#FederatedLearning #FL, a decentralised #MachineLearning approach, enables banks to gain insights into customer behaviour without centralising sensitive data. This technology, while challenging to implement, offers personalised services, improved fraud detection, and accurate risk assessment.

While this is good for banks, it also opens interesting perspectives also in #InternationalCooperations handling of data! #FutureOfCooperation

See an example from finance here.

Thanks to Khang Vu Tien for pointing this out!