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D-Wave and Nasdaq Verafin Partner to Develop Quantum Applications for Financial Crime Detection

Quantum computing developer D-Wave Quantum Inc. (NASDAQ: QBTS) has signed an agreement with Nasdaq Verafin—the financial crime management technology unit of Nasdaq—to evaluate the use of quantum-hybrid computing in combating financial crime. The collaboration focuses on leveraging D-Wave’s quantum annealing systems and hybrid machine learning workflows to enhance predictive modeling for anti-money laundering (AML), fraud detection, and scam prevention across banking and capital markets infrastructure.