JPMorgan Chase advances practical quantum computing by producing verifiable random numbers, strengthening financial encryption and transaction security. Collaboration with Quantinuum showcases scalable quantum solutions and positions JPMorgan at the forefront of quantum technology adoption in finance.
AWS has announced the Quantum Embark Program, an advisory service to guide customers into quantum computing. The program offers modules to discover use cases, to enable technical learning, and to explore in depth, helping organizations align quantum technology with critical business needs. With expert-led guidance and no long-term commitments, customers can begin their quantum journey in just a few weeks.
Forward-thinking banks are investigating advanced quantum computing technologies as a possible solution. QCI’s industry-leading Enropty Quantum Computing system and its application to machine learning processes have demonstrated the potential to improve fraud detection techniques through faster computation and increased accuracy.
More than 80% of respondents looking to move forward with increased commitment to quantum computing in next two to three years; more than one-third will invest at least $15M USD annually in quantum computing efforts.
Quantum information science, believes JPMC, isn’t a nice-to-learn area but a must-learn.
The protections and purchasing power of contactless payments took a step forward as Mastercard announced the approval of 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.
Some organizations in finance, manufacturing and other sectors are already deriving value from insights and non-trivial solutions for a small set of industry-relevant problems.
JPMorgan Chase, Ally Bank, Credit Agricole and other banks are actively testing and in some cases using [quantum computing], according to speakers at the HPC + AI on Wall Street conference in New York this week.
Companies in the finance sector are taking different approaches to the adoption of quantum computing technology, but time is running out.
Multiverse Computing and Objectivity Form Alliance to Bring Quantum-Based Solutions to EMEA.
