Research from U.S. global banker Goldman Sachs and Silicon Valley quantum computer startup QC Ware indicates that the advanced integration of quantum algorithms could be utilized within five years, the Financial Times reported. Earlier than anticipated, financial markets could start using quantum computing for some...
Pandemic-weary Americans are hoping that 2022 will bring an end to COVID-19 fears, regulations and economic woes. The Consumer Technology Association, which hosts the annual Consumer Electronics Show (CES), is ready for that — while still hedging its bets. The association said on Wednesday (April...
The FinTech Ally is partnering with Microsoft to advance quantum computing’s role in the financial services sector and explore how it can be used to solve intricate problems, according to an Ally blog post. The strategic collaboration between the two companies will leverage the latest...
We all know the build-or-buy conundrum. Closely related is the “rip and replace” dilemma, where frustrated financial institution (FI) executives throw the IT baby out with the bathwater, as it were, taking modernization as a great leap rather than a series of manageable steps. The...
The pressure to innovate comes from outside and from within for financial institutions (FIs). FI leaders measure their success based upon whether they have created efficiencies at scale, bolstered security and achieved savings while maintaining or boosting performance. Today’s consumers, meanwhile, expect FIs’ products to...
There’s hardly a day that goes by without major developments in the electric vehicle (EV) industry. Even without Tesla and its CEO, Elon Musk, the business dynamics around EVs’ development are fierce. As an example, take one somewhat random day (Wednesday, April 14). New introductions...
Everyone’s been there. Sitting in the backseat of a rideshare vehicle, or maybe in the driver’s seat of a car, desperately looking back and forth between the clock and the stopped dead traffic in whatever major metro in which the workplace, meeting or flight is...
Here at PYMNTS, we are strongly pro-monkey, because monkeys are almost always an improvement to a situation. There’s a reason that “a barrel full of monkeys” is the relevant quantum we all use to describe fun at its highest level: Monkeys are fun animals. Not...
Increased uncertainty is one of the greatest impacts the pandemic has had on businesses, and it weighs heavily on the treasurers and chief financial officers (CFOs) responsible for making sure companies have the liquidity and working capital to meet their daily obligations and adapt to...