The rise of Fintech exposes a critical gap between the world of traditional finance and the emerging fields of advanced technology that are now coming online, somewhat piecemeal, inside many parts of the financial system.

Mission & Focus

CRAFT’s mission is to assist the industry in achieving a great coherence in Fintech research and policy to bridge this gap. The I/UCRC model brings industry and academic representatives together to define a research agenda to support this overarching goal.

CRAFT is also intended to serve as a common forum for companies that might normally view themselves as competitors, and find it difficult to achieve a collaborative mode. CRAFT will facilitate a richer and less conflicted collaboration to address topics of common industry-wide concern. CRAFT also will have participation from representatives of the government world, including the major financial regulators, and can provide a forum for industry Members to interact with and influence public policy and regulation in this field.