Critical Analysis of Visa payWave : a Popular FinTech Payment Tools

Research output: Conference Papers (RGC: 31A, 31B, 32, 33)31A_Invited conference paper (refereed items)Yespeer-review

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Author(s)

  • Daniel W.K. TSE

Related Research Unit(s)

Detail(s)

Original languageEnglish
Publication statusPublished - Jun 2017

Conference

Title18th Info-Security Conference 2017
LocationHong Kong Convention and Exhibition Centre
PlaceHong Kong
Period9 June 2017

Abstract

Besides possessing large amount of petroleum, another factor that can determine the wealth of a nation is the well-established financial system. Recently, financial system has taken a great stride forward in making use of modern information technology, i.e. FinTech. One of the most important FinTech is the electronic payment systems particular mobile payment systems. Before we can perform any risk assessment of such FinTech, we have to “know ourselves” by understanding our weaknesses and “know our enemies” by understanding how our enemies attack us. This paper discusses and critically analyses one of the most popular mobile payment systems – Visa payWave which has the largest market share in mobile payment systems. Focuses are on security risks, operational efficiency, flexibility and auditability concerns.

Research Area(s)

  • Information Security, FinTech payment, FinTech, mobile payment systems, Visa payWave, security, efficiency, flexibility, auditability, risk management

Bibliographic Note

Information for this record is provided by the author(s) concerned.

Citation Format(s)

Critical Analysis of Visa payWave : a Popular FinTech Payment Tools. / TSE, Daniel W.K.

2017. 18th Info-Security Conference 2017, Hong Kong.

Research output: Conference Papers (RGC: 31A, 31B, 32, 33)31A_Invited conference paper (refereed items)Yespeer-review