Differential Privacy for Credit Risk Model

The use of machine learning algorithms to model user behavior and drive business decisions has become increasingly commonplace, specifically providing intelligent recommendations to automated decision making. This has led to an increase in the use of customers personal data to analyze customer behavior and predict their interests in a companys products. Increased use of this customer personal data can lead to better models but also to the potential of customer data being leaked, reverse engineered, and mishandled. In this paper, we assess differential privacy as a solution to address these privacy problems by building privacy protections into the data engineering and model training stages of predictive model development. Our interest is a pragmatic implementation in an operational environment, which necessitates a general purpose differentially private modeling framework, and we evaluate one such tool from LeapYear as applied to the Credit Risk modeling domain. Credit Risk Model is a major modeling methodology in banking and finance where user data is analyzed to determine the total Expected Loss to the bank. We examine the application of differential privacy on the credit risk model and evaluate the performance of a Differentially Private Model with a Non Differentially Private Model. Credit Risk Model is a major modeling methodology in banking and finance where users data is analyzed to determine the total Expected Loss to the bank. In this paper, we explore the application of differential privacy on the credit risk model and evaluate the performance of a Non Differentially Private Model with Differentially Private Model.

Techniques to Improve Q&A Accuracy with Transformer-based models on Large Complex Documents

This paper discusses the effectiveness of various text processing techniques, their combinations, and encodings to achieve a reduction of complexity and size in a given text corpus. The simplified text corpus is sent to BERT (or similar transformer based models) for question and answering and can produce more relevant responses to user queries. This paper takes a scientific approach to determine the benefits and effectiveness of various techniques and concludes a best-fit combination that produces a statistically significant improvement in accuracy.