Page 375 - The Digital Financial Services (DFS) Ecosystem
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ITU-T Focus Group Digital Financial Services
Ecosystem
Definition Any device meant specifically for managing the receipt of elec- The process of encoding a message so that it can be read only by A software program that makes it possible for application pro- grams to interact with each other and share data. The use of a physical characteristic of a person (fingerprint, IRI
tronic payments. the sender and the intended recipient. etc.) to authenticate that person. "real" number . of risk protection. that user . transactions.
Alternative and Related T erms T erminal, Acceptance Device, POS, mPOS Digital currency , cryptocurrency , distributed ledger technology
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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