Abstract:Reinforcement learning (RL) is one of the most practical ways to learn from real-life use-cases. Motivated from the cognitive methods used by humans makes it a widely acceptable strategy in the field of artificial intelligence. Most of the environments used for RL are often high-dimensional, and traditional RL algorithms becomes computationally expensive and challenging to effectively learn from such systems. Recent advancements in practical demonstration of quantum computing (QC) theories, such as compact encoding, enhanced representation and learning algorithms, random sampling, or the inherent stochastic nature of quantum systems, have opened up new directions to tackle these challenges. Quantum reinforcement learning (QRL) is seeking significant traction over the past few years. However, the current state of quantum hardware is not enough to cater for such high-dimensional environments with complex multi-agent setup. To tackle this issue, we propose a distributed framework for QRL where multiple agents learn independently, distributing the load of joint training from individual machines. Our method works well for environments with disjoint sets of action and observation spaces, but can also be extended to other systems with reasonable approximations. We analyze the proposed method on cooperative-pong environment and our results indicate ~10% improvement from other distribution strategies, and ~5% improvement from classical models of policy representation.
Abstract:Financial fraud detection is essential for preventing significant financial losses and maintaining the reputation of financial institutions. However, conventional methods of detecting financial fraud have limited effectiveness, necessitating the need for new approaches to improve detection rates. In this paper, we propose a novel approach for detecting financial fraud using Quantum Graph Neural Networks (QGNNs). QGNNs are a type of neural network that can process graph-structured data and leverage the power of Quantum Computing (QC) to perform computations more efficiently than classical neural networks. Our approach uses Variational Quantum Circuits (VQC) to enhance the performance of the QGNN. In order to evaluate the efficiency of our proposed method, we compared the performance of QGNNs to Classical Graph Neural Networks using a real-world financial fraud detection dataset. The results of our experiments showed that QGNNs achieved an AUC of $0.85$, which outperformed classical GNNs. Our research highlights the potential of QGNNs and suggests that QGNNs are a promising new approach for improving financial fraud detection.