Quantum Key Distribution was used to safeguard the bank's AI Markets Trading terminal.
FINRA initiated research to bring attention to the opportunities and risks presented by the technology.
Quantinuum and HSBC will research areas including cybersecurity, fraud detection, and natural language processing.
White paper identifies initial steps financial organizations can take to protect themselves.
They can be used on quantum hardware expected to be available in 5 to 10 years.
QC may never happen, and if it does it may not be fast enough.
Emerging technology promises exponential performance improvement.