Know who you are paying before you pay them.
Business Email Compromise does not require a sophisticated attacker. It requires a substituted account number and a treasury team that has no way to verify the change before the wire releases. JIL closes that gap in under 2 seconds.
Here's what we catch for you.
If you run treasury, wire operations, fraud prevention, or commercial banking risk, this is what JIL screens before any payment leaves your bank. No retraining of your staff required - JIL plugs in between your existing wire/ACH origination system and the network gateway, and produces a verdict in under 2 seconds per payment.
BEC where the attacker switched the account number
The wire is going to your real vendor's name - but to an account number that was changed by an "updated payment instruction" email last week. JIL flags the mismatch between the historical-baseline routing for this vendor and the new instruction in 2 seconds, and seals the evidence so you can prove your team caught it.
Vendor "switched to a new bank"
A long-time vendor sends a notice that they changed banks. The new account is in a different state, owned by a single-signer LLC formed 30 days ago, with a beneficial owner who shares an EIN with another vendor that was already debarred. JIL surfaces all of that before the wire is approved.
First-time payee from email-only instructions
A new payee came in through an email instruction with no prior payment history. JIL runs the destination through corporate registry checks, beneficial-owner lookup, sanctions screening, and verifies the bank account belongs to the named entity at the named address - before the wire releases.
Cross-border wire to a flagged corridor
International wire heading to a jurisdiction that's on FATF's high-risk list, or to a counterparty that has changed banking relationships three times in 90 days. JIL flags the corridor risk and the velocity pattern with a one-click decision-support note for your reviewer.
Velocity outliers
Same originator, same beneficiary, same amount, three times in 30 minutes - or an originator who has never wired more than $50K suddenly trying to wire $4M. JIL catches velocity anomalies that a human reviewer wouldn't see in time.
Sealed proof your team did the right thing
For every wire that cleared and every wire that was held, JIL produces a sealed evidence record showing exactly what was checked, when, and against which sources. If a wire goes wrong despite passing - or if a regulator asks how you knew to hold one - you have the receipt.
A pre-wire decision and a sealed record per payment.
For every wire or ACH submitted to JIL screening, you get back: a verdict (clear / hold / fail) with reasoning, a sealed evidence bundle (we call it a CREB™ - Court-Ready Evidence Bundle) for your audit log, and a cryptographic signature that proves the verdict hasn't been altered. The bundle is admissible in court without requiring an expert witness on the stand. Your fraud team gets a clear queue (only the holds, not the clears). Your auditor gets a complete decision history. Your regulator gets sealed proof of every decision your bank has made in this corridor.
Plug in between origination and the network gateway.
1 · Your wire system calls JIL
Standard REST integration, HMAC-signed. JIL sits between your origination platform and Fedwire / CHIPS / ACH. No core-banking change required.
2 · Verdict in under 2 seconds
JIL runs corporate registry, beneficial-owner, sanctions, corridor risk, velocity, and historical baseline checks in parallel. Verdict + sealed evidence returned synchronously.
3 · Your fraud queue gets only the holds
Cleared wires release immediately. Holds go to your existing fraud-review queue with a structured reasoning summary your reviewer can act on without needing to re-investigate.
Per-wire pricing. Typically a fraction of one prevented loss.
JIL Bank Payment Fraud screening is priced per transaction (basis points on the wire amount, with a low floor for small transfers) plus a flat-fee case-escalation tier for wires that need deeper investigation. Volume-tiered for institutional banks. Most banks see ROI in their first quarter on a single prevented BEC loss alone (average BEC wire-fraud loss: $89K per incident per FBI IC3).
$2.9 billion in losses. Recovery below 18%.
$2.9 billion in BEC wire fraud losses were reported to the FBI in 2023. Actual losses are estimated significantly higher. Recovery is below 18%.
The average incident costs between $125,000 and $3 million. Recovery is below 18% because once a wire clears, it is gone. The attack does not require breaking your bank's systems. It requires intercepting one payment instruction and changing one field - the destination account number. Your system validates the format. It does not validate whether that account belongs to your vendor.
Three things your current system cannot confirm.
Before any wire, ACH, or check instruction is released, JIL confirms three things your current system cannot:
Does the destination account actually belong to the counterparty named on the instruction?
Has this instruction changed recently in a way that matches known BEC patterns?
Does this payment - in this amount, to this destination, at this time - fit the normal pattern for this relationship?
If the account has been substituted, the instruction returns a No verdict. If the timing or amount is anomalous, it holds for review. The money does not move. No recall. No $3 million loss. No conversation with your CFO about a wire that cannot be recovered.
Six checks. Live in weeks.
Six checks scoped to wire and ACH fraud. Live in 2 to 4 weeks.
Destination account cryptographically tied to the verified counterparty record before the instruction is attested.
Any modification to a beneficiary account triggers a 72-hour hold and re-verification.
Email domain age, lookalike detection, SPF/DMARC validation on instruction sources.
Hashed at initiation; any modification between submission and settlement is detected and blocked.
Amount, timing, and destination evaluated against established pattern for this payee.
Same payment, different account returns an immediate No verdict with the original attestation record cited.
Direct prevention. Recovery cost elimination. Compliance leverage.
- Industry average BEC loss rate: ~0.6% of wire volume.
- Expected annual BEC exposure: ~$3M.
- JIL engagement cost at 35 bps on $500M = ~$1.75M annually.
- Prevention of 80% of BEC attempts = ~$2.4M fraud prevented.
- Net benefit year one: ~$650K after engagement cost.
- At higher volumes the math accelerates: a $5B wire book with 0.6% exposure = $30M annual risk, $17.5M engagement cost, $24M prevention at 80% = net benefit $6.5M annually.
- Wire recall costs: $500 to $2,500 per attempt regardless of outcome.
- Legal fees on contested BEC losses: $25,000 to $150,000 per incident.
- Regulatory reporting burden eliminated when fraud is prevented rather than discovered after the fact.
- Duplicate payment detection eliminates reconciliation disputes.
- Account change verification workflow replaces manual callback procedures that are inconsistently applied and frequently bypassed under volume pressure.
- Immutable attestation receipt on every payment - audit evidence generated at settlement, not reconstructed from logs.
- Nacha 2026 APP false-pretenses mandate addressed at the verification layer.
- Every No verdict documented with the specific reason - defensible in regulatory examination.
- OCC, FDIC, and Federal Reserve joint mandate on fraud monitoring across all four payment rails addressed by a single integration.
Built to operate. Not demonstrated in a lab.
JIL Sovereign's reference mainnet runs in production today across ten SCN validator jurisdictions on three continents.
Your system validates the format of the payment instruction. JIL validates whether the account belongs to your vendor. The wire that should not go out does not go out. JIL Sovereign - Banking corridor thesis
2 to 4 weeks.
JIL integrates via API into your existing payment origination workflow. Your operations team sees verdicts through a compliance dashboard. Your treasury team sees nothing different - except payments that should not go out do not go out.
Schedule a banking fraud consultation.
See JIL's verdict engine applied to your wire, ACH, and check corridor. Most engagements go live in 2 to 4 weeks.
Request a briefing
One mailbox for institutional banking briefings, treasury operations diligence, and BEC prevention scoping. Response within one business day.
Schedule a call
For confidential institutional inquiries. Routed to the partner desk for banking corridor scoping and integration planning.