grey charges so widespread? McIntosh says our busy lifestyles often prevent us from reading our service contracts and bills as carefully as we should.
VIDEO: NBC 7 reporter Consumer Bob talks to Steve Sexton about unexpected charges that can show up on cell phone bills.
Financial Planner Steve Sexton with the Sexton Advisory Group says many of us pay "grey charges," bills for things we didn't order or don't want.
There’s a new concern for consumers – one that could be costing them hundreds of dollars each year. They are called ‘grey charges’ and one in four people are paying them right now, most likely without knowing it.
What you don't know, apparently, can hurt you -- every year companies can be skimming hundreds of dollars from your pocket.
If you purchase things on the internet or over the phone, you should probably pay closer attention to your monthly financial statements.
Take a good look at your bank statement or credit card bill and there’s a decent chance you’ll find a mysterious charge for something you never purchased or can’t remember buying. These are known as "grey charges."
We’ve probably all seen this when making an online purchase- another offer or discount at checkout. You usually have to click or unclick the box. Be careful - if you don’t read the fine print you could be agreeing to another purchase!
To date, the Silicon Alley startup has found roughly $50 million worth of grey (or fishy) charges, says the company's chief executive Yaron Samid.
BillGuard spots charges you may miss, like the "free" credit report that signed you up for credit monitoring. The service "saves time people spend poring over their statements," says Aite Group analyst Ron Shevlin.
The financial sleuths at BillGuard, a secure, online tool that monitors your statements for suspicious transactions, have identified the top six types of so-called “grey charges.” While some of these fees are actually fraudulent, many are legal ...
Grey charge: When you buy something with your credit card and you get charged for something you didn’t want. Often a merchant will tack on additional products and services to a legitimate purchase you make, and you “sorta” know about the charge…but not really.
“BillGuard’s work with the Consumer Financial Protection Bureau – announced in November – involves, in part, accessing cardholder complaints about credit cards filed with the agency ... BillGuard’s software deters patterns in the aggregate to root out bad charges on statements.”
[Video Interview]
Take Charge with Jamie Colby. Robert provides advice on how consumers can protect themselves from identity theft and grey charges.
“BillGuard has brought together a leadership team of seasoned anti-fraud and data security professionals with experienced entrepreneurs. The company has built up leverage through its “People Powered” user crowdsourcing movement. “
“BillGuard provides a beautifully combined view of all your credit and debit cards in one place and makes it easy to understand every charge on your statements. No more painstaking calls to the bank to explain unrecognized charges! BillGuard saves you both money and time, even helping you get your money back when needed.”
Israeli firm BillGuard took the No. 5 spot in the industry-specific category of the world’s top-10 most-innovative companies in finance “for scouring the Web to return $1 million in fraudulent charges and stalled refunds to debit- and credit card users.”
OUR ANNUAL GUIDE TO THE STATE OF INNOVATION IN OUR ECONOMY, FEATURING THE BUSINESSES WHOSE INNOVATIONS ARE HAVING THE GREATEST IMPACTS ACROSS THEIR INDUSTRIES AND OUR CULTURE AS A WHOLE.
“We were an innovative consumer service when we went into the program,” said Yaron Samid, CEO of BillGuard which uses technology to monitor charge cards for fraudulent or inaccurate charges, “and we became a fintech company by the end.”
"There are aspects of monitoring your individual card for individual transactions that go below the radar that banks are not capable of monitoring," McLaren says. "We never had the answer to that, so BillGuard was a natural fit for us--it was the plug to the hole."
Wealthcare For Women: Keep Your Guard Up With BillGuard
So what’s the best defense against grey charges hitting your credit or debit card? I use BillGuard and suggest you try it too.
A lot of consumers have ended up unwittingly becoming members. Nearly 1,100 complaints have been filed with the Better Business Bureau against One Technologies LP., the company that runs ScoreSense, and the social credit monitoring site BillGuard.com is also littered with recent complaints about the surprise charges.
