6 FinTech Winners Revealed

Large banks threw their support behind six budding financial technology companies, helping them integrate their tools and maximize value.
July 12, 2013


New York City is the center of Financial Technology. At least, that’s what the third annual FinTech Innovation Lab is trying to prove.

On Thursday, after months of development and mentoring by big financial institutions, six winners of the competitive program were given the chance to present their financial technology products.

From security, consumer engagement, data analytics and storage, each business showed the potential to shake up the way financial services do business.

Here’s the scoop.


1. Centripetal Networks – Cyber Security with Agility

Centripetal Networks created an advanced cyber security solution, including a network-based security appliance and other services.

The Problem: Cyber threats are getting worse and worse according to CEO Steven Rogers (pictured at right). It is estimated more than 400 million malwares have been identified, and about 90% of all hacks were used with one-time-only malware. It seems hopeless to keep up.

The Solution: Centripital’s fast filtering algorithms enable over 100 trillion effective decision rate (EDR) per second (>1000x improvement) to combat cyber attacks. “It’s the first cyber product where ability to the protect scales larger than the ability to attack.”

Wall Street & Technology encourages readers to engage in spirited, healthy debate, including taking us to task. However, Wall Street & Technology moderates all comments posted to our site, and reserves the right to modify or remove any content that it determines to be derogatory, offensive, inflammatory, vulgar, irrelevant/off-topic, racist or obvious marketing/SPAM. Wall Street & Technology further reserves the right to disable the profile of any commenter participating in said activities.

 
Disqus Tips To upload an avatar photo, first complete your Disqus profile. | Please read our commenting policy.
 
< Previous 1 2 3 4 5 6 7 Next > 
Photo courtesy of FinTech Innovation Lab run by the Partnership Fund for New York City and Accenture.

< Previous 1 2 3 4 5 6 7 Next >