Quantum computing

63 articles tagged with this keyword

/security

Quantum encryption company Qrypt appoints FS-ISAC CEO, Steven Silberstein, to advisory board

Qrypt, the pioneering quantum-secure encryption company, today announced Steven Silberstein, the CEO of FS-ISAC (the Financial Services Information Sharing and Analysis Center), is joining its Board of Advisors.

/wholesale

HSBC takes a deep dive into quantum computing

HSBC is collaborating with Terra Quantum on an experiment to test the use of quantum technology for optimising capital allocation.

/security

Bank of Canada explores impact of quantum computing on CBDCs

The Bank of Canada has called in local specialist evolutionQ for a research project involving quantum-safe cybersecurity technologies for greenfield digital currencies.

/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.

/Quantum computing

Consortium delivers cross-border quantum-secure digital trade transaction

An international consortium of industry and technical experts, supported by government, business and other organisations have completed the world’s first quantum-secure cross-border electronic trade document transaction, delivering a verifiable, secure, and legally recognisable solution for future digital trade transactions.

/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

JPMorgan Chase paper investigates quantum deep hedging

QC Ware and JPMorgan Chase have completed a study of quantum "deep hedging," paving the way for future increased risk mitigation capabilities in financial services.

/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

X9 report demystifies quantum computing risk

The Accredited Standards Committee X9 Inc. (X9) today announced that it has published an updated version of its Informative Report titled "Quantum Computing Risks to the Financial Services Industry," denoted X9.IR-F01-2022.

/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.

/security

DTCC paper outlines quantum security risks

As quantum computing creates vast new possibilities to analyze and solve complex problems that are unsolvable by today’s computers, it also has the potential to disrupt entire industries and create significant new risks for financial firms by making even the most highly protected computer systems vulnerable to hacking.

/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".

/predictions

Organisations are increasing investment and exploration in quantum technologies

New research published today by the Capgemini Research Institute reveals that almost a quarter (23%) of organizations are working (or planning to work) on leveraging quantum technologies, with expectations of at least one major commercial application within the next 3–5 years.

/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.