MyBankTracker: “BillGuard”
BillGuard is a financial protection website that analyzes your bills for fraudulent charges, which it pinpoints by crowdsourcing from its users…BillGuard does its job reliably, and it definitely feels secure.
BillGuard.com’s blog is completely devoted to the fight against unfair charges, and while not all forgotten charges are unfair, BillGuard is shedding light on practices (some ethical, others questionable) that businesses use to bill your card.
What do you call surprise charges on your credit card bill that aren't fraudulent but are definitely unexpected and unwanted? Fraud-fighting firm BillGuard.com calls them "gray charges," and it says many consumer bills are laden with hundreds of dollars worth of them annually.
"Grey charges" is a new term for when you buy something and then wind up purchasing something else you didn't want, or didn't ask for. BillGuard, a company that provides transaction monitoring and resolution services, says these charges are often the result of companies counting on the fact that people don't read fine print or verify their transactions as carefully as they should.
BillGuard, the company that offers financial-account fraud detection, released an infographic that shines a light on “grey charges” — the charges that are unwanted and unexpected but in which no fraud is involved.
Huffington Post LIVE: Tech Game Changers
OneReceipt’s Michael Altman and BillGuard’s Yaron Samid discuss high tech financial tools
According to transaction monitors BillGuard…One in four consumers have been tagged with these gray charges, which typically accumulate like barnacles on your account as the years go by
BillGuard has built technology to identify merchants that have recently suffered a breach and proactively alert customers to the steps they need to take to protect themselves from potential identity theft or financial loss.
… what I would recommend to all of your viewers out there is to take a look, if you used to subscribe to AOL dial up, it may still be on your bill and you can actually take action very quickly by calling them up and have it cancelled," BillGuard's Yaron Samid said.
We started working with them (CRPB) with us getting data from their consumer complaint database…We are using that data to supplement our national database," said Yaron Samid. BillGuard, Samid said, is also sharing data with the CFPB. "It's bidirectional," he said. "Together we are analyzing which charges are confusing.
Making the cards stored in Lemon’s wallet “smarter,” as they are now thanks to the new alerts from BillGuard, is something which Lemon has focused heavily on in recent weeks.
The integrations with Passbook and Lemon are big opportunities for BillGuard to expand its mobile presence and pull in a lot more data from mobile users. Passbook lets BillGuard reach a lot of iPhone users and now with Lemon, which is not tied to one platform, BillGuard can reach tons of Android users as well.
The partnership is providing roughly 2.5 million Lemon Wallet customers the ability to catch fraudulent purchases on their cards. […] The pact [with Lemon] is pushing BillGuard closer towards its ultimate goal of creating a national database that will accurately flag dubious charges that cardholders might not otherwise notice.
Through this new partnership, Lemon Wallet will let users know that they now have BillGuard protection available — they have the option to sign up for a BillGuard account. After signing up and linking their card accounts, BillGuard will begin to monitor transaction activity for suspicious and fraudulent charges. BillGuard users help other users detect questionable transactions by flagging activity that occurred on their own accounts.
Ron Shevlin, author of the Aite Group report, thinks these tools will only catch on if they offer “strong advice capabilities.” Two he says that do this well: BillShrink.com, which analyzes your credit card, wireless and TV bills and recommends alternatives (it's parent company is Truaxis) and Billguard, which spots fraud charges on your credit- and debit-card bills.
According to BillGuard, about 20 percent of its current users have incurred some type of gray charge. Among those users who have been affected, the average of these charges is about $350 a year, says Mary Anne Keegan, BillGuard's chief marketing officer.
Having these established companies join Passbook, as well as new startups planning to add Passbook support, like mobile app rewards network Kiip and Billguard, a credit card data company, can only be a sign that Passbook is here to stay, and may in fact turn into an indispensable part of our daily lives.
I like what the creators of BillGuard have done here…It’s an exciting time we live in where our collective data can help improve our financial lives and allow us to feel better about having not looked at our statements in a while.
Unless you’re a megastar, you probably don’t need a bodyguard. But when it comes to your money, there’s no such thing as too safe. Think of BillGuard as a community working together to fight bad billing practices, every second of everyday, protecting your debit and credit cards.
