French bank Credit Mutuel Alliance Federale joins forces with IMB to explore quantum computing for the finance sector

French bank Credit Mutuel Alliance Federale has joined the IBM Quantum Network and will work with IBM to explore the applicability of quantum computing to banking and insurance use cases and potentially develop a proof of concept in this field. This engagement marks the first collaboration in France for IBM Quantum Network.

The bank also intends to work with interested clients and partners to expand the quantum ecosystem in France to cover the finance and insurance industries.