<ul><li>Google Cloud and Swift are partnering to develop a secure, privacy-preserving solution for financial institutions using federated learning techniques.</li><li>Federated learning enables collaborative AI model training without compromising privacy and confidentiality.</li><li>Swift plans to roll out a sandbox with synthetic data in the first half of 2025, working with Google Cloud and 12 global financial institutions.</li><li>The solution aims to enhance cross-border payments experience by sharing fraud labels while ensuring data privacy and confidentiality.</li></ul>

Google Cloud and Swift Partner on Privacy-Preserving AI Model Training

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