News

October 20, 2021

Quantum algorithms that speed up banking operations 100x are here

Spanish startup Multiverse is supplying BBVA and Bankia with the software 


Maija Palmer

3 min read

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.

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