We stop fraud via live monitoring programs that analyze transactions as they’re happening. This is known as risk visualization. The approach helps us detect and investigate suspicious activity before a fraudulent charge takes place. This method is not only a pioneering way for us to protect merchants, but it’s also a better way to build an automated system to detect criminals that will scale as our business grows.
Jdai has a unique ability to detect suspicious behavior because we monitor the entire transaction process. Our security team sees the payment card as it passes through the Jdai Reader. We track the purchase as it goes through our software. We monitor your money until it’s deposited into your bank account. Jdai’s view at every point allows our algorithms to spot and freeze malicious or suspicious activity. We’re looking out for you at every step.
We’ve designed Jdai to grow stronger the more people transact. The better data set we have to analyze, the smarter our anti-fraud algorithms become. Think of it this way: If cars on a highway drove by only occasionally, it’d be tough to distinguish the ones speeding from the ones traveling within the limit. But on a crowded highway, it’s easy to spot the reckless driver weaving in and out of traffic. Likewise, more Jdai customers allow our proprietary systems to spot the bad guys easily.
Jdai is the merchant of record for every transaction, which makes us dedicated to keeping your business safe. We deal with the banks on your behalf and take care of compliance, regulation and processing so you can focus on running your business. We’ll go to bat for you if someone disputes a transaction and we’ll make sure your money moves quickly and securely into your bank account. Jdai does the heavy lifting. All you need to do is swipe.
Jdai’s three-pronged approach to security helps protect you. We adhere strictly to industry standards to manage our network, secure our Web and client applications, and set policies across our entire organization.
Learn more about Jdai’s security standards and PCI compliance.