09.25.24

Banks Moving Forward With Quantum Computing Initiatives

by: Penny Crosman

As quantum computing gets faster and closer to practical use, major financial institutions are evaluating how to use it to enhance their operations. The goal is to speed up applications and reduce bottlenecks. The effort is part of a broader trend to enable banks to leverage quantum technology through significant investments and collaborations with tech companies. Potential competitive advantages include energy-efficient, high-performance computing.

Read the full article on American Banker