Research on security of mobile payment for commercial bank

There is no doubt that mobile payment is the spotlight in Internet finance now.Although users can enjoy quick and convenient services,they have to face with more severe security problems at the same time:the attack incidents,such as cellphone Trojan and privacy leaks emerge endlessly.Lots of viruses...

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Main Authors: Xi CHEN, You-liang TIAN, Zhuo MA, Jian-feng MA
Format: Article
Language:zho
Published: Editorial Department of Journal on Communications 2014-11-01
Series:Tongxin xuebao
Subjects:
Online Access:http://www.joconline.com.cn/zh/article/doi/10.3969/j.issn.1000-436x.2014.z2.018/
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author Xi CHEN
You-liang TIAN
Zhuo MA
Jian-feng MA
author_facet Xi CHEN
You-liang TIAN
Zhuo MA
Jian-feng MA
author_sort Xi CHEN
collection DOAJ
description There is no doubt that mobile payment is the spotlight in Internet finance now.Although users can enjoy quick and convenient services,they have to face with more severe security problems at the same time:the attack incidents,such as cellphone Trojan and privacy leaks emerge endlessly.Lots of viruses which are designed for attacking financial payments can steal users’ personal information including account,password and verification code in the proceedings of remote payment and near field communication.Security issues have already seriously impeded the further development of the mobile payment market.To solve the above problems,discusses the security issues in mobile terminals,payments,network and interactive logic of banking business from financial institutions’ perspective was discussed systematically.In addition,current status of relevant security key technologies are summarized from academic research community and industry fields.Finally,based on related research achievements,the design of system architecture and suggestions for mobile payment security are proposed,which can guide the future development of commercial bank.
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institution Kabale University
issn 1000-436X
language zho
publishDate 2014-11-01
publisher Editorial Department of Journal on Communications
record_format Article
series Tongxin xuebao
spelling doaj-art-db5cdc729f234583b452180e9a9654652025-01-14T06:45:10ZzhoEditorial Department of Journal on CommunicationsTongxin xuebao1000-436X2014-11-013513113959689151Research on security of mobile payment for commercial bankXi CHENYou-liang TIANZhuo MAJian-feng MAThere is no doubt that mobile payment is the spotlight in Internet finance now.Although users can enjoy quick and convenient services,they have to face with more severe security problems at the same time:the attack incidents,such as cellphone Trojan and privacy leaks emerge endlessly.Lots of viruses which are designed for attacking financial payments can steal users’ personal information including account,password and verification code in the proceedings of remote payment and near field communication.Security issues have already seriously impeded the further development of the mobile payment market.To solve the above problems,discusses the security issues in mobile terminals,payments,network and interactive logic of banking business from financial institutions’ perspective was discussed systematically.In addition,current status of relevant security key technologies are summarized from academic research community and industry fields.Finally,based on related research achievements,the design of system architecture and suggestions for mobile payment security are proposed,which can guide the future development of commercial bank.http://www.joconline.com.cn/zh/article/doi/10.3969/j.issn.1000-436x.2014.z2.018/mobile paymentterminal securitynear field communicationvulnerability miningrisk assessment
spellingShingle Xi CHEN
You-liang TIAN
Zhuo MA
Jian-feng MA
Research on security of mobile payment for commercial bank
Tongxin xuebao
mobile payment
terminal security
near field communication
vulnerability mining
risk assessment
title Research on security of mobile payment for commercial bank
title_full Research on security of mobile payment for commercial bank
title_fullStr Research on security of mobile payment for commercial bank
title_full_unstemmed Research on security of mobile payment for commercial bank
title_short Research on security of mobile payment for commercial bank
title_sort research on security of mobile payment for commercial bank
topic mobile payment
terminal security
near field communication
vulnerability mining
risk assessment
url http://www.joconline.com.cn/zh/article/doi/10.3969/j.issn.1000-436x.2014.z2.018/
work_keys_str_mv AT xichen researchonsecurityofmobilepaymentforcommercialbank
AT youliangtian researchonsecurityofmobilepaymentforcommercialbank
AT zhuoma researchonsecurityofmobilepaymentforcommercialbank
AT jianfengma researchonsecurityofmobilepaymentforcommercialbank