Mastercard has partnered with quantum computing specialist D-Wave Systems in a multi-year strategic alliance?
Source: shutterstock.com
Mastercard announced that it forms a new strategic alliance with D-Wave to build innovative quantum computing applications and transform customer experiences. Allies will collaborate on the research and development of quantum-hybrid applications. The close cooperation will focus on areas such as loyalty and rewards, cross-border settlement and fraud management.?
In particular, the leading payment processor will utilize D-Wave’s annealing quantum computers and quantum hybrid solvers through the Leap quantum cloud service. This way, partners can provide real-time access to quantum applications powered by Mastercard’s network.
Chief Innovation Officer at Mastercard
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Nina Bobro
Nina is passionate about financial technologies and environmental issues, reporting on the industry news and the most exciting projects that build their offerings around the intersection of fintech and sustainability.
