In this contributed article, Laurence Hamilton, Chief Commercical Officer, Consilient, discusses the next generation federated learning solution for financial crime detection. Such a solution will help enable banks and other financial institutions to detect high-risk entities and behaviors by sharing insights across different data environments and organizations.
What Is Federated Learning in Health Care? And How Should Health IT Teams Prepare?
January 2, 2023 by
In this contributed article, Ittai Dayan, co-founder and CEO of Rhino Health, believes that while traditional machine learning has huge potential for medical researchers, its major shortcoming is the vast amount of centralized data collection that’s required, and the privacy issues this creates. Federated learning has been suggested as a potential solution to this problem. This is a novel ML technique that is able to access data held across numerous decentralized servers (such as data held by individual hospitals), with the data never leaving these servers and remaining completely anonymous.
