Related papers: Federated Learning for Open Banking
Federated learning is a distributed machine learning approach where multiple clients collaboratively train a model without sharing their local data, which contributes to preserving privacy. A challenge in federated learning is managing…
Intrusion detection systems are evolving into intelligent systems that perform data analysis searching for anomalies in their environment. The development of deep learning technologies opened the door to build more complex and effective…
In recent days, the proliferation of several existing and new cyber-attacks pose an axiomatic threat to the stability of financial services. It is hard to predict the nature of attacks that can trigger a serious financial crisis. The…
Federated learning is a decentralized machine learning approach where clients train models locally and share model updates to develop a global model. This enables low-resource devices to collaboratively build a high-quality model without…
Federated Learning enables one to jointly train a machine learning model across distributed clients holding sensitive datasets. In real-world settings, this approach is hindered by expensive communication and privacy concerns. Both of these…
In the past few decades, machine learning has revolutionized data processing for large scale applications. Simultaneously, increasing privacy threats in trending applications led to the redesign of classical data training models. In…
Federated learning is an emerging distributed machine learning framework aiming at protecting data privacy. Data heterogeneity is one of the core challenges in federated learning, which could severely degrade the convergence rate and…
Federated learning is a new learning paradigm that decouples data collection and model training via multi-party computation and model aggregation. As a flexible learning setting, federated learning has the potential to integrate with other…
Federated Learning is a machine learning approach that enables the training of a deep learning model among several participants with sensitive data that wish to share their own knowledge without compromising the privacy of their data. In…
Federated learning (FL) is a distributed learning paradigm that allows multiple decentralized clients to collaboratively learn a common model without sharing local data. Although local data is not exposed directly, privacy concerns…
Federated learning was proposed with an intriguing vision of achieving collaborative machine learning among numerous clients without uploading their private data to a cloud server. However, the conventional framework requires each client to…
Collaborative training of a machine learning model comes with a risk of sharing sensitive or private data. Federated learning offers a way of collectively training a single global model without the need to share client data, by sharing only…
Federated learning has emerged as a promising approach for training machine learning models on decentralized data sources while preserving data privacy. However, challenges such as communication bottlenecks, heterogeneity of client devices,…
Federated learning holds great potential for enabling large-scale healthcare research and collaboration across multiple centres while ensuring data privacy and security are not compromised. Although numerous recent studies suggest or…
Federated learning (FL) has been developed as a promising framework to leverage the resources of edge devices, enhance customers' privacy, comply with regulations, and reduce development costs. Although many methods and applications have…
We study a new form of federated learning where the clients train personalized local models and make predictions jointly with the server-side shared model. Using this new federated learning framework, the complexity of the central shared…
There is a growing interest in the wireless communications community to complement the traditional model-based design approaches with data-driven machine learning (ML)-based solutions. While conventional ML approaches rely on the assumption…
The recent decade witnessed a surge of increase in financial crimes across the public and private sectors, with an average cost of scams of $102m to financial institutions in 2022. Developing a mechanism for battling financial crimes is an…
Modern mobile devices have access to a wealth of data suitable for learning models, which in turn can greatly improve the user experience on the device. For example, language models can improve speech recognition and text entry, and image…
The report demonstrates the benefits (in terms of improved claims loss modeling) of harnessing the value of Federated Learning (FL) to learn a single model across multiple insurance industry datasets without requiring the datasets…