A Coding Implementation of an OpenAI-Assisted Privacy-Preserving Federated Fraud Detection System from Scratch Using Lightweight PyTorch Simulations
In this tutorial, we demonstrate how we simulate a privacy-preserving fraud detection system using Federated Learning without relying on heavyweight frameworks or complex infrastructure. We build a clean, CPU-friendly setup that mimics ten independent banks, each training a local fraud-detection model on its own highly imbalanced transaction data. We coordinate these local updates through a…
