D-Wave Quantum Inc. (QBTS) announced an agreement with Nasdaq Verafin to evaluate the use of its quantum computing technology to improve financial crime detection. The collaboration aims to leverage D-Wave's quantum-hybrid systems to develop advanced predictive models for identifying fraud, scams, and money laundering.
Key Details
- Collaboration Scope: The agreement, announced on August 3, 2026, will begin with a proof-of-concept (PoC) with the potential to expand to pilot applications for key anti-financial crime use cases.
- Technology Application: Nasdaq Verafin will use D-Wave’s annealing quantum computing technology to uncover complex relationships across account activity and transaction patterns that conventional systems may overlook.
- Initial Goal: The first PoC will analyze hundreds of potential data signals to strengthen predictive models for detecting unusual account behavior associated with financial crimes.