Huawei's security testing services are increased, and China Merchants Bank's financial risk control innovation and upgrade

Financial security is the cornerstone of the continuous advancement and sustainable development of the banking industry, and the risk of financial fraud has always been a long-term challenge for the banking business. The banking industry urgently needs continuous technological innovation to reduce the risk of fraud.

As a leading retail bank in China, China Merchants Bank puts forward three requirements for its financial security in the bank: ensure that risks are controllable, to meet compliance with regulations, and to pursue experience leading . Since 2016, China Merchants Bank began to deploy a new generation of unified risk control platform-"Libra" risk control system, and in April this year, "Libra" risk control system formally connected to Huawei's security testing services.

As a unified risk control platform for the whole bank, the "Libra" risk control system is applied to multiple online and offline channels and scenarios of China Merchants Bank, including mobile banking App login, transfer, payment, purchase of wealth management products, card swiping on POS machines, and ATM machine withdrawals. , All the risks are detected by the "Libra" risk control system in an instant and the risk control score is given. Wu Lei, head of China Merchants Bank’s cyber security team, said, “Huawei’s security testing service not only complements the previously unavailable risk detection dimensions, but also satisfies the three requirements of CMB’s risk control, compliance and experience leadership.” .

system integrity check function in Huawei's security check service can quickly check whether the device's operating environment is safe, helping China Merchants Bank's App to realize a trusted execution environment check, and then make risk decisions efficiently. The China Merchants Bank App also uses the malicious Wi-Fi detection function in the security detection service to enhance protection for transactions in the Wi-Fi environment that may be risky, thereby reducing the occurrence of risky transactions. malicious application detection helps mobile banking to detect risks while meeting regulatory compliance requirements and improving China Merchants Bank’s security reputation.

Especially in terms of user experience, Huawei's security inspection service has withstood the stringent low-latency response test of China Merchants Bank. On April 8, 2021, the China Merchants Bank App 9.2.0 version was launched in major application markets. Software update reminder: Added support for Huawei security testing services. After several months of use, the China Merchants Bank App has invoked security inspection services during program opening, payment, and transfer. The daily invocation volume is as high as 17 million, and the operation is stable. Wu Lei said: “China Merchants Bank has very high requirements for the response speed of transaction risk decisions, reaching within 30 milliseconds. After the security detection service is connected to the "Libra" system, there are not many outreach processes. Its high availability, security, and development flexibility are all Meet the requirements of China Merchants Bank without affecting user experience."

In the future, Huawei's security testing services look forward to working hand in hand with more outstanding customers in the banking and financial industries to build a strong financial security defense line and contribute to the protection of the people's property safety.

Learn more about the content>>

Visit Huawei Developer Alliance official website

Obtain the development guide document
Huawei Mobile Services open source warehouse address: GitHub , Gitee

and learn about the latest technical information of HMS Core for the first time~