D-Wave partners with Nasdaq Verafin to develop quantum-hybrid tools for financial crime detection

• D-Wave Quantum reached an agreement with Nasdaq Verafin to evaluate quantum computing to improve financial crime detection.
• Work starts with a proof-of-concept, with potential expansion to pilot applications for anti-financial crime use cases.
• Project will test quantum-hybrid machine-learning approaches to flag unusual behavior tied to fraud, scams, money laundering.
• Nasdaq Verafin will explore D-Wave’s annealing systems to map complex links across transactions, accounts, counterparty networks.
• Initial proof-of-concept will analyze hundreds of data signals to strengthen models for detecting unusual account behavior.

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