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HED Chips Safeguard the Security for Electronic Banking

Source: 華大電子
 Release Time: 2017-12-07

On December 7, 2017, the 13th Annual Meeting for China Electronic Banking organized by the China Financial Certification Authority (CFCA) and 21ic.com was successfully held in Beijing. CEC Huada Electronic Design Co., Ltd. (hereinafter referred to as "HED") was invited to attend this annual meeting. As a partner of this annual meeting, HED showcased the Bluetooth key and SIM key solutions that have been put into mass production and application.

The Bluetooth key solution, which meets the requirements of cross-platform applications for PCs and mobile devices and supports a variety of security algorithms, provides clients with low-cost turnkey application solutions. Using HED multi-interface high-security chips, this secure and reliable solution has the features of high performance and low power consumption. In the SIM key solution, the mobile payment SIM is used as the SE to provide hardware-based security solutions for bank applications. HED’s mobile payment chips are high-capacity and multi-algorithm high-security chips.

 

 

The security chip series developed by HED have been widely applied to E-banking of many commercial banks including the Industrial and Commercial Bank of China (ICBC), Agricultural Bank of China (ABC), Bank of China (BOC), China Construction Bank (CCB), Bank of Communications, and Postal Savings Bank, and have passed the national EAL4+ certificate and the security and application tests of many industrial test institutions. Besides the Bluetooth key and SIM key solutions, HED also provides security chips and product solutions for the second-generation online banking keys and financial terminals. 

 

Being committed to national information security and driven by scientific innovations, HED engages in independent research and development for high-performance and high-security domestic security chips, and is willing to work with players in the financial industry to improve the security protection competence and promote the healthy development of E-banking.

 

About HED 

CEC Huada Electronic Design Co., Ltd. (hereinafter referred to as "HED"), founded in June 2002 and wholly owned by China Electronics Corporation (hereinafter referred to as "CEC") (00085.HKSE), is China’s well-known smart card and security chip supplier as well as application solution provider. 

 

HED is the global top four smart card chip vender. Its products are widely applied in financial payment, government public utilities, identification, telecommunications and mobile payments etc. both at home and abroad. In recent years, HED has committed to new technology R&D and new applications exploration of the IoT and launches new product line and system solutions to gear to the requirements of intelligent transportation, intelligent home, intelligent grid, intelligent manufacturing, and other areas of the IoT. 

 

To look ahead, HED will continue to explore technology innovation, develop new products and promote innovative applications, striving to provide the market and industry with quality products and provide clients with greater value.

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