Payments
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Post-Quantum, PQC, Quantum Security
Bitcoin’s Quantum Timeline Is Not RSA’s Quantum Timeline
Most quantum-risk-to-Bitcoin analyses rehash RSA-2048 timelines. They're missing the point. Bitcoin doesn't use RSA. It uses 256-bit ECC - and Shor's algorithm will break that first. Scan the quantum computing coverage of Bitcoin and you will find a remarkable pattern.…
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Post-Quantum, PQC, Quantum Security
Payments and the Race to Quantum Safety / Post-Quantum Cryptography (PQC)
The payments industry has navigated big cryptographic transitions before. The migration from magnetic stripes to EMV chips took the better part of two decades and cost billions. The shift from SHA-1 to SHA-256 certificates was painful but bounded - it…
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Quantum Security & PQC
Hong Kong’s HKMA Launches Quantum Preparedness Index to Safeguard Finance
Hong Kong’s central bank unveils a “Quantum Preparedness Index” to gauge how ready its banks are for the quantum computing era, underscoring a global push among regulators to future-proof financial security. Hong Kong’s de facto central bank, the Hong Kong…
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Quantum Security & PQC
Citi’s Quantum Threat Report: The Trillion-Dollar Security Race in Focus
The Citi Institute - a research arm of global banking giant Citigroup - published a stark warning titled “Quantum Threat: The Trillion-Dollar Security Race Is On.” In unequivocal terms, Citi’s analysts predict that within the next decade quantum computers are…
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Post-Quantum, PQC, Quantum Security
The Cryptographic Iceberg Inside a Mobile Banking Transaction
A single mobile banking payment triggers millions of cryptographic function calls across nine parties. Here's what actually happens - from silicon to settlement - and why it matters for quantum readiness. The Cryptographic Iceberg Inside a Mobile Banking Transaction 320…
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Quantum Security & PQC
G7’s Post‑Quantum Roadmap: Preparing the Financial Sector for a Quantum-Resilient Future
The G7 Cyber Expert Group (CEG) - an international team of cybersecurity authorities co-chaired by the U.S. Treasury and the Bank of England - issued a landmark roadmap for the financial sector’s transition to post-quantum cryptography. This high-level plan, formally…
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Quantum Security & PQC
BIS Project Leap Phase 2 – PQC in Real-World Payment Systems
The Bank for International Settlements (BIS) and the Eurosystem published the results of Project Leap Phase 2, a massive technical trial testing PQC on the TARGET2 payment system (the Real-Time Gross Settlement system for the Euro). The project involved the Banque…
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Post-Quantum, PQC, Quantum Security
Q-Day Isn’t an Outage – It’s a Confidence Crisis
Cybersecurity lore often paints Q-Day (the moment a quantum computer cracks RSA/ECC encryption) as an instant "Quantum Apocalypse" where every system gets hacked immediately. Planes falling from the sky, banks drained in seconds, an overnight digital Armageddon - if that…
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Policy & Sovereignty
MAS and Partners Unveil QKD Sandbox Technical Report: Quantum Security in Financial Services
The Monetary Authority of Singapore (MAS), together with four major banks (DBS, HSBC, OCBC, UOB) and tech partners SPTel and SpeQtral, has released a technical report detailing the results of a pioneering Quantum Key Distribution (QKD) sandbox in the financial…
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Policy & Sovereignty
FS-ISAC’s New Roadmap for Post-Quantum Migration in Finance
Financial industry CISOs have a new playbook for the post-quantum era. The Financial Services Information Sharing and Analysis Center (FS-ISAC) has published a position paper titled “The Timeline for Post-Quantum Cryptographic Migration,” offering a detailed roadmap for the financial sector’s…
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Policy & Sovereignty
Quantum-Readiness Roadmap: BIS Calls Finance to Prepare for the Post-Quantum Era
On July 7, 2025 the Bank for International Settlements (BIS) – often called the “central bank of central banks” – published a major paper titled “Quantum-readiness for the financial system: a roadmap.” This BIS Paper No. 158, authored by experts…
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Industry
Banque de France & MAS Complete Landmark Post-Quantum Email Security Experiment
The Banque de France (BDF) and the Monetary Authority of Singapore (MAS) have successfully completed a groundbreaking cross-border experiment in post-quantum cryptography (PQC), carried out between Paris and Singapore using ordinary internet infrastructure. This joint trial marks an important milestone…
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Policy & Sovereignty
G7 Cyber Experts Warn Financial Sector: Prepare Now for Quantum Computing’s Opportunities and Threats
A recent statement by the G7 Cyber Expert Group (CEG) - an advisory panel to G7 finance ministries and central banks - sounds a dual alarm and call to action on quantum computing. In a memo released in late September,…
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Post-Quantum, PQC, Quantum Security
Cryptographic Stack in Modern Interbank Payment Systems
International interbank payments rely on multiple layers of classical cryptography to ensure security from end to end. When a user initiates a cross-border transfer at their local bank, cryptographic mechanisms protect the transaction at every stage - from the customer’s…
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