Quantum computing

49 articles tagged with this keyword

/retail

Truist prepares for quantum future

Truist Financial, a top ten US commercial bank, has joined the ranks of financial institutions preparing for a quantum future by joining IBM's Quantum Accelerator programme.

/devops

Money20/20: Quantum and generative AI together is ‘scary’ - ING

At Money20/20 in Amsterdam, Finextra chatted to ING’s head of corporate strategy & innovation Jeroen Plag about how the bank has merged the innovation and strategy departments bringing initiatives closer to the business like CoorpID and Blacksmith and is now focusing on building new assets.

/security

Central banks successfully test 'quantum resistant' communications channel

A secure communication channel designed to protect financial data against future threats from quantum computers has been successfully established by the BIS Innovation Hub Eurosystem Centre, in concert with Banque de France and Deutsche Bundesbank.

/security

HSBC partners Quantinuum for quantum computing research

HSBC is working with tech firm Quantinuum on a series of exploratory projects looking at the use of quantum computing in banking.

/markets

Crédit Agricole CIB hails quantum computing experiment results

Crédit Agricole CIB has declared two quantum computing experiments - one investigating the valuation of financial products, the other the assessment of credit risks - a success.

/security

Mastercard to issue 'quantum resistant' contactless cards

Mastercard has approved the first cards for issuers that are compatible with the new EMVCo contactless specifications designed to protect against attacks from both traditional and quantum computers.

/security

Banque de France tests 'post quantum' security tech

The Banque de France has been experimenting with "post-quantum" security technologies as it bids to prepare for a world where quantum computing leaves current IT systems vulnerable to hacks.

/payments

Mastercard forms alliance with quantum computing player D-Wave

Mastercard has formed a multi-year strategic alliance with quantum computing specialist D-Wave Systems, focusing on areas such as loyalty and rewards, cross-border settlement and fraud management.

/security

IBM introduces real-time AI for transaction processing

IBM is harnessing the power of real-time AI to help banks analyse for fraud during transactions on a "massive scale".

/wholesale

HSBC joins IBM's Quantum Accelerator programme

HSBC has joined forces with IBM on a three year project to explore the new frontiers of quantum technology.

/cloud

CaixaBank makes quantum computing breakthrough

CaixaBank has joined forces with vendor D-Wave Systems to apply quantum computing in investment portfolio hedging calculation in the insurance sector.

/payments

NextGen Nordics: Circular economy startup Loopfront sees 300% increase in users

Ahead of our NextGen Nordics conference on 27 April 2022, we will be putting together a weekly briefing of all the top stories that are emerging out of the region and setting the blueprint for payments innovation across Denmark, Finland, Iceland, Norway, and Sweden.

/security

Danske Bank tests quantum communication for data transfer

Danish researchers are claiming a breakthrough in IT security after using quantum communication to transfer data between computers at Danske Bank.

/security

JPMorgan research uses quantum network to protect blockchains

Researchers from JPMorgan Chase, Toshiba and Ciena say they have built a quantum key distribution (QKD) network that can secure blockchain applications against quantum attacks

/Sibos

Sibos 2021: What will Industry 4.0 and 5.0 mean for the financial sector?

Opening Swift Innotribe’s red thread – Banking on Change – on day one of Sibos 2021, was theoretical physicist, futurist and science communicator, Dr Michio Kaku. Known best for his seminal work on string theory, Kaku analysed science’s contribution to wealth generation since the first industrial revolution, and made predictions as to how further technological innovation, particularly artificial intelligence (AI), will steer the financial services sector through the fourth and fifth industrial revolutions, this century.

/devops

Citi joins $25 million round in quantum pioneer QC Ware

Citi has joined a $25 million round in QC Ware, a developer of high-powered applications for near-term 1quantum hardware.

/devops

Credit Agricole CIB kickstarts quantum project

The corporate and investment banking arm of CIB has teamed up with Pasqaland and Multiverse to explore applications for quantum computing in finance.

/devops

CQC develops algo to accelerate Monte Carlo integration with quantum computers

Cambridge Quantum Computing (CQC) says it has discovered an algorithm that accelerates quantum Monte Carlo integration.

/markets

Toshiba and Dharma Capital bid to bring quasi-quantum computing to HFT

Japanese tech giant Toshiba is joining forces with Dharma Capital to trial the use of quasi-quantum technology in financial trading.

/people

Former LSE chief Rolet preps fintech Spac - Bloomberg

Former London Stock Exchange CEO Xavier Rolet is planning to get in on the fintech Spac frenzy by launching his own $300 million blank cheque company, according to Bloomberg.