ITU hosts new security lab for digital financial services

ITU has unveiled a new security lab  to support innovators in ensuring the security and resilience of financial applications and enabling infrastructure. The lab was created by the Financial Inclusion Global Initiative (FIGI) Working Group on security, infrastructure and trust. The main objectives of the lab include: supporting government and industry to assess compliance with established best practices in DFS security, establishing security baselines for DFS applications, and adopting interoperable authentication technologies.