Quantum computing

57 articles tagged with this keyword

/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.

/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.