1. DOCUMENT #:GSC15-PLEN-77 FOR:Information SOURCE:CCSA AGENDA ITEM:8 CONTACT(S):Mr. Zhao Ping, zhaop@gsta.comzhaop@gsta.com Telecom Finance Zhao Ping CCSA China Telecom Global Standards Collaboration (GSC) GSC-15

2. Telecom Finance Definition  Telecom Finance ─Is a common important infrastructure functionalities including Identification networking, E-money, payment, banking, exchange, investment, even P2P finance etc. for service/application entities or users in SP/NO world. With mobile and fixed telecom technologies, these features can be easily accessed anytime, anywhere, by anyone and could be supported in P2P mode.

3. Telecom Finance Functionalities Framework Identification Network/Terminal Financial Entities/Facilities E-Money X-Wallet Payment Banking Exchang e … Regulations Management B2B B2C P2P Finance …

4. Key Requirements of Telecom Finance  Anytime, anywhere, can pay Online payment Mobile payment Fixed payment Remote payment Onsite payment  Anytime, anywhere, can do business  Anytime, anywhere, can finance  Anyone can be Alibaba/Taobao/eBay owner in SP/NO.  Telecom Finance activities will be implemented through telecom activities, maybe a finance data session or a call.  Security / Everything Identification

5. Strategic direction  General Telecom Finance Framework.  Identification networking for Telecom Finance.  E-money, payment etc. in SP/NO to support B2B, B2C, C2C.  Widely provide financial service with telecom technologies.  Interface between Telecom and finance side.  Interoperability.  Regulations and management.

6. Challenges  Regulations of Telecom Finance  Security  Habit and culture impact  International interoperability  Co-operations among PSO, SDOs, Telecom and Finance side.

7. Development of Telecom Finance  Current standardizations and work The technology requirement for electronic payment of mobile terminal based on short-range radio communication technology,Technology report, CCSA Identity management and identification systems, HIS, GSC Others.  Micropayment / Small number payment-- China Mobile  Online payment—Taobao/ Alibaba  Mobile payment / Banking-- KDDI / NTT  E-Money— NII  Future steps and standardizations General telecom finance framework Further study E-money, payment etc. in SP/NO, including P2P Interface between telecom and finance Telecom Finance study as Internet of Things.

8. Why Telecom Finance  Perfect payment in SP/NO cyber-society.  Easily, equally and widely to access financial service for most population.  Faster money flow, e-business promotion to boom global economy.  Better financial regulations through identification networking.  Enhanced features for both sides of telecom and finance.  More green.  Make our society better.

9. New HIS Proposal  CCSA would like to propose Telecom Finance as a new HIS in GSC.

10. Thank you! zhaop@gsta.com +86 20 3863986

11. Supplementary Slides 11

12. Telecom Value is Changing  Traditional telecom value Anytime, anywhere, to communicate  New telecom value Anytime, anywhere, to do everything in SP/NO Smart grid, E-health, ITS, USN, Railway communication, R- education, entertainment, enterprise application, e-business such as Alibaba/Taobao/eBay etc.  Major factors are needed to do everything Information flow - Information money flow - Finance Goods flow - Logistics

13. Fiber, Copper, Duct, Physical media, etc. Video/Audio, IPTV, OnlineGame, eCommerce, Searching, BestTone, IM, VAS, CP etc. 4G/3G, NGN/IMS, internet, PSTN, Wimax, ICT, BroadBand etc. Tier 3 Operators Tier 2 Operators Tier 1 Operators Future Telecom Business Transformations Infrastructure Network Operator (NO) -10+ Service Provider (SP) - 10000 + Telecom and Finance need each other in SP/NO  In SP/NO world, Strong link between Telecom & Finance, which is Telecom Finance.

14. Telecom Finance Study  Telecom Finance Framework Technology  Infrastructure for SP/NO  Identification Network in NGN  Interface between Telecom Operators and Banks.  Security Management  Rules  Regulation  Enforcement.  Cooperation

15. About Security  General Basic Security Identification--Identification should be everything for security Physical identification  Physical port/card  Physical connection  Physical Location/address Network Identification  Network address  Connection/route  Terminal  Signaling Service/Application Identification  Service/Application  Process Business/User Identification  Individual / enterprise / SP  SP/NO interface Finance Identification

16. Implementation of Telecom Finance  ID card, credit card embedded in phone/terminal can communicate anytime, anywhere.  E-Money will replace traditional money step by step.  P2P finance will be supported together with traditional finance.  Implement a integrated infrastructure for B2B, B2C and C2C business in our SP/NO cyber-society.

17. Summaries  Telecom operation requires more financing functions. Telecom operators and banks will impact each other.  Telecom Finance needs a IDENTIFICATION network technology.  Telecom Finance, also Internet of Things.  Telecom Finance, a new important infrastructure to boom economy.  Standardization of Telecom Finance. Telecom Finance, Better Society.

18. Definitions  E-Money refers to money which is only exchanged electronically.  P2P finance refers to person to person lending without the intervention of banks.

19. Fora  OMA  MeT  Mobile Payments Forum  Mobey Forum  PayCircle  Irda  Raddichio  Liberty alliance  Parlay/OSA  GSMA