One of our favorite startups, BillGuard, has become one of the first financial applications to integrate with Apple’s Passbook. Better yet, it’s bringing user credit and debit card info directly into Passbook without users having to rely on their banks to build Passbook-compatible apps for them.
With Apple’s Passbook app, BillGuard users don’t have to visit BillGuard’s online dashboard and can instead view their monitored credit cards within Passbook. It’s a sound move for BillGuard since it doesn’t have a native mobile app yet.
Transaction World Magazine: Jim Romeo
This Transparent and Honest Environment
Bottom line: It's a great move for BillGuard, especially since it does not yet have a native mobile app. Now I can click on the Passbook icon and without logging in, quickly see the activity on all my registered cards, and whether there are any suspicious charges.
With BillGuard on Passbook, users can track account balances and receive real-time alerts on suspicious charges on their card accounts… “As digital wallets bring increased convenience to consumers, BillGuard is looking ahead at the digital marketplace and is positioned to help bring a level of monitoring and protection to payment transactions.” said Mary Anne Keegan, chief marketing officer at BillGuard.
One of the main reasons why I frequent conferences such as Finovate and FinCon is to keep an eye out for innovative and interesting financial tools and startups — to which BillGuard.com is one such nifty web app.
Mary Anne Keegan from BillGuard tells us about a cool new FREE tool that people can use to stop those annoying credit card recurring charges that you can’t seem to get rid of (like old gym memberships or magazine subscriptions).
One of the cool companies that I met at Fincon2012 was BillGuard. BillGuard analyzes your credit card transactions and tells you if they find anything deceptive or fraudulent. The beauty if their system is that they collect all this information and they can see trends – companies behaving badly, trying to sneak fees or other charges past you, or clever scammers and thieves stealing in a way your credit card company can’t detect.
BillGuard has come a long way in a short time. The company launched its SaaS product, which automatically scans your credit card statements for unwanted and fraudulent charges, in May of 2011 at Disrupt. Yet, BillGuard has since saved its users nearly $1 million in unwanted or fraudulent charges in just over a year.
BillGuard is a relatively new company offering an innovative type of credit card protection. While traditional identity protection services focus on detecting fraud, BillGuard alerts consumers to deceptive or unwanted charges like misleading subscriptions, hidden fees, billing errors and scams.
Raphael Ouzan is the founder and CTO of BillGuard, a startup that is building ‘antivirus for bills’. The product basically runs registered credit and debit cards through automated checks to look out for strange patterns or problems that might be a sign of billing errors or other issues. These issues are then compared with others flagged up by BillGuard users to spot problems on a wider scale.
BillGuard describes itself as "people-powered anti-virus for bills". When a charge has been flagged by a BillGuard user, it alerts others if a similar one appears on their payment card. It also runs more than 100 automated fraud-detection tests on transactions. The company has raised $13 million from Khosla Ventures, Founders Fund, Innovation Endeavors and seed backers Bessemer, SV Angel, IA Ventures, Founder Collective and Social Leverage.
One tip to boost your cybersecurity: Use BillGuard to monitor your credit card. BillGuard is a free monitor for your credit and debit cards.
One company Siscovick has funded is BillGuard, which scours the Web for complaints about unwanted credit card charges, billing errors, scams and fraud. According to founder Yaron Samid, the service has saved customers $738,510 in its first year.
Securities Technology Monitor: Big on Big Data: 6 Smart Startups to Watch
BillGuard produce(s) a nearly frictionless means of allowing credit card holders to identify deceptive, erroneous and unauthorized line items on their bills and easily resolve any dispute with the merchant.
Communicating Account Aggregation Issues: BillGuard Puts Extra Effort into Contacting Customers
I especially appreciated BillGuard's extra effort during the aggregation process after I'd reestablished the login to my credit card…Excellent customer advocacy!
The next phase is to integrate BillGuard into online banking software so that when you, say, log into your Bank of America account and notice an odd charge, you can dispute it with one click. FinTech Lab helped push the company into that direction, Yaron Samid, CEO of BillGuard, said.
