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Title:
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SAFE SYSTEM: SECURE APPLICATIONS FOR FINANCIAL ENVIRONMENTS USING MOBILE PHONES |
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Author(s):
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Sead Muftic , Feng Zhang , Kasun Dezoysa |
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ISBN:
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978-972-8924-78-2 |
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Editors:
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Piet Kommers and Pedro Isaías |
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Year:
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2009 |
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Edition:
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1 |
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Keywords:
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SAFE, mobile transactions, security, wireless protocols, security infrastructure, mobile phone |
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Type:
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Full Paper |
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First Page:
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387 |
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Last Page:
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392 |
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Language:
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English |
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Cover:
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Full Contents:
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click to dowload 
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Paper Abstract:
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Mobile financial transactions are used by more and more people due to a widespread proliferation of mobile phones and
wireless technologies. One of the most important concerns with such transactions is their security. The reasons are based
on weaknesses of wireless protocols and handling of financial data. These aspects make mobile financial applications
even more vulnerable to fraud and illegal use than similar transactions performed over fixed networks. Therefore, one of
the main prerequisites for successful, large-scale and broad deployment of mobile financial applications is their security.
This paper introduces the concept of SAFE system (Secure Applications for Financial Environment) that represents a
secure, convenient and reliable infrastructure for mobile financial transactions. The infrastructure comprises Mobile
Wallet, three servers: Gateway, IDMS and Bank servers, security protocols, and messages between all components. |
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