The Afternoon Update with Lynlee Foo (1pm – 4pm)The Afternoon Update with Lynlee Foo (1pm – 4pm)

[SFF 2024 Special] Industry Insight:  How quantum computing and AI can give fintech a major boost

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The global quantum computing market is estimated to be worth between US$45 billion and US$131 billion by 2040 (McKinsey). The single largest sector to be impacted is the financial services sector, with an estimated value at stake of US$450 billion.

To this end, the business world is rapidly transforming with two revolutionary technologies leading the charge; quantum computing and AI. Each of these technologies represents immense potential to redefine the boundaries of what's possible. This powerful fusion of quantum computing and artificial intelligence is emerging, and it promises to reshape our world in ways we can hardly imagine. 

Dipen Mehta, Head of Financial Services for SoftServe, a global IT consulting and digital services provider, sheds some light on the potential of quantum computing in financial services. 

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