Going Live! D-Wave Quantum’s Stock Hits NYSE 8|8|22, 9:30AM ET
Company management will ring the NYSE opening bell Monday, August 8, 2022, at 9:30 a.m. ET in honor of D-Wave Quantum’s listing and celebrating the advent of commercial quantum computing into public markets.
Financial Firms Seek Edge in Algorithms Inspired by Quantum Computing
Applications of quantum-inspired optimization problems can yield solutions anywhere from 1% to 10% more accurate than existing approaches and can come to solutions anywhere from two to three times as fast, according to Troels Steenstrup, technology head of KPMG’s Global Quantum Hub.
Fintech Getting a Boost With Multiverse’s Quantum Algorithms
Quantum algorithms that speed up banking operations 100x are here Forget what Goldman Sachs said about useful quantum computing being five years away in finance. Banks can already get a 100-fold advantage by using quantum computers to solve problems such as portfolio optimisation and fraud detection fraud, says Spanish startup Multiverse Computing. The company, which raised […]
Smashing Through the Encryption Algorithms… Is Your Organization Prepared?
Quantum computing is proving to be enormously exciting for financial institutions. Already, Goldman Sachs and Deutsche Börse are exploring quantum algorithms to calculate risk model simulations 1,000 times faster than currently possible, while BBVA is looking to quantum to optimise investment portfolio management.
BBVA Bank Seeks Potential Impacts of Quantum Computing
[DISPLAY_ULTIMATE_SOCIAL_ICONS] Banking Sector Discovering Quantum Computing’s Benefits BBVA Uncovers The Promise Of Quantum Computing For Banking And Financial Services Read More… + “We are trying to understand the potential impact of quantum computing over the next 5 years,” says Carlos Kuchkovsky, global head of research and patents at BBVA. Last month, BBVA announced initial results […]
Fujitsu and Spain’s Largest Bank to Collaborate Using Quantum Annealing Technology
Fujitsu and Spain’s Largest Bank to Collaborate Using Quantum Annealing Technology BBVA Bank selects Fujitsu’s Quantum-Inspired Digital Annealer to explore customers’ investment portfolios Fujitsu [announced] that it is collaborating with BBVA, Spain’s second largest bank, on a proof of concept (PoC) of its quantum-inspired optimisation solution Digital Annealer. The bank wants to determine whether the […]