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Nacha’s Payments Innovation Alliance’s educational video on quantum computing urges for industry-wide collaboration and transitioning to quantum-resistant cryptographic methods to ensure secure and resilient payments ecosystem

July 17, 2025 //  by Finnovate

Nacha’s Payments Innovation Alliance, a membership program that brings together diverse global stakeholders seeking to transform the payments industry, has released a new educational video, Protecting Payments in the Quantum Era: Prepare for Impact. Developed by the Alliance’s Quantum Payments Project Team, the video provides a foundational understanding of quantum computing and its implications for the payments ecosystem. As quantum technology advances, it poses both transformative opportunities and significant risks, particularly to the cryptographic systems that underpin today’s secure transactions. The video introduces viewers to the fundamentals of quantum computing, highlighting how it differs from classical computing in its ability to process complex calculations at unprecedented speeds. It also delves into the potential impact of quantum advancements on encryption and data security, emphasizing the vulnerabilities of current cryptographic systems. The video also underscores the urgency for financial institutions to begin transitioning to quantum-resistant cryptographic methods and calls for industry-wide collaboration to ensure a secure and resilient payments infrastructure that is prepared for the quantum era.

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Category: Networks Processors & PSPs, Innovation Topics

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