1. Mobile Payment Forum of India (MPFI) Dr.V.N.Sastry, Executive Secretary, MPFI & A ssociate Professor, IDRBT Institute for Development and Research in Banking Technology, Road. No.1, Castle Hills, Masab Tank, Hyderabad – 500 057 vnsastry@idrbt.ac.in Tel: 91-4023534981 / 09440803813 http://www.mpf.org.in Dt. April 17, 2010 Activities & Developments 2009-2010

2. April 17, 2010Seventh MPFI Meeting at IDRBT, Hyderabad 2 Main Points  Major Events held  Membership status  Financial Status  Research & Developments  Some Issues

3. April 17, 2010Seventh MPFI Meeting at IDRBT, Hyderabad 3 Major Events  Held on February 27,2009 at Hotel Imperial, New Delhi Sixth GB Meeting of MPFI: Workshop on Interoperability Standards  Held on December 2, 2009 at IIT Madras, Chennai Fifth EC Meeting of MPFI  Held on September 11, 2009. Fourth EC Meeting of MPFI:  Held on July 31, 2009 MPFI Society Registration Certificate Issued: March 31, 2009 MPFI PAN Card Issued : 2009 MPFI Bank Account Opened in SBI : 2009

4. April 17, 2010Seventh MPFI Meeting at IDRBT, Hyderabad 4 Technical Committee (TC) Meetings  Held on February 17, 2010 at NPCI Third TC Meeting of MPFI: Fourth TC Meeting of MPFI:  Held on March 18, 2010 at IDRBT, Hyderabad  Held on March 11, 2010 at ICICI Bank, Mumbai Second TC Meeting of MPFI: First TC Meeting of MPFI:  Held on February 3, 2010 at ICICI office in Mumbai

5. April 17, 2010Seventh MPFI Meeting at IDRBT, Hyderabad 5 List of new Institutional members for the year 2010-11 (as on March 31 st 2010) Technology Providers –CanvasM Technologies Ltd. –Samsung India Software Operations Pvt ltd. –Nihilent Technologies –Estel Technologies Private Ltd Bank –Federal Bank Ltd.

6. April 17, 2010Seventh MPFI Meeting at IDRBT, Hyderabad 6 STATUS OF INSTITUTIONAL MEMBERS OF MPFI Institutional Members Aug. 2007 to 31 st, March 2008 1 st April 2008 – 31 st March 2009 1 st April 2009 – 31 st March 2010 1 st April 2010 onwards PaidNew24*36195 (Continued from Jan.2010) Renewal-- *Continued 48 [Out of 60] ExemptedExisting6666 New--- TOTAL3042[+24]=6619+48+6=73

7. April 17, 2010Seventh MPFI Meeting at IDRBT, Hyderabad 7 Research Work on Mobile Payments at IDRBT Protocol and Security Framework for Mobile Payment Systems, –Funded by Ministry of Communications of Information Technology (MCIT), Government of India –From January 2005 to December 2007 Completed. Mobile Adhoc Networks (MANET) for Financial Inclusion –Designed routing algorithms –Designed Access Control Models Structured Financial Messaging System (SFMS) and Message Structures for Mobile Payments –Completed

8. April 17, 2010Seventh MPFI Meeting at IDRBT, Hyderabad 8 Research Work on Mobile Payments at IDRBT “A New Mobile Payment System with Formal Verification”, Shakeel Ahamad Shaik, S.K.Udgata & V.N.Sastry, International Journal of Internet Technology and Secured Transactions (IJITST), To appear in 2010. “Importance and Issues of Implementing Public Key Infrastructure for Mobile Payments”, Shaik Shakeel Ahamad and V.N.Sastry,2009. “Use of short code services for MPFI”, K.Avanthi and V.N.Sastry 2010. Authentication Mechanisms, A.Kavitha and V.N.Sastry,2009.