“In three months we became a financial technology company. Before that we were a consumer company trying to build an online security system,” Yaron Samid, CEO of BillGuard, told the audience. “Our mentors took us through puberty in three months and we now know how to work with a bank,” he said.
The biggest cost to the banks of fraud and billing errors was running the call centers to deal with the customers who’d already found the errors themselves. BillGuard can put a link on a bank’s website that connects the consumer to the merchant, bypassing the call center.
At least three of the companies who participated in the FinTech Innovation Lab — BillGuard, Centrifuge and Digital Reasoning — have employees that have worked on national security problems either abroad or in the United States. "We are all trying to protect the good guys, and we are all trying to catch the bad guys," says Justin Bonar, BillGuard's vice president of sales.
Another FinTech Lab graduate, BillGuard, helps users uncover fraudulent credit card charges and get their money back in an efficient manner. Yaron Samid, the founder and CEO, told BetaBeat that his experience with the mentoring process was incredibly helpful because their company is not a traditional FinTech business.
This year’s FinTech class is creating a range of new technologies for the financial industry… BillGuard uses big-data analytics and crowdsourcing techniques to alert consumer to potentially fraudulent credit-card charges.
BillGuard is a bill monitoring tools that sends alerts for suspicious charges on your credit or debit card and works with over 5,000 banks. The company was founded by serial entrepreneur, Yaron Samid, and cyber security expert, Raphael Ouzan.
BillGuard is an innovative service that protects your credit card accounts from fraudulent charges by alerting you to possible suspicious activity, above and beyond the automatic protections your bank may have in place. As CBS recently suggested, "We recommend using BillGuard to monitor your credit card statements."
Here is a tip for you to shop safely on Father’s Day: Research and use online security tools and services. Some of them are free -- a good example is BillGuard, which scans your credit card bills for questionable charges.
Yaron Samid from BillGuard joined FOX 2's Murray Feldman to talk about a number of online scams and frauds that you may be paying for and not know. Scams covered in this edition included: Hydra Scam, Scoresence, and TWX/Synapse.
Credit card statement monitoring platform, BillGuard, celebrated its first birthday earlier this week and distributed an email notifying its users of two milestones: Exited beta and added fee-based premium options intended for families or businesses with more than 3 cards to monitor.
BillGuard is an innovative personal finance security service that sends its users monthly scan reports and real-time alerts to keep an eye on any "subscription charges" or other weird unwanted charges to their credit card that might be bogus. Yet another prudent way to keep thieves away from your hard-earned cash.
Crain’s New York Business: Big data powers new players
The next frontier is using data to transform industries, like consumer finance, that have so far resisted change. BillGuard crowd-sources credit card or merchant problems from sites such asRipoffreport.com and checks to see if inaccurate or fraudulent charges are showing up on its customers' credit card bills. “We unlock the power for customers of a lot of siloed data,” said Chief Marketing Officer Mary Anne Keegan.
Nine out of 10 consumers do a cursory rather than a line-by-line check of their monthly credit card statements, according to BillGuard, a fraud prevention solution provider. "Because consumers are so busy, they do not spend a lot of time examining their monthly bills," Mary Anne Keegan, Chief Marketing Officer at BillGuard, said in an interview.
BillGuard promises to take a bite out of credit card fraud. It automatically checks your monthly credit card statements for you to identify charges on your bill that have been complained about by others. "Every time they've saved me money, I'll get on Twitter and tell all my friends, 'There's another fraudulent charge caught by BillGuard,'" Seattle user Michael McDaniel said.
Ever had a weird charge pop up on your credit card statement and not know what to do? BillGuard offers a great service that scans your bill daily for unusual charges and lets you dispute it online.
When it comes to managing your money, verifying your credit card and debit card statements is an important part of the process. But how many of us really do this on a consistent basis? I know I don’t. If you’re like me, BillGuard is worth checking out. It monitors all of your registered credit and debit cards for hidden charges, billing errors, and outright fraud. And the best part about it is that it’s 100% free.
