39 articles tagged with this keyword
News/security
The Monetary Authority of Singapore has gathered a consortium of banks and technology partners to study the application of Quantum Key Distribution (QKD) as a defensive mechanisim against the threat posed by super-fast computing power.
15 August 2024
News/ai
The Monetary Authority of Singapore is to commit $100 million in grant funding to support the development of AI and quantum computing technologies in the financial sector.
18 July 2024
News/retail
BBVA has completed a successful trial of the execution of quantum algorithms across multiple conventional servers in the AWS cloud.
13 May 2024
HSBC and PayPal are among the founding member of a new working group investigating the adoption of quantum-safe cryptography in the payments industry.
29 April 2024
The Monetary Authority of Singapore has told the country's financial institutions to make sure they are prepared for the rising cybersecurity risks posed by quantum computing.
22 February 2024
News/wholesale
JPMorgan Chase has anchored a $300 million investmnet round in quantum computing startup Quantinuum, valuing the business at $5 billion.
17 January 2024
HSBC has piloted the use of quantum key encryption to protect client FX trading data from the threat of increasingly powerful cyber attacks.
06 December 2023
News/sustainable
UBS has joined forces with Cern, the Swiss Government and non-profit foundation Gesda to fund experiments in quantum computing aimed at achieving UN Sustainable Development Goals.
16 October 2023
HSBC is collaborating with Terra Quantum on an experiment to test the use of quantum technology for optimising capital allocation.
07 September 2023
The Bank of Canada has called in local specialist evolutionQ for a research project involving quantum-safe cybersecurity technologies for greenfield digital currencies.
06 September 2023
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.
13 July 2023
News/devops
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.
07 June 2023
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.
05 June 2023
HSBC is working with tech firm Quantinuum on a series of exploratory projects looking at the use of quantum computing in banking.
01 June 2023
News/markets
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.
02 February 2023
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.
11 October 2022
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.
27 September 2022
News/payments
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.
19 July 2022
IBM is harnessing the power of real-time AI to help banks analyse for fraud during transactions on a "massive scale".
05 April 2022
HSBC has joined forces with IBM on a three year project to explore the new frontiers of quantum technology.
29 March 2022
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