Research & Innovation

Stevens Hosts Fall CRAFT Industry Advisory Board Meeting

Industry and academia joined to discuss the latest advancements in fintech

The Stevens School of Business proudly hosted the 7th Center for Research Toward Advancing Financial Technologies (CRAFT) Industry Advisory Board Meeting, bringing together fintech’s leading minds for a dynamic exchange of ideas and innovations. The gathering showcased CRAFT's ongoing commitment to fostering collaboration between academia and industry in the fintech space.

The event included distinguished speakers from the University of Cambridge, Plug and Play, and BNY Mellon and engaging panel sessions exploring the CRAFT PI Experience and the critical intersection of fintech with climate impact, demonstrating the center's dedication to addressing both technological advancement and environmental sustainability.

Industry Advisory Board members shared valuable insights through presentations highlighting fintech challenges, real-world use cases and success stories that underscore the transformative potential of innovation. These presentations provided concrete examples of how CRAFT's research initiatives are driving practical solutions in the financial sector.

The two-day format, featuring both open sessions and closed-door discussions, ensured thorough consideration of new research directions while maintaining transparency in the center's operations, reinforcing CRAFT's position as a leading force in fintech innovation.

CRAFT is the first National Science Foundation Industry-University Cooperative Research Center (IUCRC) ever approved to focus on the emerging challenges of the high-tech financial services industry. CRAFT’s founding universities – Stevens Institute of Technology and Rensselaer Polytechnic Institute – are premier science and engineering universities, long-established and experienced in research programs, with a complete portfolio of relevant scientific disciplines appropriate for the fintech focus.