15+ Global Banks Exploring Quantum Technologies [2026]
thequantuminsider.com Mar 27, 2026

15+ Global Banks Exploring Quantum Technologies [2026]

AI-summarised brief · reviewed before publication

Over 15 global banks, including JPMorgan Chase and Goldman Sachs, have established quantum computing research programs to optimize portfolios, model risks, and detect fraud, while preparing for post-quantum cryptography transitions. Banks have partnered with quantum technology providers to develop algorithms for financial applications, with some demonstrating quantum advantage on specific problems. Financial institutions are implementing multi-year migration programs to transition to quantum-safe cryptographic algorithms, addressing the "harvest now, decrypt later" threat to encrypted financial data.