Recent advancements in quantum computing have intensified data security risks, prompting Google Cloud and AWS to deploy quantum-resistant solutions as…
Financial Institutions Confront AI Agent Security Crisis
Banks race to implement cryptographic security protocols as autonomous AI agents expose critical vulnerabilities in financial systems, with JPMorgan intercepting…
Apple’s tap to pay expansion disrupts EU payment markets while boosting SME adoption
Apple’s Tap to Pay rollout now covers eight EU markets, enabling iPhones as payment terminals without additional hardware. This move…
Global CBDC Pilots Reshape Monetary Policy Frameworks
Central banks accelerate blockchain-based currency testing as BIS reports 134 jurisdictions exploring CBDCs, with programmable features and interoperability challenges redefining…
IBM’s Quantum Breakthrough Sparks Race for Practical Applications as Tech Giants Jockey for Position
IBM achieves 99.9% qubit stability with Condor processor, while Google and EU make parallel quantum advances, setting stage for financial…
Bipartisan Crypto Bills Gain Momentum as US Seeks to Counter China’s Digital Currency Advances
Recent US legislative moves on stablecoins and market structure aim to position America as a crypto leader while addressing national…
IBM Launches LinuxONE Emperor 5 Mainframe With AI and Quantum-Safe Security
IBM unveiled its LinuxONE Emperor 5 mainframe, featuring Telum II processors for AI acceleration and post-quantum cryptography, targeting enterprises requiring…
Retrieval-Augmented Generation Systems Pose Growing Security Risks in AI Applications
Bloomberg research indicates RAG systems, while improving AI accuracy, may boost unsafe outputs by 15-30%, raising concerns over data security…
Toshiba Breaks Quantum Encryption Distance Barrier, Paving Way for Secure Infrastructure
Toshiba achieves 254km quantum key distribution over commercial fiber optics, partnering with Deutsche Telekom for 2024 trials as EU regulations…
Asian Firms Accelerate Bitcoin Adoption as Treasury Strategy Amid Regional Economic Pressures
Japanese and Hong Kong companies including Metaplanet and HK Asia Holdings are expanding Bitcoin reserves, mirroring MicroStrategy’s approach while responding…
Revolut Reports £500M H1 Profit as Crypto Trading Volumes Surge Amid Banking License Milestone
Revolut achieves record £500M profit in H1 2024 driven by 120% crypto revenue growth and 15M new users, while facing…
U.S. Middle-Market Firms Accelerate Generative AI Adoption for Core Financial Operations
New PYMNTS data shows 45% of U.S. mid-sized companies now deploy GenAI in financial management, with enterprise partnerships and regulatory…
