Quantum computing

71 articles tagged with this keyword

/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.

/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

/startups

Multiverse Computing raises €10m

Multiverse Computing, the first quantum computing startup dedicated to finance, today announced it has closed a seed funding round of €10 million (USD $11.55 million).

/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.

/people

Arqit appoints Jason Nabi as MD of new financial services division

Arqit Quantum Inc. (“Arqit”), a leader in quantum encryption technology, is pleased to announce the appointment of Jason Nabi as Managing Director, Financial Services, with immediate effect.

/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.

/security

Fime enables quantum-resistant migration with Mastercard Ecos qualification

Fime has been recognized by Mastercard to test solutions in line with the Mastercard’s Enhanced Contactless specifications.

/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.

/markets

Goldman Sachs makes quantum breakthrough

Goldman Sachs is claiming a quantum computing breakthrough, designing algorithms it says could be used on hardware that may be available in as little as five years.