English

Distributed Monitoring for Data Distribution Shifts in Edge-ML Fraud Detection

Computational Engineering, Finance, and Science 2024-01-11 v1 Artificial Intelligence

Abstract

The digital era has seen a marked increase in financial fraud. edge ML emerged as a promising solution for smartphone payment services fraud detection, enabling the deployment of ML models directly on edge devices. This approach enables a more personalized real-time fraud detection. However, a significant gap in current research is the lack of a robust system for monitoring data distribution shifts in these distributed edge ML applications. Our work bridges this gap by introducing a novel open-source framework designed for continuous monitoring of data distribution shifts on a network of edge devices. Our system includes an innovative calculation of the Kolmogorov-Smirnov (KS) test over a distributed network of edge devices, enabling efficient and accurate monitoring of users behavior shifts. We comprehensively evaluate the proposed framework employing both real-world and synthetic financial transaction datasets and demonstrate the framework's effectiveness.

Keywords

Cite

@article{arxiv.2401.05219,
  title  = {Distributed Monitoring for Data Distribution Shifts in Edge-ML Fraud Detection},
  author = {Nader Karayanni and Robert J. Shahla and Chieh-Lien Hsiao},
  journal= {arXiv preprint arXiv:2401.05219},
  year   = {2024}
}