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Federated Learning (FL) is a data-minimization approach enabling collaborative model training across diverse clients with local data, avoiding direct data exchange. However, state-of-the-art FL solutions to identify fraudulent financial…

We introduce Federated Learning for Relational Data (Fed-RD), a novel privacy-preserving federated learning algorithm specifically developed for financial transaction datasets partitioned vertically and horizontally across parties. Fed-RD…

Computational Engineering, Finance, and Science · Computer Science 2024-08-06 Md. Saikat Islam Khan , Aparna Gupta , Oshani Seneviratne , Stacy Patterson

While recent years have witnessed the advancement in big data and Artificial Intelligence (AI), it is of much importance to safeguard data privacy and security. As an innovative approach, Federated Learning (FL) addresses these concerns by…

Cryptography and Security · Computer Science 2024-11-05 Chunlu Chen , Ji Liu , Haowen Tan , Xingjian Li , Kevin I-Kai Wang , Peng Li , Kouichi Sakurai , Dejing Dou

Federated learning (FL) as distributed machine learning has gained popularity as privacy-aware Machine Learning (ML) systems have emerged as a technique that prevents privacy leakage by building a global model and by conducting…

Cryptography and Security · Computer Science 2023-07-17 Taki Hasan Rafi , Faiza Anan Noor , Tahmid Hussain , Dong-Kyu Chae

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…

Machine Learning · Computer Science 2024-02-26 Panyi Dong , Zhiyu Quan , Brandon Edwards , Shih-han Wang , Runhuan Feng , Tianyang Wang , Patrick Foley , Prashant Shah

In the recent years, generation of data have escalated to extensive dimensions and big data has emerged as a propelling force in the development of various machine learning advances and internet-of-things (IoT) devices. In this regard, the…

Federated Learning (FL) has emerged as a transformative paradigm in the field of distributed machine learning, enabling multiple clients such as mobile devices, edge nodes, or organizations to collaboratively train a shared global model…

Machine Learning · Computer Science 2026-03-09 Ratun Rahman

Federated learning (FL) is a framework for training machine learning models in a distributed and collaborative manner. During training, a set of participating clients process their data stored locally, sharing only the model updates…

Machine Learning · Computer Science 2023-10-31 Filippo Galli , Kangsoo Jung , Sayan Biswas , Catuscia Palamidessi , Tommaso Cucinotta

At the intersection of the cutting-edge technologies and privacy concerns, Federated Learning (FL) with its distributed architecture, stands at the forefront in a bid to facilitate collaborative model training across multiple clients while…

Machine Learning · Computer Science 2025-09-03 Noorain Mukhtiar , Adnan Mahmood , Quan Z. Sheng

Federated Learning (FL) represents a significant advancement in distributed machine learning, enabling multiple participants to collaboratively train models without sharing raw data. This decentralized approach enhances privacy by keeping…

Cryptography and Security · Computer Science 2025-02-10 Jaydip Sen , Hetvi Waghela , Sneha Rakshit

Trustworthy artificial intelligence (AI) technology has revolutionized daily life and greatly benefited human society. Among various AI technologies, Federated Learning (FL) stands out as a promising solution for diverse real-world…

Machine Learning · Computer Science 2023-02-22 Yifei Zhang , Dun Zeng , Jinglong Luo , Zenglin Xu , Irwin King

Everyday, large amounts of sensitive data is distributed across mobile phones, wearable devices, and other sensors. Traditionally, these enormous datasets have been processed on a single system, with complex models being trained to make…

Machine Learning · Computer Science 2023-01-10 Zongshun Zhang , Andrea Pinto , Valeria Turina , Flavio Esposito , Ibrahim Matta

Fraud-related financial losses continue to rise, while regulatory, privacy, and data-sovereignty constraints increasingly limit the feasibility of centralized fraud detection systems. Federated Learning (FL) has emerged as a promising…

Federated learning has been a hot research topic in enabling the collaborative training of machine learning models among different organizations under the privacy restrictions. As researchers try to support more machine learning models with…

Machine Learning · Computer Science 2021-12-07 Qinbin Li , Zeyi Wen , Zhaomin Wu , Sixu Hu , Naibo Wang , Yuan Li , Xu Liu , Bingsheng He

Machine learning algorithms are undoubtedly one of the most popular algorithms in recent years, and neural networks have demonstrated unprecedented precision. In daily life, different communities may have different user characteristics,…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-05-24 Yang ChaoQun

Rapid growth of digital transactions has led to a surge in fraudulent activities, challenging traditional detection methods in the financial sector. To tackle this problem, we introduce a specialised federated learning framework that…

As an emerging technique, Federated Learning (FL) can jointly train a global model with the data remaining locally, which effectively solves the problem of data privacy protection through the encryption mechanism. The clients train their…

Machine Learning · Computer Science 2020-12-04 Yi Liu , Li Zhang , Ning Ge , Guanghao Li

Federated learning enables training a global machine learning model from data distributed across multiple sites, without having to move the data. This is particularly relevant in healthcare applications, where data is rife with personal,…

Cryptography and Security · Computer Science 2020-02-24 Olivia Choudhury , Aris Gkoulalas-Divanis , Theodoros Salonidis , Issa Sylla , Yoonyoung Park , Grace Hsu , Amar Das

Federated Learning (FL) is an emerging distributed machine learning paradigm enabling multiple clients to train a global model collaboratively without sharing their raw data. While FL enhances data privacy by design, it remains vulnerable…

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