9. April 17, 2010Seventh MPFI Meeting at IDRBT, Hyderabad 9 Related Programmes Held Programme on Mobile Banking, IDRBT –August 10-11, 2009 –November 5-6, 2009 Programme on Technologies for Financial Inclusion, IDRBT –January 11-12, 2010 Programme on Wireless Technologies and Mobile Payments,IDRBT –December 7-9, 2009 IBA-IDRBT Open Standards for Smart Card Based Financial Inclusion, Jan.2010. IMG (GOI) Report on the use of Mobile Phones for Financial Inclusion, 2010. Integration with UID based Financial Inclusion,2009 &2010. MMT Asia, Africa & World Summits, 2009, 2010

10. April 17, 2010Seventh MPFI Meeting at IDRBT, Hyderabad 10

11. April 17, 2010Seventh MPFI Meeting at IDRBT, Hyderabad 11 Issues  Setting up of MPFI Office Premises - Rental basis / Purchase  One Secretary and One Technical Person to be appointed  Instituting Awards / Certificates of Recognition  Customer Awareness, Education and Complaint registry  Single Short Code Number to MPFI by the Telcos  Vacant positions in various committees & Nomination / election

12. Release of CD on MPFI Developments and Trends  Preface Chapter 1: About the Mobile Payment Forum of India (MPFI) Chapter 2: MPFI General Body (GB) Meetings Chapter 3: MPFI Executive Committee (EC) Meetings Chapter 4: Standards, Regulations and Guidelines Chapter 5: Reports and Research Articles

13. April 17, 2010Seventh MPFI Meeting at IDRBT, Hyderabad 13

14. CD Contents MPFI DEVELOPMENTS AND TRENDS - 2010  Preface Chapter 1: About the Mobile Payment Forum of India (MPFI) a)Genesis of MPFI b)Press Release, Nov 18, 2008 c)MPFI Society By laws i.Certificate of Registration ii.Letter of approval from Govt. of A.P iii.Society Bylaws Document I iv.Society Bylaws Document II d)MPFI Membership Details and Guidelines e)MPFI Application Form f)MPFI Renewal Form g)Contact Address h)MPFI Election FORM i)Executive Committee j)Technology Committee k)Regulatory Committee l)Business Committee m)Communications and Events Committee

15. Chapter 2: MPFI General Body (GB) Meetings 1.Seventh GB Meeting, IDRBT Hyderabad, April 17, 2010 (a) Agenda 2.Sixth GB Meeting, Hotel Imperial, New Delhi, Feb 27, 2009 (a) Agenda (b) Photos (i) PowerPoint Show (ii) PowerPoint Presentation (c) Minutes of the Sixth Meeting of MPFI 3. Fifth GB Meeting, Hotel Hyatt Regency, Mumbai, Nov 18, 2008 (a) Agenda (b) Photos (i) PowerPoint Show (ii) PowerPoint Presentation (c) Minutes of the Fifth Meeting of MPFI

16. 4.Fourth GB Meeting, Royal Orchid Resort, Bangalore, August 22, 2008 (a) Agenda (b) Photos (i) PowerPoint Show (ii) PowerPoint Presentation (c) Minutes of the Fourth Meeting of MPFI 5.Third GB Meeting Vodafone Essar Limited, Mumbai, June 07, 2008 (a) Agenda (b) Photos (i) PowerPoint Show (ii) PowerPoint Presentation (c) Minutes of the Third Meeting of MPFI 6.Second GB Meeting, IC & SR Building, IIT Madras, Feb 16, 2008 (a) Agenda (b) Photos (i) PowerPoint Show (ii) PowerPoint Presentation (c) Minutes of the Second Meeting of MPFI 7.First GB Meeting, IDRBT, Hyderabad Sept 15, 2007 (a) Agenda (b) Photos (i) PowerPoint Show (ii) PowerPoint Presentation (c) Minutes of the First Meeting of MPFI

17. Chapter 3: MPFI Executive Committee (EC) Meetings 1.Minutes of Fifth EC Meeting, Sep11, 2009 2.Minutes of Fourth EC Meeting, Jul 31, 2009 3.Minutes of Third EC Meeting, Oct 17, 2008 4.Minutes of Second EC Meeting, Apr 16, 2008 5.Minutes of First EC Meeting, Dec 19, 2007

18. Chapter 4: Standards, Regulations and Guidelines  Mobile Payments 1.Mobile Payments in India-Operative Guidelines for Banks, RBI, June 12, 2008 2.Mobile Banking Transactions in India, RBI, Sep 19, 2008 3.Mobile Banking transactions in India - Operative Guidelines for Banks, RBI, October 28, 2008 4.Mobile Banking Transactions in India, RBI, Dec 24, 2009 5.Interoperability Standards for Mobile Payments, MPFI, Sep 22, 2009 6.Guidelines for Prepaid Payment Instruments, RBI, Nov 7, 2008 7.Issuance and Operation of Pre-paid Payment Instruments in India, RBI, Apr 27, 2009 8.Prepaid Payment Instrument Amendments, RBI, Aug 14, 2009 9.Mobile Number Portability Amendments, TRAI, Nov 20, 2009 10.Mobile Number Portability Regulations, TRAI, Jan 28, 2010

