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  • BSI
    BS ISO 12812-1:2017 Core banking. Mobile financial services - General framework
    Edition: 2017
    $473.45
    / user per year

Description of BS ISO 12812-1:2017 2017

This document defines the general framework of mobile financial services (payment and banking services involving a mobile device), with a focus on:

  1. a set of definitions commonly agreed by the international financial industry;

  2. the opportunities offered by mobile devices for the development of such services;

  3. the promotion of an environment that reduces or minimizes obstacles for mobile financial service providers who wish to provide a sustainable and reliable service to a wide range of customers (persons and businesses), while ensuring that customers’ interests are protected;

  4. the different types of mobile financial services accessed through a mobile device including mobile proximate payments, mobile remote payments and mobile banking, which are detailed in other parts of ISO 12812 ;

  5. the mobile financial services supporting technologies;

  6. the stakeholders involved in the mobile payment ecosystems.

This document includes the following informative annexes:

  • an overview of other standardization initiatives in mobile financial services (Annex A);

  • a description of possible mobile payment business models (Annex B);

  • a description of typical payment instruments which may be used (Annex C).



Standard NumberBS ISO 12812-1:2017
TitleCore banking. Mobile financial services - General framework
StatusUnder Review
Publication Date2017-04-30
Identical National Standard OfISO 12812-1:2017
DescriptorsMobile, Interoperability, Banks, Financial institutions, Finance, Consumers
ICS03.060 Finances. Banking. Monetary systems. Insurance
CommitteeIST/12
ISBN978 0 580 79571 8
PublisherBSI
Pages46

About BSI

BSI Group, also known as the British Standards Institution is the national standards body of the United Kingdom. BSI produces technical standards on a wide range of products and services and also supplies certification and standards-related services to businesses.
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