Bank Technology News: Best of Finovate Spring Day 1
I try to look at these (Finovate) demos from a practical standpoint — which products have a strong business case, meet a true demand in the financial services industry, and seem like they would work well? The Best App for Detecting Card Fraud was BillGuard's Advanced Card Protection Service for Banks.
Imagine your fellow consumers scouring the Internet to help you spot fraudulent charges on your credit card bill. New York-based BillGuard tracks user complaints of bad online actors to help protect you against abuse by those nefarious merchants. Pitching itself as "the world's first anti-virus for bills,'' CEO Yaron Samid said "we teach computers how to find billing errors, and we've found at least one error on every bill we've tested in the past eight months."
After digging through the blog posts and tweets coming from the first day of FinovateSpring 2012, five companies' demos struck as, well, cool. One of these was BillGuard, a personal finance security company.
BillGuard allows people to flag questionable charges on their bills and were at Finovate to announce something even more helpful: a transaction resolution center. They'll dispute the charges for you. Lazy-approved!
BillGuard is a free service that scans your credit and debit card statements in search of deceptive or fraudulent charges. In essence, it’s a crowd-sourced fraud detection system that “gets smarter with each click”…without BillGuard, you may not have discovered the problem in the first place.
Credit card numbers are stolen in huge numbers. Some of the big data breaches you’ve heard about involved taking credit card numbers. Values of the card numbers are increased after one of those mystery charges goes through unchallenged, said Yaron Samid, CEO of BillGuard, a free service that looks at your credit card use to find questionable charges.
The real creative thinking in the global multinationals will happen just outside their walls, in startups led by people like Yaron Samid, founder of BillGuard.com, who find it tough to adapt to corporate environments but still have plenty of fresh ideas to bring to the business world.
How would you like to have someone go over your credit card bills every month, so you wouldn't have to? Well, now there is a unique new service, BillGuard.com, that checks your bills for you and keeps them free from overcharges.
This excellent program will not relieve you of your responsibility to check your credit card statement for errors or false charges, but BillGuard.com is a useful tool to alert you of possible issues.
There’s a steady stream of new and clever ways for frustrated consumers to find each other online, make collective noise and get satisfaction. Among the more intriguing is BillGuard.com, which does for your credit card bill what a spam filter does for your email.
Yaron Samid, CEO of BillGuard, a company that specializes in personal-finance security, said that hackers who have credit card data try to sell the information on the black market. He said hackers can use small transactions to confirm that a credit card is active before they charge larger amounts.
“Microcharges are the first thing you should be on the lookout for,” said Yaron Samid, CEO and co-founder of BillGuard.com. “Charges that look legitimate like different types of fees in the dollar or sub-dollar range, be on the lookout for those as well.”
To most consumers, credit card fraud conjures up images of computer hackers and thieves intentionally tracking credit card numbers, stealing money, and possibly taking over one’s identity. The reality is that intentional fraud and scams account for only around five percent of all credit card billing problems. The majority are the result of technically legitimate billing practices that affect most of the credit card-using population – referred to as "Grey Charges."
What makes BillGuard special is the fact that it harnesses the power of its community along with the millions of people posting billing complaints online… BillGuard and its growing community of thousands are there to back you up. Not bad for a free service!
Another worthy tool is BillGuard.com. This one sifts through your credit card transaction data, helping to identify potentially fraudulent charges (such as unwanted "subscriptions," and outright scams) and save you money as a result. At time of publication, the company reports that more than $608,000 has been saved by BillGuard users thus far as a result of using their free card monitoring service.
Epstein unknowingly spent $60 to $70 on airport Wi-Fi before he spotted the problem after using BillGuard.com. We've heard plenty about identity theft and the scam artists who buy stuff using your credit card. But how many times does a monthly charge of $10 to $40 a month end up hitting credit cards or debit card statements without consumers even realizing it? It may be more times than you'd even imagine.
