GuardTime, creator of the Keyless Signature technologyprovidingindisputable
proof of time, origin, and integrity for electronic data, is honored to
announce it was selected a winner in the Innotribe$100K Start-Up
Challenge, honoring the company as one of the most promising financial
technology start-ups in 2011. Selected from over 100 applicants, this
year’s judges awarded the prize to two winners, each receiving $50,000.
The other winning company announced is Truaxis (formerly BillShrink),
for its Statement Rewards application that creates transaction-based
services for financial institutions, merchants and consumers.
The
2011 Innotribe $100K Start-up Challenge was designed to introduce the
most promising FinTech and Financial Services start-ups to SWIFT’s
community of more than 9,700 banking organizations, securities
institutions and corporate customers in 209 countries. The award was
presented in front of an audience of roughly 8000 financial industry
professionals during the Innotribe@Sibos conference in Toronto on 22
September.
"We’re thrilled to be recognized by the financial
services industry for innovation that creates indisputable and
mathematically-sound audit trails for all electronic data, making it
ideal for applications such as Internet banking, mobile payments,
digital log forensics and eDiscovery," said Mike Gault, CEO, GuardTime. "This award further validates why our customers partnered with us, and the benefits they’ve realized from using GuardTime."
KostaPeric,
Head of Innovation at SWIFT, said: "The Start-Up Challenge is a vital
component of Innotribe’s work to nurture new solutions to common
financial industry challenges, and Innotribe@Sibos is the ideal
environment in which to foster collaborative engagement with the most
exciting new propositions coming out of the start-up community. This
year’s winners, including GuardTime, represent innovation at its best."
GuardTime customer/partners include:
* ARKIBIZ, a leader in cloud-based e-documents and records management solutions;
* Authentify, a leader in telephone-based, multi-factor authentication services;
* Brother Industries of Japan;
* Cernam, a cloud-based eDiscovery service provider;
* Ftopia, an online collaboration and storage service;
* Rakuten Bank, Japan’s largest online bank;
* SEB Estonia Bank, one of the most wired banks in the world;
* Joyent, a web-hosting provider and cloud application developer, whose customers include Twitter and LinkedIn.
About GuardTime:
GuardTime
was founded with the goal of solving one of the biggest problems in
computing: trust. GuardTime's Keyless Signatures provide proof of data
integrity, signing authority, and time. The verification of the
signature can be done offline without reliance on keys, secrets, or the
existence of a trusted third party. GuardTime's mission is to change the
world to one where Keyless Signatures are ubiquitous and a natural part
of the everyday data lifecycle, whether on disk, in transit, or in the
cloud.
All company names are trademarks of their respective owners.
Contact:
Victor Cruz
MediaPR.net Inc
Toronto, ON
Canada
+1 978-594-4134
