About the Client

It is one of the largest European multinational banking and financial services companies founded in the 1800s operating across 50+ countries and serving millions of customers worldwide. The bank is accepted as a systemically important financial institution by the Financial Stability Board, ensuring its role in global financial stability.

Key Facts

Total Assets: €1.48 trillion (2022).

Annual Revenue: €28.1 billion (2022).

Daily Transactions: Handles millions of transactions across retail and wholesale banking.

Industry Contribution: Investment banking, asset management, and corporate finance drive the highest transaction volumes.

Compliance Standards Met: NIST-approved Post-Quantum Cryptography (PQC) and French cybersecurity compliance enforced by ANSSI.

“In today's digital age, securing sensitive data is paramount. Our team is proud to have successfully tested the Quantum Story for the Quantum Random Number Generation (QRNG). We’re pushing the boundaries by testing a Quantum Random Number Generation along with our partner Qnu Labs, addressing critical security challenges across 3 key use cases- Cryptography, Secure Communications and Authentication. With NIST releasing the next post-quantum encryption (PQE) standards, it’s a sign of the times to come for organizations to consider emerging quantum security threats by deploying advanced gamechanger security measures like QRNG for the post-quantum era. A Big Thanks to the teams involved without whom none of this is possible. The Future Is You!”

Chief Information Officer (CIO)/ Chief Technology Officer (CTO), European MNC Bank

The Challenge: Preparing for Quantum Threats

The European bank was in the experimental phase of quantum adoption, exploring cryptographic authentication solutions. It required future-proof security to protect its financial transactions while ensuring compliance with ANSSI regulations and NIST standards.

Key Pain Points

Investing in Sustainable Technology – Ensuring long-term relevance.
NIST Compliance – Meeting global security standards.
ANSSI Mandates on Cybersecurity – Regulatory enforcement for financial institutions.
Quantum Threats from Majorna 1 – Microsoft’s Majorna 1 chip is expected to commercialize quantum technology, making traditional encryption vulnerable.
Banking Dependence on Algorithms – Financial institutions rely heavily on cryptographic algorithms, which quantum computing could break.

QNu Labs: The Quantum-Safe Solution

To position themselves as the visionary in BFSI in the quantum secured authentication and financial transaction, they partnered with QNu Labs - the #1 leader in providing an integrated quantum secured platform while complying with European and other country’s cybersecurity norms.

Solutions Offered

QRNG + PQC Integration – Quantum Random Number Generation (QRNG) and Post-Quantum Cryptography (PQC) for secure authentication certificates.
QRNG on Rental Basis – Flexible adoption model for cost efficiency.
QVPN for Double Security – Secure tunneling for PQC-based encryption.

Why QNu | Our Unique Selling Proposition (USP)

Plug & Play Model – Minimal disruption to existing infrastructure.
Global Compliance Alignment – While the Indian Banking Regulatory Body has not mandated QRNG and QKD, global regulatory bodies are enforcing it.
Vendor Consolidation – Partnering with QNu Labs eliminates the need for multiple vendors across different regions.

Results Achieved

Future-Proof Security – Quantum-safe cryptographic certificates deployed.
Seamless Integration – No disruption to banking operations.
Compliance Readiness – Aligned with NIST PQC standards and ANSSI mandates.
Scalable Quantum Adoption – Positioned for long-term security upgrades.

Frequently asked questions

Top European Bank Secures Future-Ready Banking with Quantum-Safe Cryptography