Viewing entries tagged
encryption

NYC FinTech Innovation Lab Selects Inpher for 2019 Program

NYC FinTech Innovation Lab Selects Inpher for 2019 Program

Inpher VP of Business Development, Kevin McCarthy, presents Secret Computing

Inpher was selected among a field of hundreds of applicants to participate in The FinTech Innovation Lab, a program run by The Partnership Fund for New York City and Accenture. The Lab is a “highly competitive, 12-week program that helps early- to growth-stage enterprise technology companies refine and test their value proposition with the support of the world’s leading financial service firms.” The program concludes with a live pitch to 40+ participating financial institutions demonstrating the value of Secret Computing® to the financial services industry.

The Inpher team is sponsored by 6 leading financial institutions including multinational banks and hedge funds, while also receiving mentorship from leaders such as Cris Conde, Andy Brown, David Mordecai, Jonah Crane, Maria Vullo, Raj Chakraborty, David Treat, and John Cusano.  Furthermore the FinTech Lab team including Maria Gotsch, Sunny Parikh, Dominic Paolino, and Jen Mongiori have generously contributed their time and expertise.

We look forward to continuing this momentum with several emerging use cases in financial and regulatory technologies as the program concludes. If you want to learn more about how Secret Computing® adds value within the financial services industry, send us a note at info@inpher.io.


From WSJ: Why Encryption of Corporate Data Remains a Powerful but Underutilized Tool

From WSJ: Why Encryption of Corporate Data Remains a Powerful but Underutilized Tool

In her article Why Don’t Companies Just Encrypt All Their Data? Sara Castellanos details the traditional trade-offs that enterprises make between data security and utility.  As she states:

Companies can’t easily perform analysis or machine learning on encrypted data. So at a time when artificial intelligence and real-time data analysis is crucial for competitive advantage, executives must decide what to encrypt and for how long.
— Sara Castellanos, The Wall Street Journal

While citing executives from Microsoft Azure and Box, who acknowledge that "security trumps everything else", she insightfully recognizes that there is a novel approach to this dilemma that  leverages encryption in-use.  "New York-based startup Inpher Inc., for example, has developed technology that enables data to be processed while it remains encrypted, allowing machine learning and analytics to be run without ever exposing the data."

Inpher chosen for Thales Cybersecurity Program at Station F in Paris

Inpher chosen for Thales Cybersecurity Program at Station F in Paris

Station F  is the biggest startup campus in the world, backed by Xavier Niel and located in Paris.

Station F is the biggest startup campus in the world, backed by Xavier Niel and located in Paris.

Inpher will join the Thales Cybersecurity program at the famed Station F to implement next generation products for analytics and machine learning on encrypted data.  

As a recognised expert in cybersecurity, Thales has now the challenge to make this programme successful creating new opportunities for the startups but also for the Group. As cybersecurity is a prerequisite for any digital transformation, we have a great venue to reach our goal: co-develop the most innovative cybersecurity solutions.
— Patrice Caine, Chairman & CEO of Thales

Inpher selected as a finalist for the Banking Cybersecurity Innovation Award at Société Générale

Inpher selected as a finalist for the Banking Cybersecurity Innovation Award at Société Générale

Inpher's XOR Secret Computing Engine est en mesure de maintenir des données cryptées tout en exécutant dessus des algorithmes d'analyse et d'apprentissage machine tout en respectant la juridiction appliquée en matière de traitement des données et la réglementation comme la GDPR.

June 16, Paris France.  Out of over 40 applicants, Inpher was selected as a finalist for the Banking Cybersecurity Innovation Award by Société Générale and Wavestone.   Secret Computing™ technology not only helps the bank protect their data, but empowers their data sciences teams to analyze it while remaining compliant with the upcoming General Data Privacy Regulation.  The winning company to instill  “Digitial Confidence for the Bank” will be announced on July 5.

ING and Inpher collaborate through Fintech Village

ING and Inpher collaborate through Fintech Village

Inpher was selected as one of 10 international startups for ING's Fintech Village to build a Proof of Concept with our next generation product for zero-knowledge computing.  This will help ING to securely scale their cloud initiative and improve their analytical models by enabling computation on private data sources without ever seeing the data. 

Inpher are real specialists in encryption and they are searching to improve the combination of security and usability by enabling analytics on encrypted data. That ability is key for the usage of public cloud solutions, like ecosystems, in the financial industry.
— Johan Smessaert, Head of ITS Platform Services, ING