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The growing instability of both global and domestic economic environments has increased the risk of financial distress at the household level. However, traditional econometric models often rely on delayed and aggregated data, limiting their…

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 privacy-preserving learning technique that enables distributed computing devices to train shared learning models across data silos collaboratively. Existing FL works mostly focus on designing advanced FL…

Machine Learning · Computer Science 2023-02-20 Yash Travadi , Le Peng , Xuan Bi , Ju Sun , Mochen Yang

Federated learning (FL) has been proposed as a method to train a model on different units without exchanging data. This offers great opportunities in the healthcare sector, where large datasets are available but cannot be shared to ensure…

Machine Learning · Computer Science 2022-04-21 Arash Mehrjou , Ashkan Soleymani , Annika Buchholz , Jürgen Hetzel , Patrick Schwab , Stefan Bauer

Federated learning (FL) is a distributed learning framework that leverages commonalities between distributed client datasets to train a global model. Under heterogeneous clients, however, FL can fail to produce stable training results.…

Machine Learning · Computer Science 2024-11-04 Connor J. Mclaughlin , Lili Su

Federated Learning (FL) is an emerging paradigm that allows a model to be trained across a number of participants without sharing data. Recent works have begun to consider the effects of using pre-trained models as an initialization point…

Machine Learning · Computer Science 2023-11-07 Gwen Legate , Nicolas Bernier , Lucas Caccia , Edouard Oyallon , Eugene Belilovsky

Federated learning (FL) enables multiple devices to collaboratively train a global model while maintaining data on local servers. Each device trains the model on its local server and shares only the model updates (i.e., gradient weights)…

Machine Learning · Computer Science 2024-12-31 Nishant S. Gaikwad , Lucas Heublein , Nisha L. Raichur , Tobias Feigl , Christopher Mutschler , Felix Ott

This work investigates the potential of Federated Learning (FL) for official statistics and shows how well the performance of FL models can keep up with centralized learning methods.F L is particularly interesting for official statistics…

Machine Learning · Computer Science 2023-10-02 Joshua Stock , Oliver Hauke , Julius Weißmann , Hannes Federrath

With the deepening of the digitization degree of financial business, financial fraud presents more complex and hidden characteristics, which poses a severe challenge to the risk prevention and control ability of financial institutions. At…

Computational Engineering, Finance, and Science · Computer Science 2024-05-08 Xinye Sha

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

Federated Learning (FL) is a variant of distributed learning where edge devices collaborate to learn a model without sharing their data with the central server or each other. We refer to the process of training multiple independent models…

Machine Learning · Computer Science 2022-09-22 Neelkamal Bhuyan , Sharayu Moharir , Gauri Joshi

Federated Learning (FL) is a very promising approach for improving decentralized Machine Learning (ML) models by exchanging knowledge between participating clients without revealing private data. Nevertheless, FL is still not tailored to…

Artificial Intelligence · Computer Science 2020-05-15 Thomas Hiessl , Daniel Schall , Jana Kemnitz , Stefan Schulte

Federated learning (FL) is a distributed machine learning approach involving multiple clients collaboratively training a shared model. Such a system has the advantage of more training data from multiple clients, but data can be…

Machine Learning · Computer Science 2021-08-24 Sone Kyaw Pye , Han Yu

Federated Learning (FL) aims at unburdening the training of deep models by distributing computation across multiple devices (clients) while safeguarding data privacy. On top of that, Federated Continual Learning (FCL) also accounts for data…

Machine Learning · Computer Science 2025-05-27 Riccardo Salami , Pietro Buzzega , Matteo Mosconi , Mattia Verasani , Simone Calderara

Federated learning (FL) enables collaboratively training deep learning models on decentralized data. However, there are three types of heterogeneities in FL setting bringing about distinctive challenges to the canonical federated learning…

Machine Learning · Computer Science 2020-09-18 Tao Shen , Jie Zhang , Xinkang Jia , Fengda Zhang , Gang Huang , Pan Zhou , Kun Kuang , Fei Wu , Chao Wu

Federated Learning (FL) is a learning mechanism that falls under the distributed training umbrella, which collaboratively trains a shared global model without disclosing the raw data from different clients. This paper presents an extensive…

Machine Learning · Computer Science 2025-06-09 Mrinmay Sen , Shruti Aparna , Rohit Agarwal , Chalavadi Krishna Mohan

Federated Learning (FL) is a novel approach enabling several clients holding sensitive data to collaboratively train machine learning models, without centralizing data. The cross-silo FL setting corresponds to the case of few ($2$--$50$)…

Federated learning (FL) is recently surging as a promising decentralized deep learning (DL) framework that enables DL-based approaches trained collaboratively across clients without sharing private data. However, in the context of the…

Machine Learning · Computer Science 2023-02-24 Van-Tuan Tran , Huy-Hieu Pham , Kok-Seng Wong

Increasing privacy concerns and unrestricted access to data lead to the development of a novel machine learning paradigm called Federated Learning (FL). FL borrows many of the ideas from distributed machine learning, however, the challenges…

Machine Learning · Computer Science 2025-01-08 Karthik Mohan