19. Financial Inclusion 1.Bank Terminal Specifications - Technical Document ver 1.2 2.FI Card Data Architecture Document Ver 1.5.4 3.FI Overview Document Version 1.2 4.FI Terminal Operator Card Architecture Version 1.3 5.Key Management System Architecture Ver 1.0 6.MicroATM_Standards_v1.0 7.Financial Inclusion- Extension of Banking Services – Use of BC, RBI, November 30, 2009. UIDAI – Micropayments, January 2010 CCA Rules and Regulations

20. Chapter 5: Reports and Research Articles 1.Basics of SFMS Standards, IDRBT, 2008 2.Best Practices and Guidelines for Mobile Financial Services, CTIA, January 28, 2009 3.India_An Overview_Case Study, Paymate, February 27, 2009 4.Payment System Technology, RBI, 2009 5.Settlement Models, Aditya Menon, Obopay, February 2008 6.Anti-Phishing by Smart Mobile Device, IFIP Workshop, 2007 7.Consolidated Account System, MPFI, 2008 8.MPFI_Devl_&_Activities, V. N. Sastry, 2008 9.Frequently Asked Questions About NFC, NFC Forum, 2010 10.Mobile Payment Systems and Services: An Introduction, Mahil Carr, IDRBT, 2008 11.Mobile commerce, mobile banking – the emerging – paradigm, K C Chakraborty, RBI, December 4, 2009 12.Mobile Payment Architectures for India, Deepthi Kumar, T A Gonsalves, Ashok Jhunjhunwala and Gaurav Raina, IIT Madras, 2010 13.Mobile Payments 2010- Market analysis and overview, Innopay, Mobey Forum 2010 14.Mobile Payments Channels, MPFI, 2008 15.Short Codes for MPFI, IDRBT, 2010 16.Mobile Phone Banking Best Practices Executive Summary, ATMIA, 2009

21. 17.THE RIGHT TO INFORMATION ACT, GOI 2005 18. The State of Mobile Security in Banking & Financial Transactions, Syniverse, September 2009 19.The transformational potential of M-Transactions, July 2007 20.Payment and Settlement Systems Bill, GOI, 2007 21.Payment Systems in India - Vision 2009-12, RBI 22.Modelling Operational Risk, December 2001 23.Risk Management Principles of Electronic Banking, BCBS, July 2003. 24.Payment Systems in India, Vision Document, RBI January 2005 25.Guidelines on Cell phone Forensics, NIST, May 2007 26.Financial Stability Report, RBI, March 2010 27.Banking on the Mobile, Juniper, 2008 28.Contactless Mobile Payments Report, ITIF, November 2009 29.Dynamic management of multi-application secure elements, Stolpan, 2009 30.NFC Trends, Eurosmart, October 2009 31.Mobile Banking Overview, MMA, 2009 32.Mobile Device Security Element, Mobile Forum,2005 33.Mobilising Socialising, Monetising, Juniper, 2009 34.Transaction Complete! NFC Solutions, Juniper, 2009

22. 35.Fraud Mitigation and Prevention Measures, SCA, 2009 36.Authentication Mechanisms, IDRBT, 2009 37.WPKI for Mobile Payments, IDRBT, 2008 38.Trai guidelines for sms, 2007 39.e-Financial inclusion, MCIT, 2009 40.Series on Financial Inclusion - BC & Branchfree, Sanjay Bhargava, EKO, 2008 41.Financial inclusion – challenges and opportunities-Duvvuri Subbarao, RBI, December 9, 2009 42.The Eko Series on Financial Inclusion, Sanjay Bhargava, EKO, 2008 43.The Series on Financial Inclusion - AML&CFT, Sanjay Bhargava, EKO, 2008 44.The Series on Financial Inclusion - Reputation Bureaus, Sanjay Bhargava, EKO, 2008 45.The Series on UFA- The Global Payment Switch, Sanjay Bhargava, EKO, 2008

23. April 17, 2010Seventh MPFI Meeting at IDRBT, Hyderabad 23