The first fintech research center funded by the National Science Foundation 

CRAFT logoInnovations in industry are now driven by technology. Speed, security, computational power and novel analytical systems have become critically important to success on this bold new playing field. Responding to the urgent need for solutions to these new challenges, CRAFT, the Center for Research toward Advancing Financial Technologies, was established in summer 2021 by Stevens Institute of Technology and Rensselaer Polytechnic Institute, co-sponsored by the National Science Foundation (NSF).

Businesswoman looking at laptop standing by windowCRAFT is the first research center funded by NSF with a focus on the financial industry. Working together, the center's academic and industry partners will collaboratively create innovative solutions such as decentralized finance, AI-enabled finance, quantum finance and solutions to climate-related impacts on investment, while also helping secure our financial data, create and test more equitable trading platforms, inform financial regulations, and support improved market simulation and stress-testing tools that ensure financial system stability for all.

Request for proposals

CRAFT is seeking new proposals for fintech-related research projects.
>>See RFP

Latest projects

See CRAFT's funded projects for the 2022-2023 cycle.

Become a member

By partnering with CRAFT, your organization will have the opportunity to shape an important national fintech research program.

In addition, CRAFT membership offers tangible business values:

  • Access to talent

  • Access to research results

  • Leveraged research dollars

  • Networking potential > More

green futuristic skyscrapers What is fintech?

The “fin” in fintech includes:
  • design and operation of financial market infrastructure systems – exchanges, custody, clearing and settlement systems

  • banking services, credit creation, digital currencies, and payment systems > More

The “tech” in fintech includes:
  • distributed ledger technologies (e.g., blockchain)

  • quantum computing and communications > More