Could quantum computing transform risk modeling and fraud detection in RegTech?

Could quantum computing transform risk modeling and fraud detection in RegTech?

In an age where digital transformation is the order of the day for financial organisations across the globe, one key area of focus for tech and finance enthusiasts alike has been the rise of quantum computing. Quantum computing is a type of computing that uses quantum mechanics principles, such as superposition and entanglement, to perform calculations much faster than classical computers. Instead of traditional bits (0s and 1s), it uses qubits,…