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Credit risk forecasting plays a crucial role for commercial banks and other financial institutions in granting loans to customers and minimise the potential loss. However, traditional machine learning methods require the sharing of…

Machine Learning · Computer Science 2024-01-17 Shuyao Zhang , Jordan Tay , Pedro Baiz

Aiming at privacy preservation, Federated Learning (FL) is an emerging machine learning approach enabling model training on decentralized devices or data sources. The learning mechanism of FL relies on aggregating parameter updates from…

Machine Learning · Computer Science 2024-05-21 Jiayan Chen , Zhirong Qian , Tianhui Meng , Xitong Gao , Tian Wang , Weijia Jia

Data privacy remains a critical concern in educational research, requiring strict adherence to ethical standards and regulatory protocols. While traditional approaches rely on anonymization and centralized data collection, they often expose…

Machine Learning · Computer Science 2025-05-12 Ehsan Latif , Xiaoming Zhai

This paper studies Federated Learning (FL) for binary classification of volatile financial market trends. Using a shared Long Short-Term Memory (LSTM) classifier, we compare three scenarios: (i) a centralized model trained on the union of…

Machine Learning · Computer Science 2025-09-23 Manuel Noseda , Alberto De Luca , Lukas Von Briel , Nathan Lacour

Federated learning (FL) has emerged as a promising paradigm in machine learning, enabling collaborative model training across decentralized devices without the need for raw data sharing. In FL, a global model is trained iteratively on local…

Machine Learning · Computer Science 2025-04-01 Kanishka Ranaweera , Azadeh Ghari Neiat , Xiao Liu , Bipasha Kashyap , Pubudu N. Pathirana

Federated Learning (FL) has emerged as a promising distributed learning paradigm with an added advantage of data privacy. With the growing interest in having collaboration among data owners, FL has gained significant attention of…

Machine Learning · Computer Science 2023-04-11 Afsana Khan , Marijn ten Thij , Anna Wilbik

Federated Learning (FL) has recently emerged as a collaborative learning paradigm that can train a global model among distributed participants without raw data exchange to satisfy varying requirements. However, there remain several…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-03-03 Yuandou Wang , Zhiming Zhao

Federated learning (FL) is an emerging paradigm for facilitating multiple organizations' data collaboration without revealing their private data to each other. Recently, vertical FL, where the participating organizations hold the same set…

Machine Learning · Computer Science 2022-07-15 Xinjian Luo , Yuncheng Wu , Xiaokui Xiao , Beng Chin Ooi

Federated learning is an emerging privacy-preserving AI technique where clients (i.e., organisations or devices) train models locally and formulate a global model based on the local model updates without transferring local data externally.…

Machine Learning · Computer Science 2021-11-01 Sin Kit Lo , Yue Liu , Qinghua Lu , Chen Wang , Xiwei Xu , Hye-Young Paik , Liming Zhu

After entering the era of big data, more and more companies build services with machine learning techniques. However, it is costly for companies to collect data and extract helpful handcraft features on their own. Although it is a way to…

Cryptography and Security · Computer Science 2024-10-31 Huan-Chih Wang , Ja-Ling Wu

Federated learning (FL) is increasingly being recognized as a key approach to overcoming the data silos that so frequently obstruct the training and deployment of machine-learning models in clinical settings. This work contributes to a…

Machine Learning · Computer Science 2024-07-08 Fatemeh Tavakoli , D. B. Emerson , Sana Ayromlou , John Jewell , Amrit Krishnan , Yuchong Zhang , Amol Verma , Fahad Razak

In decentralized financial systems, robust and efficient Federated Learning (FL) is promising to handle diverse client environments and ensure resilience to systemic risks. We propose Federated Risk-Aware Learning with Central Sensitivity…

Machine Learning · Computer Science 2025-02-26 Lei Zhao , Lin Cai , Wu-Sheng Lu

Federated Learning (FL) is a distributed learning scheme to train a shared model across clients. One common and fundamental challenge in FL is that the sets of data across clients could be non-identically distributed and have different…

Machine Learning · Computer Science 2023-05-23 Junyi Zhu , Xingchen Ma , Matthew B. Blaschko

As data privacy is gradually valued by people, federated learning(FL) has emerged because of its potential to protect data. FL uses homomorphic encryption and differential privacy encryption on the promise of ensuring data security to…

Machine Learning · Computer Science 2021-01-26 Song WenJie , Shen Xuan

This paper addresses the challenges of data privacy and collaborative modeling in cross-institution financial risk analysis. It proposes a risk assessment framework based on federated learning. Without sharing raw data, the method enables…

Machine Learning · Computer Science 2025-08-22 Yue Yao , Zhen Xu , Youzhu Liu , Kunyuan Ma , Yuxiu Lin , Mohan Jiang

Vertical federated learning trains models from feature-partitioned datasets across multiple clients, who collaborate without sharing their local data. Standard approaches assume that all feature partitions are available during both training…

Machine Learning · Computer Science 2025-04-23 Pedro Valdeira , Shiqiang Wang , Yuejie Chi

Scoring the driving performance of various drivers on a unified scale, based on how safe or economical they drive on their daily trips, is essential for the driver profile task. Connected vehicles provide the opportunity to collect…

Machine Learning · Computer Science 2024-01-17 Lin Lu

Federated learning (FL) is a privacy-preserving machine learning paradigm that enables multiple parties to collaboratively train models on privately owned data without sharing raw information. While standard FL typically addresses either…

Machine Learning · Computer Science 2026-02-24 Afsana Khan , Marijn ten Thij , Guangzhi Tang , Anna Wilbik

Federated learning combined with blockchain empowers secure data sharing in autonomous driving applications. Nevertheless, with the increasing granularity and complexity of vehicle-generated data, the lack of data quality audits raises…

Machine Learning · Computer Science 2024-07-30 Weiliang Chen , Li Jia , Yang Zhou , Qianqian Ren

As a promising paradigm to collaboratively train models with decentralized data, Federated Learning (FL) can be exploited to fine-tune Large Language Models (LLMs). While LLMs correspond to huge size, the scale of the training data…

Machine Learning · Computer Science 2024-10-21 Ji Liu , Jiaxiang Ren , Ruoming Jin , Zijie Zhang , Yang Zhou , Patrick Valduriez , Dejing Dou
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