Inside Innovation Live 03 - Federated learning: Unleashing its potential in finance | Swift
Channel: Swift
Date: 13/02/2023

LinkedIn Live broadcast: 7 September 2022

Does federated learning have the power to drive financial services forward? We think so.

While traditional machine learning techniques train models using a central database, federated learning takes things one step further. It allows us to train algorithms using data sets that are held separately by multiple financial institutions, without the need for them to exchange data with one another. This means that, for the first time, institutions can collaborate, combine forces and leverage AI to help solve industry-wide problems – like improving fraud detection or reducing payment errors – all safe in the knowledge that their customer data remains wholly anonymous, secure and confidential.

Watch the discussion by Swift’s Nick Kerigan, Managing Director, Head of Innovation and IBM’s AI expert, Heiko Ludwig, on federated learning to find out how it can solve everyday issues in financial services like improving fraud detection and reducing payment errors.

=====

BIO - Heiko Ludwig
Heiko is a Principal Research Scientist and Senior Manager of the AI Platforms department in IBM’s Almaden Research Center in San Jose, CA. Heiko is leading research work on computational platforms for AI, focusing security, privacy, performance and resilience. The results of this work contribute to various IBM lines of business and open source projects. Heiko is currently leading the initiative on federated machine learning at IBM Research. Heiko has more than 100 peer-reviewed publications with more than 9000 citations and more than 50 patents and patent applications. He recently published a book on Federated Learning. Heiko was recognized for his work in different ways, e.g., as an ACM Distinguished Engineer. Prior to the Almaden Research Center, Heiko held different positions at IBM Research labs. He holds a Master's degree and a PhD in information systems from Otto-Friedrich University Bamberg, Germany.

BIO - Nick Kerigan
Nick is responsible for the performance of the innovation strategy, ensuring that innovation delivers on its mandate to accelerate and de-risk the creation of new products and services that deliver value to customers. He has a wealth of experience from over 20 years working in payments and banking across developed and emerging markets. Nick is a thought leader and a top-100 financial sector influencer.

LinkedIn Live page - https://www.linkedin.com/video/event/urn:li:ugcPost:6960217130541719552/ 

#insideinnovationlive
#federatedlearning 
#ai 
#finance 
#innovation  
#linkedinlive
#linkedinlivestreaming 
#swift 
______________________
https://www.swift.com