1

Innovative Secure Payment Solutions

John QIAN

Senior Manager

March, 2014

2

• Online and mobile security risks • PKI based USB token • Secure payment case studies

Outline

3

Online and Mobile Security Risks

4

• Man In the Middle Attacks • Trojan Horses Attacks • Real-time Transaction

Manipulation • Social Engineering• Phishing sites

Online Security Risks

Cybercrime and espionage could be costing the world between $70 billion (£46 billion) and $400 billion a year from a total global economy of $70 trillion, a new estimate by the Center for Stategic and International Studies (CSIS) has calculated.

Source McAfee, July 2013

5

• High Virus Susceptibility• Lost and Theft • Unsecured communication• Remote Access Tools (RAT)

Mobile Security Risks

• JuniperResearch: Mobile Banking Users to Exceed 1 billion in 2017, Representing 15% of Global Mobile Subscribers

http://www.juniperresearch.com/viewpressrelease.php?pr=356

• Mobile Payment transactions is projected to reach $650 billion by 2014

6

PKI based USB Tokens

7

PKI Based USB Tokens

1st Gen USB Token

2nd. Gen.USB Token

1.5 Gen USB Token

No display, No interactive elementAlways connected to host PC

A switch to trigger transaction signing

HIP: Sign what you see

8

Ultimate protection: Human Interactive Peripheral

Bank

9

Sonic Encoding Communication

USB Token

SEC: Sonic Encoding Communication

IC Card Reader

10

• Cross-platform applications extensions• Any payment media, anyplace, anytime

3rd Generation PKI USB Token

11

Secure PaymentCase Studies

12

Mobile Payment Case Studies

TV Shopping

Vending

E-commerce

POS

Bank

13

Mobile Payment Case Studies

TV Shopping

Vending

E-commerce

POS

Bank

14

• No external driver required• Compatible across browsers: IE, Chrome, Safari etc.• Security: HIP PKI• Usability: easy to use

Case Study 1: Online Payment

Payment App Bank

15

• No POS terminal deployment cost • Volume or service fee based to save cost• Payment Info is cycled within completely safe computing env.

Case Study 2: Low Cost SME Payments

Payment AppPOS Terminal Bank

16

• Multimedia

Case Study 3: Multimedia Payments

Payment App Bank

Vending Machines

TV Shopping

17

• Online generated receipts for offline payment

Case Study 4: Online to Offline (O2O)

Payment App BankPOS

18

• Receipt has QR code to feed payment app

Case Study 5: Receipt Based QR Code Payment

Payment App BankQR Receipt

19

• Support IC Card devices• Universal payment App that can handle all payments

Case Study 6: Universal Payment App

Payment App Bank

All Sources

20

• Flexible sources: NFC & QR Code• Latest mobile technology: HIP, SEC & QR Code• Universal payment App• Different shopping experience

Innovative Mobile Payment Demo System

21

• 2nd GEN PKI USB Token offers ultimate transaction protection• SEC technologies drives mobile payment solutions• QR Code authorizing system opens doors for all cross platform

transactions and give rise to 3rd GEN PKI USB Token

Conclusions

22

• A leader in online-banking security, PKI/OTP tokens, smartcards and mobile payment solutions.

• The first to propose the concept of human-interface peripheral, pioneered the development of 2nd Generation PKI tokens

• No.1 Banking Solution Supplier in China• Awards: Deloitte Technology Fast 500 Asia Pacific Company in 2011,

2012 Deloitte Technology Fast 50 China Company in 2011, 2012

Tendyron Corporation

23

Thank You