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Quantum algorithms provide an exponential speedup for solving certain classes of linear systems, including those that model geologic fracture flow. However, this revolutionary gain in efficiency does not come without difficulty. Quantum…

Quantum Physics · Physics 2023-10-05 Jessie M. Henderson , John Kath , John K. Golden , Allon G. Percus , Daniel O'Malley

Finance is one of the promising field for industrial application of quantum computing. In particular, quantum algorithms for calculation of risk measures such as the value at risk and the conditional value at risk of a credit portfolio have…

Quantum Physics · Physics 2022-01-28 Koichi Miyamoto

Practical challenges in simulating quantum systems on classical computers have been widely recognized in the quantum physics and quantum chemistry communities over the past century. Although many approximation methods have been introduced,…

The rise of digital payments has caused consequential changes in the financial crime landscape. As a result, traditional fraud detection approaches such as rule-based systems have largely become ineffective. AI and machine learning…

Cryptography and Security · Computer Science 2021-03-05 E. Kurshan , H. Shen

We develop quantum protocols for anomaly detection and apply them to the task of credit card fraud detection (FD). First, we establish classical benchmarks based on supervised and unsupervised machine learning methods, where average…

Quantum Physics · Physics 2022-08-03 Oleksandr Kyriienko , Einar B. Magnusson

Quantum algorithms have the potential to provide exponential speedups over some of the best known classical algorithms. These speedups may enable quantum devices to solve currently intractable problems such as those in the fields of…

Quantum Physics · Physics 2018-12-13 Ciarán Ryan-Anderson

Machine learning (ML) methods such as artificial neural networks are rapidly becoming ubiquitous in modern science, technology and industry. Despite their accuracy and sophistication, neural networks can be easily fooled by carefully…

Quantum computing promises to help humanity solve problems that would otherwise be intractable on classical computers. Unlike today's machines, quantum computers use a novel computing process that leverages the foundational quantum…

Physics and Society · Physics 2024-03-06 Matthias Troyer , Emily Violi Benjamin , Ani Gevorkian

Quantum computers (QCs) are maturing. When QCs are powerful enough, they may be able to handle problems in chemistry, physics, and finance that are not classically solvable. However, the applicability of quantum algorithms to speed up…

Software Engineering · Computer Science 2022-11-15 Andriy Miranskyy , Mushahid Khan , Jean Paul Latyr Faye , Udson C. Mendes

These notes discuss the quantum algorithms we know of that can solve problems significantly faster than the corresponding classical algorithms. So far, we have only discovered a few techniques which can produce speed up versus classical…

Quantum Physics · Physics 2007-05-23 Peter W. Shor

In recent years, the unprecedented growth in digital payments fueled consequential changes in fraud and financial crimes. In this new landscape, traditional fraud detection approaches such as rule-based engines have largely become…

Machine Learning · Computer Science 2021-03-03 E. Kurshan , H. Shen , H. Yu

Quantum computing is a new computational paradigm with the potential to solve certain computationally challenging problems much faster than traditional approaches. Civil engineering encompasses many computationally challenging problems,…

Emerging Technologies · Computer Science 2024-03-29 Joern Ploennigs , Markus Berger , Martin Mevissen , Kay Smarsly

Due to the superiority and noteworthy progress of Quantum Computing (QC) in a lot of applications such as cryptography, chemistry, Big data, machine learning, optimization, Internet of Things (IoT), Blockchain, communication, and many more.…

Quantum Physics · Physics 2020-06-23 Zainab Abohashima , Mohamed Elhosen , Essam H. Houssein , Waleed M. Mohamed

Quantum machine learning (QML) is rapidly transitioning from theoretical promise to practical relevance across data-intensive scientific domains. In this Review, we provide a structured overview of recent advances that bridge foundational…

Quantum Physics · Physics 2026-02-25 Vinit Singh , Amandeep Singh Bhatia , Mandeep Kaur Saggi , Manas Sajjan , Sabre Kais

Quantum Machine Learning (QML) integrates quantum computing with classical machine learning, primarily to solve classification, regression and generative tasks. However, its rapid development raises critical security challenges in the Noisy…

Quantum Physics · Physics 2025-06-30 Archisman Ghosh , Satwik Kundu , Swaroop Ghosh

Quantum computation and quantum information are of great current interest in computer science, mathematics, physical sciences and engineering. They will likely lead to a new wave of technological innovations in communication, computation…

Methodology · Statistics 2012-10-03 Yazhen Wang

In this thesis, we investigate whether quantum algorithms can be used in the field of machine learning for both long and near term quantum computers. We will first recall the fundamentals of machine learning and quantum computing and then…

Quantum Physics · Physics 2021-11-08 Jonas Landman

Quantum computing has recently appeared in the headlines of many scientific and popular publications. In the context of quantitative finance, we provide here an overview of its potential.

Mathematical Finance · Quantitative Finance 2023-11-14 Antoine Jacquier , Oleksiy Kondratyev , Gordon Lee , Mugad Oumgari

In recent years, the dramatic progress in machine learning has begun to impact many areas of science and technology significantly. In the present perspective article, we explore how quantum technologies are benefiting from this revolution.…

Quantum Physics · Physics 2023-01-18 Mario Krenn , Jonas Landgraf , Thomas Foesel , Florian Marquardt

Quantum computing technologies have become a hot topic in academia and industry receiving much attention and financial support from all sides. Building a quantum computer that can be used practically is in itself an outstanding challenge…

Computational Engineering, Finance, and Science · Computer Science 2018-02-16 Matthias Möller , Cornelis Vuik