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Today, Open Banking pioneer LUXHUB is announcing a strategic partnership with the University of Luxembourg’s Interdisciplinary Centre for Security, Reliability and Trust (SnT) to create added value services based on financial data. The partnership will implement ground-breaking technology in the field of artificial intelligence while respecting the industry’s main concerns - the safety and privacy of sensitive data – through the federated learning model.
“In the era of Open Finance – with financial service companies collaborating, co-creating new products and services by taking advantage of the API economy – it makes sense for them to opt for the federated learning model, and keep building the future of finance. Together,” first explains Claude Meurisse, COO of LUXHUB....
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