Debix
Encyclopedia
Debix is a credit monitoring service based out of Austin, Texas
. The company was founded in 2004 and reports to have protected over 800,000 consumers since. Debix provides data breach solutions for organizations as well as consumer protection through its OnCall Credit Monitoring. Major clients include Health Net
, AvMed, and the University of Maine
. In 2010, Debix was recognized as an AlwaysOn Global 250 winner "signifying leadership amongst its peers and game-changing approaches and technologies that are likely to disrupt existing markets and entrenched players in the Global Silicon Valley".
Debix was chosen by Sony
to provide 1 year of AllClear ID
identity protection services to customers affected by the system breach it suffered in April 2011 .
in 2005. Works is an electronic payment solutions provider, and Holland invented the patent-pending technology that enables large organizations to approve and control payments for operating expenses via credit cards. In July 2011, Debix was granted U.S. Patent No. 7,983,979 for multi-band, multi-factor authentication design.
to its customers. This means that that whenever someone applies for credit in a customer’s name, a confirmation call is placed. Once called, the Debix customer can either confirm the credit request or report it as fraud. If fraud is reported, the customer is connected to a fraud investigator. Consumers can use credit monitoring services to monitor credit history
including new accounts and inquires into opening new accounts, to verify whether the transactions are fraudulent or not.
, the first free identity theft protection service for families. AllClear ID offers a free service which monitors data for stolen personal information and provides free identity repair in addition to a premium product.
Austin, Texas
Austin is the capital city of the U.S. state of :Texas and the seat of Travis County. Located in Central Texas on the eastern edge of the American Southwest, it is the fourth-largest city in Texas and the 14th most populous city in the United States. It was the third-fastest-growing large city in...
. The company was founded in 2004 and reports to have protected over 800,000 consumers since. Debix provides data breach solutions for organizations as well as consumer protection through its OnCall Credit Monitoring. Major clients include Health Net
Health Net
Health Net, Inc. is among the United States of America's largest publicly traded health insurers. The company’s HMO, POS, insured PPO and government contracts subsidiaries provide health benefits to approximately 6.6 million individuals in all 50 states and the District of Columbia through group,...
, AvMed, and the University of Maine
University of Maine
The University of Maine is a public research university located in Orono, Maine, United States. The university was established in 1865 as a land grant college and is referred to as the flagship university of the University of Maine System...
. In 2010, Debix was recognized as an AlwaysOn Global 250 winner "signifying leadership amongst its peers and game-changing approaches and technologies that are likely to disrupt existing markets and entrenched players in the Global Silicon Valley".
Debix was chosen by Sony
Sony
, commonly referred to as Sony, is a Japanese multinational conglomerate corporation headquartered in Minato, Tokyo, Japan and the world's fifth largest media conglomerate measured by revenues....
to provide 1 year of AllClear ID
AllClear ID
AllClear ID, released in 2010, is an identity theft protection product from the company Debix. Debix was founded in 2004 and uses patented technology to alert customers of potential fraud....
identity protection services to customers affected by the system breach it suffered in April 2011 .
History
Debix was founded in 2004 by Bo Holland. After working in the financial industry, Holland used his knowledge of how banks and institutions handled credit requests to create Debix’s identity protection network. Holland was previously founder and CEO of Works, Inc., which was acquired by Bank of AmericaBank of America
Bank of America Corporation, an American multinational banking and financial services corporation, is the second largest bank holding company in the United States by assets, and the fourth largest bank in the U.S. by market capitalization. The bank is headquartered in Charlotte, North Carolina...
in 2005. Works is an electronic payment solutions provider, and Holland invented the patent-pending technology that enables large organizations to approve and control payments for operating expenses via credit cards. In July 2011, Debix was granted U.S. Patent No. 7,983,979 for multi-band, multi-factor authentication design.
OnCall Credit Monitoring
Debix’s OnCall Credit Monitoring uses patented technology to offer credit report monitoringCredit report monitoring
Credit report monitoring is the monitoring of one's credit history in order to detect any suspicious activity or changes. Companies offer such service on a subscription basis, typically granting regular access to one's credit history, alerts of critical changes to one's credit history, and...
to its customers. This means that that whenever someone applies for credit in a customer’s name, a confirmation call is placed. Once called, the Debix customer can either confirm the credit request or report it as fraud. If fraud is reported, the customer is connected to a fraud investigator. Consumers can use credit monitoring services to monitor credit history
Credit history
Credit history or credit report is, in many countries, a record of an individual's or company's past borrowing and repaying, including information about late payments and bankruptcy...
including new accounts and inquires into opening new accounts, to verify whether the transactions are fraudulent or not.
AllClear ID
In April 2011, Debix introduced AllClear IDAllClear ID
AllClear ID, released in 2010, is an identity theft protection product from the company Debix. Debix was founded in 2004 and uses patented technology to alert customers of potential fraud....
, the first free identity theft protection service for families. AllClear ID offers a free service which monitors data for stolen personal information and provides free identity repair in addition to a premium product.