U.S. Bank introduced a service called Project 360, designed to help customers protect their privacy, according to a Wednesday (Oct. 7) press release.
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Project 360 lets users monitor credit activity, identify threats to their privacy and respond when personal info might be exposed, per the release.
“Fraud, scams and the exposure of personal information have become an everyday reality for consumers, making basic monitoring tools almost a baseline expectation,” Arijit Roy, head of consumer and business banking products at U.S. Bank, said in the release. “But consumers want more than alerts after the fact. They want help understanding where they’re vulnerable and what steps they can take to better protect themselves. Protect 360 is designed to provide a more proactive line of defense, helping clients stay informed, take action sooner, and regain control of their digital and financial lives.”
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Project 360 lets customers monitor changes to their credit profile, get alerts when their information shows up on data broker sites, and remove information from exposed sites, according to the release. The service is available through U.S. Bank’s mobile app and website, and there is a free “Essentials” plan and a $9.99 per month “Premium” version.
Banks are facing a dual-edged problem when it comes to preventing fraud and scams, PYMNTS reported Sept.
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