M-Dot Network performed an in-depth analysis of the security and compliance risks associated with building an open platform that processes consumer data and financial information while leveraging cloud computing infrastructure. Our goal was to build a platform with the same level of security and resiliency as today’s ATM machines.

M-Dot Network’s platform is built to the same standards required by the financial transaction processing industry. Our platform is PCI and SOX compliant and will comply with country specific regulation in the United States, Canada, European Union, United Kingdom and Japan.

M-Dot Network has distilled its security strategy into the following seven key levels:

1. Device Level – POS and Payment Device registration process
2. Consumer Level – Consumer identity validation
3. Transaction Level – Encrypted messages over secure protocols
4. Session Level – Time-based expiring session tokens
5. Digital Incentive Level – Unique M-Dot internal incentive key values
6. Infrastructure Level – Best practices for securing servers and virtual images
7. Fraud Detection – Fraud pattern recognition and event processing