PQStation and Mastercard Publish Whitepaper on Quantum-Safe Migration

A Strategic Collaboration Toward Quantum Readiness

This publication represents a significant step in advancing industry understanding of Post-Quantum Cryptography (PQC) and its impact on enterprise systems — particularly within financial services, where data confidentiality and long-term integrity are paramount.

Working closely with Rob Byrne, Steve Flinter, John Beric, and Bruno Chagas from Mastercard, the PQStation team contributed insights drawn from real-world PQC migration experiences across multiple sectors, including banking, government, and telecommunications.

Key Contributors and Themes

From PQStation and NTU, the whitepaper was co-authored by Prasanna Ravi, Martianus Frederic Ezerman, Anupam Chattopadhyay, and Shivam Bhasin, with each bringing deep expertise in quantum-safe cryptography, secure system integration, and standards-aligned migration planning.

The paper outlines:

• The quantum threat landscape and its timeline of impact

• Technical and operational frameworks for adopting PQC

• Migration strategies suited for financial institutions

• Collaborative models between public and private sectors to accelerate readiness

Advancing Global Readiness

This initiative reflects Mastercard’s and PQStation’s shared vision to support global enterprises in understanding and adopting quantum-safe technologies. It also complements Singapore’s national roadmap toward quantum resilience, reinforcing the importance of public-private partnerships in securing the digital economy.

PQStation extends its gratitude to all collaborators involved and looks forward to continuing joint initiatives that strengthen the cybersecurity ecosystem for the Post-Quantum Era.