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AI for Good Global Summit

Strong Authentication for Digital Financial Services Workshop

​​​​​​​12-13 December 2023

The International Telecommunication Union (ITU) and the SBS Peru organized jointly a Strong Authentication for Digital Financial Services Workshop (DFS) online on 12-13 December 2023 for DFS stakeholders in Peru. ​​

The main objectives of the workshop was to provide:
  • Deep dive on the implementation of FIDO authentication and Blockchain secure authentication standards and protocols to enable passwordless authentication for mobile payments;
  • Provide an overview of the deployment of each respective technology and their address any implementation challenges and, 
  • Share insights on how to address and prevent fraud with regards to digital finance. 
Target audience: This workshop was intended for IT security professionals from the DFS Regulators and DFS providers in Peru​​.  ​

Programme

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12 December 2023 (UTC – 5)

Implementing FIDO for Digit​al Finance​


​15:30 - 15:40
  • Welcome Address by SBS Peru
  • Address by ITU
​15:40 - 16:45
​FIDO Authentication and application in digital finance

This session addressed the following areas of interest:​​​​

  • ​​​​Introduction to the FIDO authentication standards and protocols. Identify components of the architectur.
  • Implementing FIDO2 for financial services: benefits and challenges of implementing FIDO2.  
Speaker: Eugene Lee, VP of RaonSecure ​​(Presentation​)
​16:45 - 17:00​​Coffee Break
​17:00 - 17:45​

​Deploying FIDO for Digital Financial Services
This session addressed the following areas of interest:

  • End user vs server implementation: Compare the pros and cons of end user and server FIDO implementations, and learn how to choose the right approach for your organization.  
  • FIDO credentials management: Learn how to manage FIDO credentials securely and efficiently, including provision, revoke, and recover credentials 
  • Investigating FIDO fraud: Learn about the different types of FIDO fraud, and how to use the information stored by banks to investigate and prevent fraud.  

Speaker: Eugene Lee, VP of RaonSecure ​

​17:45
​Closing Remarks 

​​13 December 2023 (UTC – 5)
Blockchain Secure Authentication

​15:30 - 15:40
​Summary of Day 1 and Introduction to Day 2​
15:40 - 16:45​​Blockchain Secure Authentication (BSA) Passwordless Authentication for DFS
  • ​​​How does BSA technology works and how does it enable passwordless authentication for mobile payments.
  • ITU BSA Sandbox for DFS Regulators
Speaker: ​Radhilufti Madehi​, FNSValue​ (Presentation)
16:45 - 17:00​​Coffee Break
17:00 - 17:45​​Deploying BSA for Digital Financial Services in Peru 
  • ​​End user vs server implementation: Compare the pros and cons of end user and server BSA implementations and learn how to choose the right approach for your organization.
  • BSA credentials management: Learn how to manage BSA credentials securely and efficiently, including provision, revoke, and recover credentials and in cases of lost mobile  device, 
Speaker: Nurzulaikha Zulkifli​, FNSValue​
​17:45​
​Closing Remarks 

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