Fox 5 Atlanta: Credit Card Bill Guard
Credit card fraud is a $7 billion dollar a year industry, which means nearly all of us have likely been affected and many of us don't even know it. BillGuard is a new hot company that says it will monitor your credit cards for you.
“With mobile and near frequency technology advancements making it easier and faster than ever for people to make and receive payments with the flick of a wrist, comes the unfortunate reality that we're opening a Pandora's box of transaction risk. Hackers and merchants have many new opportunities to defraud and deceive consumers that existing card payment security technologies were not designed to protect against,” says Yaron Samid, Founder and CEO of the New York City based firm, BillGuard.
For the sake of all that’s right and good in the world, BillGuard should become wildly successful…BillGuard is the type of anti-fraud service that card issuing banks should have produced on their own, long ago.
… the fact that so many bank customers were caught unaware for so many months highlights a common trend: that many Americans don't monitor their spending habits…Every month, he [Samid] said, scores of credit card owners are unknowingly paying for twice billed transactions, hidden merchant fees, and "free subscriptions". "It's not only hackers, but legitimate merchants that take advantage of the American consumer," he said.
Yaron Samid, CEO of credit protection site BillGuard, said the best companies maintain an entrepreneur's mindset as they age: "The only way to innovate is to have in your DNA people who have these crazy ideas of 'What if?'"
Hundreds of thousands of consumers have recurring credit card charges from a tangle of shady self-help websites that bill them monthly and typically shut down when complaints start pouring in, according to a credit card monitoring company (BillGuard).
Raphael Ouzan, founder of Israeli tech start-up Billguard was luckier: "I was in this panel with (Google chairman) Eric Schmidt and Chelsea Clinton, and they listened to me, wanted my opinion, invited me to private panels and other sessions afterwards."
Could SlashDeclare be the next Web based group influencing Congress? Since the movement’s leaders are Betterment, BillGuard and PerkStreet –all Internet companies committed to delighting their customers—and whose products appeal to Boomers—my guess is watch out Washington—a very loud voice may be heard roaring over the horizon.
Israel Ministry of Foreign Affairs: No more credit card scams
The results for the consumer are worth the extra effort: Samid estimates that, in the first two months of beta testing, BillGuard saved users more than $250,000 in refundable charges.
… Israeli firms are often global virtually from the start. For example, BillGuard, which alerts its users to errors and fraud on their credit and debit cards, has an office in New York, staffed by Yaron Samid, its chief executive and one of its founders, and the head of business development and sales, and keeps a 15-strong product-development team in Herzliya.
There are also new kinds of businesses founded by data-savvy founders that don’t look like classic “Big Data” opportunities at all. BillGuard, Coursekit and Simple firmly conform to this notion…They are growing up in their own respective verticals and leveraging collective data for the benefit of the individuals in the collective.
Since launching in May, BillGuard has saved consumers nearly $500,000 in refundable charges, and found unwanted and unauthorized charges for nearly 20 percent of its users.
BillGuard is one of four new companies added to the OBR Hall of Fame in 2011. Note BillGuard’s Powerful homepage message: Protect Your Money
In the near term, BillGuard looks like a fantastic way to improve the safety and honesty of your credit card transactions. Eventually, however, a consumer powered fraud protection service like this one may reshape the financial landscape. Not a moment too soon.
Also check out BillGuard.com, a free financial security service that scans your credit card activity and notifies you of any signs of fraud, hidden charges, billing errors, or potential scams that show up.
CBS News: Money Makeover
If you don't read the fine print you often find yourself signing up for a monthly service. We recommend using BillGuard to monitor your credit card statements for these "gray charges".
Good Housekeeping: Two-Hour Money Makeover
If you don't have the time to scrutinize your bills, sign up for a free service that monitors your statements for these gray charges, like billguard.com.
Last year, more than 100 million consumers shopped online on Cyber Monday, according to personal finance security service, BillGuard.
BillGuard, a personal finance security company which monitors credit card complaints, is trying to harness the collective power of consumers to identify unauthorized charges and suspicious companies.
