Page 374 - The Digital Financial Services (DFS) Ecosystem

Ecosystem
A development execution environment that has security capabil-
Security specification of the system which defines effectiveness
sign into a system by measuring some intrinsic characteristic of
Any process that validates the identity of a user who wishes to
"real" numbers, to protect against the theft and misuse of the
"real" numbers. Requires a capability to map the token to the
The use of a substitute token ("dummy numbers") in lieu of
ities and meets certain security-related requirements.
etc.) to authenticate that person.
of risk protection.
"real" number .
that user .
Alternative and Related T erms Definition Any device meant specifically for managing the receipt of elec- T erminal, Acceptance Device, POS, mPOS tronic payments. The process of encoding a message so that it can be read only by the sender and the intended recipient. A software program that makes it possible for applic

Decryption

T erm

(continued) Point of Sale Device Encryption Application Program Interface Biometric Authentication T okenization Trusted Execution Environment Security Level Biometric Authentication Blockchain

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