QBTS

📢 𝗝𝗨𝗦𝗧 𝗜𝗡: $D-Wave Quantum(QBTS.US) D-Wave and Nasdaq Verafin Partner to Explore Quantum AI for Financial Crime Detection

👉 𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:

➤ 𝗗-𝗪𝗮𝘃𝗲 and 𝗡𝗮𝘀𝗱𝗮𝗾 𝗩𝗲𝗿𝗮𝗳𝗶𝗻 partner on quantum-enhanced financial crime detection.

➤ Collaboration begins with a 𝗽𝗿𝗼𝗼𝗳-𝗼𝗳-𝗰𝗼𝗻𝗰𝗲𝗽𝘁 and may expand to pilot programs.

➤ Companies will evaluate 𝗾𝘂𝗮𝗻𝘁𝘂𝗺-𝗵𝘆𝗯𝗿𝗶𝗱 AI for machine learning applications.

➤ Focus includes detecting 𝗳𝗿𝗮𝘂𝗱, 𝘀𝗰𝗮𝗺𝘀, and 𝗺𝗼𝗻𝗲𝘆 𝗹𝗮𝘂𝗻𝗱𝗲𝗿𝗶𝗻𝗴.

➤ D-Wave's 𝗮𝗻𝗻𝗲𝗮𝗹𝗶𝗻𝗴 quantum technology will power the initiative.

➤ PoC will analyze 𝗵𝘂𝗻𝗱𝗿𝗲𝗱𝘀 𝗼𝗳 𝗱𝗮𝘁𝗮 𝘀𝗶𝗴𝗻𝗮𝗹𝘀 to improve predictive models.

➤ Technology aims to uncover complex relationships conventional methods may overlook.

➤ Partnership targets next-generation AI solutions for financial institutions.

👉 𝗪𝗵𝘆 𝗧𝗵𝗶𝘀 𝗠𝗮𝘁𝘁𝗲𝗿𝘀:

➤ Validates growing enterprise adoption of 𝗾𝘂𝗮𝗻𝘁𝘂𝗺 𝗰𝗼𝗺𝗽𝘂𝘁𝗶𝗻𝗴 in financial services.

➤ Expands commercial opportunities for 𝗗-𝗪𝗮𝘃𝗲's quantum-hybrid platform.

➤ Could improve fraud detection accuracy and reduce financial crime losses.

➤ Demonstrates quantum AI's potential beyond research into real-world applications.

👉 𝗘𝘅𝗽𝗲𝗿𝘁 𝗦𝘁𝗮𝘁𝗲𝗺𝗲𝗻𝘁:

𝗗𝗿. 𝗔𝗹𝗮𝗻 𝗕𝗮𝗿𝗮𝘁𝘇, CEO of D-Wave:

“This agreement with Nasdaq Verafin provides an important opportunity to explore quantum computing’s potential in addressing some of the financial services sector’s most complex problems. By applying D-Wave’s quantum-hybrid technology to machine learning and other application development efforts, Nasdaq Verafin is reinforcing its role as a technology-forward organization helping shape the future of financial services innovation.”