Quantum computing

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Singapore warns banks to prepare for quantum computing cyber threat

The Monetary Authority of Singapore has told the country's financial institutions to make sure they are prepared for the rising cybersecurity risks posed by quantum computing.


JPMorgan anchors $300 million funding round in Quantinuum

JPMorgan Chase has anchored a $300 million investmnet round in quantum computing startup Quantinuum, valuing the business at $5 billion.


HSBC trials quantum protection for AI-powered FX trading

HSBC has piloted the use of quantum key encryption to protect client FX trading data from the threat of increasingly powerful cyber attacks.


UBS funds Swiss Open Quantum Institute in bid to achieve UN sustainability goals

UBS has joined forces with Cern, the Swiss Government and non-profit foundation Gesda to fund experiments in quantum computing aimed at achieving UN Sustainable Development Goals.


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.


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.