Page 375 - The Digital Financial Services (DFS) Ecosystem
P. 375

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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