Monthly Archives: August 2024

Quantum computing has the potential to revolutionize fintech. Its ability to process vast amounts of data quickly could enhance AI’s role in credit scoring:Enhanced Pattern Recognition: Quantum computers can identify complex patterns in large datasets, leading to more accurate risk assessments and credit scoring models.Optimization of Credit Portfolios: Quantum computing can find the best combination

The fintech industry has seen explosive growth, but with it comes a heightened risk of cyber attacks. This includes financial losses, reputational damage, and regulatory penalties. For instance, during the 2017 Equifax breach, the personal information of over 147 million Americans was exposed. Cyber security isn’t just a tech problem; it’s a strategic necessity that