FF News Tattoo Studio: Wultra – Authentication Built for the Quantum Era

At the Fintech Talents Festival 2025, Amal Nazar of Wultra delivered a clear message that cuts through industry noise: quantum computing is no longer a distant theory — it is an inevitable reality, and authentication must evolve now, not later. Nazar, who helps lead Wultra’s expansion into the UK and Netherlands, joined the company because it is one of the few building future-facing authentication, not just solving today’s problems. For him, this work aligns perfectly with a lifelong passion for cybersecurity and technology — the kind of passion that makes the daily grind meaningful.

Wultra, headquartered in Prague, specialises in next-generation authentication designed to withstand imminent cryptographic disruption. Nazar explained that every system banks use today — from login flows to transaction signing to device binding — runs on cryptography that quantum computers will eventually break. And according to Gartner’s latest hype cycle, banks need to migrate to quantum-resistant cryptography by 2029. The UK’s National Cyber Security Centre places the migration window between 2028 and 2035, depending on the sensitivity and longevity of the data.

The urgency is driven by a simple but dangerous reality: attackers can harvest encrypted data today and decrypt it later once quantum capabilities mature. Financial data has long shelf life — meaning a breach in four or five years could still compromise transactions, identities, or historical records from today. As Nazar put it, quantum readiness is not optional; it is a matter of safeguarding the entire future of digital banking.

He also pointed to a striking warning from India’s national cybersecurity leadership, who recently described the coming quantum shift as a Y2K-scale event — except this time, the threat is not hypothetical. Banks in the EU and UK, Nazar said, are already forming internal quantum teams and assessing vendors who can deliver quantum-safe authentication today. Some institutions are ahead of the curve, while others are still waking up to the scale of the transition. “If everybody was already on board,” he joked, “I’d be worried — that would mean it’s just cheap thought.”

What motivates him is the combination of deep technical challenge and real societal impact. Authentication touches every action customers take, and failing to prepare for quantum threats puts trust, safety, and global financial stability at risk. For Nazar, Wultra represents the perfect intersection of passion and purpose: building security that will survive the next era of computing — and helping banks future-proof themselves before the clock runs out.

Wultra Quantum Safe Authentication isn’t just about staying ahead — it’s about preserving trust, safety, and digital continuity in the post-quantum financial era.