And now, yes, of course, there's an app for that -- in fact, a free service launched in a beta test earlier this year called BillGuard that will look at your bills for you to try to determine if you're being ripped off or are paying recurring charges you weren't aware of.
Yaron Samid, CEO and co-founder of BillGuard in New York, likens his company to Robin Hood and his merry band on a mission to return pilfered money to the masses.
“Elevator Pitch” host Alan Meckler grills entrepreneur Yaron Samid about his company BillGuard, a credit card protection service that recently closed a $10 million round of financing.
E-Commerce Times: Big money for big data
"Small companies have the luxury of taking big risks and tackling impossible problems from entirely new angles," observed Yaron Samid, cofounder and CEO of BillGuard.
BillGuard’s predictive algorithms alert users of unwanted charges such as hidden fees, billing errors, scams and fraud on credit card bills. It’s found at least 1 unwanted or unauthorized charge on over 20% of its user cards, totaling a whopping quarter of a million dollars in savings.
At the press conference, Stein, along with Jason Henrichs of online rewards bank PerkStreet Financial and Yaron Samid of antifraud service BillGuard, spoke up about the "broken" financial industry and in favor of fairly priced, responsible financial services.
BillGuard.com is a new site that can save you time trying to keep track of any fraudulent charges on your credit or debit cards.
Cool tool: For extra protection for your credit card, BillGuard is a free service that scans your credit card transactions for unwanted and unauthorized charges, and flags any suspicious items you may need to take action on. During the holiday spending season, it can help you react immediately to any potentially harmful credit activity.
Not only does BillGuard bring more transparency to the financial industry, but the two other companies work to show consumers their objectives as a company that both makes profits and caters to the customer.
The financial management and fraud detection provider BillGuard, of New York, uses crowd sourcing in its transaction database to fight fraud.
BillGuard, which is free to consumers, has saved its users nearly $500,000 in hidden charges, billing errors, misleading subscriptions, scams and fraud since it launched at the end of May at the TechCrunch Disrupt conference.
With $10 million in hand, BillGuard plans to increase its research and development, sales, and marketing operations, Samid says. He would like to attract as many of the more than 181 million people in the U.S. with a debit or credit card to BillGuard because each consumer increases the effectiveness of the company’s “people-powered antivirus for bills.”
I like the service and the way it’s using smart data analysis to create a better financial security service for everyone. If it can get deployed by banks, that should help solidify its position, and show the power of crowd sourcing when applied to financial security.
BillGuard is a big data play in a big industry. But it also shows how techniques from the anti-spam and anti-virus worlds of Internet security can be applied to financial security.
At present, BillGuard is free to use for anyone who wants to sign up. So how is it going to make money? The company is talking to large banks that could act as partners and incorporate BillGuard on a per-customer basis for a small fee.
Said Roger Ehrenberg of IA Ventures: "BillGuard is poised to revolutionize the field of fraud detection by augmenting human input with machine learning for the benefit of millions of credit card users.”
Over time, the company's internal engine becomes more sophisticated and learns how to track suspicious charges by finding patterns with certain companies.
But lest you think that raising money is so easy that anyone can do it, (Yaron) Samid has some advice. Don't focus on fundraising at all. Focus on building things people want. "What you need to be focused on is building a lemonade stand," he said. "And people will come buy your lemonade."
Vinod Khosla calls BillGuard a “category-defining company.”
The company, which last month was a "Best in Show" at financial tech conference FinovateFall, tracks millions of billing complaints online and via a transaction flagging system directly in electronic statements.
Samid said, "In 15 years of company building I have never seen consumers react this emotionally to a service, literally from the first login. BillGuard provides a peace of mind that can only come from the collective vigilance of millions of consumers." Vinod Khosla said, "At Khosla Ventures we love entrepreneurs who dare to tackle large problems with disruptive, bottom-up methods. BillGuard is one of the most exciting recent examples of this."
Crain’s New York Business: Reinvented by technology: Financial services
The biggest hit at last month's Finovate conference here was Manhattan-based BillGuard, which uses crowdsourcing to solve a big consumer headache: unauthorized credit card charges.
