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Image Credit: Amazon

Fraud detection empowered by federated learning with the Flower framework on Amazon SageMaker AI

  • Fraud detection in the financial sector is challenging due to privacy laws and data security.
  • Traditional models raise concerns with centralized data, leading to overfitting and poor performance.
  • Federated learning with Flower on SageMaker allows joint model training without raw data sharing.
  • It improves accuracy, maintains compliance, and fosters collaboration in privacy-conscious environments.

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