Methods for securely storing sensitive data on mobile device

A system comprising:

• a trusted application manager computer;
• a digital wallet server computer;
• and
• a consumer mobile device configured for communicating with the trusted application manager computer and with the digital wallet server computer, the consumer mobile device comprising:
• a mobile device processor;
• at least one storage device operably connected to the mobile device processor;
• receive and transmit circuitry operably connected to the mobile device processor;
• and
• at least one biometric sensor operably connected to the mobile device processor;
• and wherein the at least one storage device comprises instructions configure to cause the mobile device processor to:
• download, from the digital wallet server computer, a mobile wallet application including a white box software development kit (SDK) which includes code protection processes;
• obfuscate consumer financial data and consumer authentication data by running the downloaded code protection processes of the white box SDK;
• store the obfuscated consumer financial data and consumer authentication data in a regular memory of the mobile device;
• run at least an anti-debug protection application of the white box SDK to protect sensitive applications stored in the regular memory which execute during a transaction from attack;
• re-obfuscate at least one of the consumer financial data and the consumer authentication data according to a predetermined time interval;
• and
• reset at least one key used to one of encrypt or decrypt at least one of the consumer financial data and the consumer authentication data in response to the re-obfuscating.