We've been impressed with BillGuard since we first learned about it earlier this year. And they wowed the crowd at Finovate two weeks ago with a great demo, dynamic presentation and more importantly, a product that resonates with consumers across many demographic segments.
Samid says he asked a "rock star chief technology officer, who was my blueprint for the person I wanted to build my company, who he would choose" as a programmer if he was starting a tech business. He recommended Raphael Ouzan…
Using unique crowdsourcing technology, BillGuard gathers data on scams across the web—and flags them for you, if any show up in your accounts. It takes 30 seconds to sign up, and your accounts are instantly on guard—saving you time and money.
BillGuard alerts you when there are hidden charges, billing errors, forgotten subscriptions, or signs of fraud that show up on your credit cards. It works by analyzing 100 metrics and scouring the web for complaints of similar charges.
What’s worse is that financial institutions don’t detect such transactions that can pass as being legitimate – think of those magazine subscription scams. The problem is addressed by BillGuard, called the “antivirus for bills.”
Yaron Samid is the founder and CEO of BillGuard, a personal finance security company named “2011 Big-Data Startup of the Year” by O’Reilly Media and “2011 Top Startup of the Year Runner-up” by TechCrunch.
US News and World Report: 8 savvy personal finance podcasts
In this weekly podcast produced by the personal finance blog Consumerism Commentary, hosts Luke Landes (aka Flexo), Tom Dziubek, or Bryan J. Busch discuss trends in budgeting and money management with guests like Credit.com co-founder Adam Levin, consumer savings expert Andrea Woroch, and BillGuard.com founder and CEO Yaron Samid.
“There is a wave building now, with companies like BillGuard and Fiverr, plus business-to-business services like Wix or Soluto,” said venture capitalist Saul Klein.
Possibly the hottest startup in town, BillGuard automatically scans customers' online credit-card and utility bills for errors, hidden fees, scams and fraud.
BillGuard is a beautiful, seamless set up process. It’s alarming how quickly and efficiently its software hooks up to your bank accounts.
If you use more than one credit card and you have a pulse, you need to sign up for BillGuard.
BillGuard uses our collective consumer vigilance and its own automated tests to help protect against unauthorized and unwanted charges or even just subscriptions you've forgotten about.
If your credit card statement is too noisy to make sense of, this service may help you save a few bucks.
I love it when entrepreneurs take a trick from one market and apply it to another. The founders of BillGuard have done that with credit card fraud. They took the lessons from the anti-virus and anti-spam markets and apply it to your credit cards.
Tracy Byrnes interviews entrepreneur, Yaron Samid, about his company, BillGuard, a credit card protection service.
BillGuard has actually saved its beta testers over $200,000 in refundable bad charges found in only the first month and the service found unwanted and unauthorized charges on 20% of its beta tester’s cards.
Raphael: “Anti-fraud solutions for the financial industry have long serviced banks and merchants. No one provided a solution for the little guy; consumers. After repeatedly being hit by hidden charges, billing errors, misleading subscriptions and scams, areas banks don’t even attempt to address, we decided it was time to build an credit card antivirus system for us and everyone else.”
Consumerism Commentary: Podcast 117: Yaron Samid, BillGuard
Today’s guest on the Consumerism Commentary Podcast is Yaron Samid, founder and CEO of the personal finance security service BillGuard.
Why You Should Care: It was a finalist of TechCrunch Disrupt NYC 2011 and had VCs saying things like, "That was awesome," and "It's a home run."
[BillGuard] protects transactions using its own computer scans and also by using "crowd sourcing" techniques to reap the benefit of others' experience.
BillGuard will alert you if there's a suspicious charge, or of someone flags on their bill a charge that's also showing up on yours.
BusinessWeek: Credit-Card Cops
BillGuard has developed a system that uses technology and crowdsourcing to alert consumers about suspicious credit-card charges.
The same way in which an identity theft service monitors your credit report for fraud, BillGuard tracks your credit card bills so you don’t have to. The site is already in discussions with a number of major banks and identity theft companies to distribute and recommend BillGuard’s service.