Core Insights - Quantum technology presents new development opportunities for the banking industry, enhancing security against financial fraud and risk prediction [1] - Financial institutions must move beyond experimental phases to fully leverage the benefits of quantum technology [1] Group 1: Enhancing Risk Prediction Capabilities - Quantum computing is transforming risk modeling, fraud detection, and portfolio optimization, addressing limitations of traditional methods [2] - Yapı Kredi Bank in Turkey has developed an innovative financial risk assessment model using quantum computing to identify potential risk points in SMEs, significantly reducing analysis time from years to just 7 seconds [2] Group 2: Combating Fraud - Quantum technology enables faster and more accurate detection of financial fraud, with the UK banking sector facing losses of up to $1.6 billion in 2024 due to fraud [3] - The UK government plans to invest $162 million in quantum technology to combat financial crime, including fraud and money laundering [3] - Intesa Sanpaolo Bank in Italy has successfully implemented a quantum-based classifier to analyze transaction data, achieving higher accuracy and efficiency with less data [3] Group 3: Protecting Sensitive Financial Data - Quantum security technology, including quantum key distribution and quantum random number generation, offers theoretically "absolute security" for encrypted communications [4] - "Post-quantum cryptography" is a promising algorithm that protects financial data against potential quantum computer attacks, adhering to international standards [4] - HSBC has applied quantum security technology in gold token trading, ensuring secure blockchain data circulation and improving market efficiency [4] Group 4: Ongoing Research and Development - Banco Sabadell in Spain has initiated a four-month research project on "post-quantum cryptography," focusing on the agility of encryption systems to adapt to threat levels [5]

Group 1: Core Insights - Quantum technology presents new development opportunities for the banking industry, enhancing security against financial fraud and risk prediction [1] - Financial institutions must move beyond experimental phases to fully leverage the benefits of quantum technology [1] Group 2: Enhancing Risk Prediction Capabilities - Quantum computing is transforming risk modeling, fraud detection, and portfolio optimization, addressing limitations of traditional methods [2] - Yapı Kredi Bank in Turkey developed a model to identify potential risk points in SMEs, significantly reducing analysis time from years to just 7 seconds using quantum technology [2] Group 3: Combating Fraud - Quantum technology improves the speed and accuracy of detecting financial fraud, with the UK banking sector facing losses of up to $1.6 billion in 2024 [3] - The Italian bank UniCredit has successfully implemented a quantum-based classifier to analyze transaction data, achieving higher accuracy with less data [3] Group 4: Protecting Sensitive Financial Data - Quantum security technologies, such as quantum key distribution and post-quantum cryptography, provide robust defenses against potential attacks [4] - HSBC has applied quantum security technology in gold token trading, ensuring secure data flow and enhancing market efficiency [4] Group 5: Ongoing Research and Development - Banco Sabadell in Spain has initiated a four-month research project on post-quantum cryptography, focusing on "cryptographic agility" to adapt encryption algorithms based on threat levels [5]