Quantum Machine Learning for Fraud Detection in Credit Card Transactions

Consortium: Unisys Ltd, National Quantum Computing Centre (NQCC), Paysafe UK Ltd

This project aims to investigate the use of Quantum Computing for enhancing anomaly detection in financial transactions, focusing on fraud detection and anti-money laundering. By leveraging quantum computing’s ability to analyse complex datasets and identify subtle patterns, the study aims to reduce false positives, improve operational efficiency, and provide robust solutions for regulatory compliance and market stability in the financial sector. 

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