While memory is a core component in agent systems, its behavioral impact in complex, long-horizon domains like machine learning engineering (MLE) remains poorly understood. Unlike short, reactive exchanges, MLE agents solve tasks through cycles of experimentation and improvement where past errors can inform future success. This paper presents a systematic study dissecting how memory influences agent behavior and performance across diverse MLE challenges. We first introduce a dynamic coding memory designed to capture and reuse debugging experiences, and integrate it into two representative agent paradigms: a sequential, chain-based agent that mirrors human-like iterative refinement, and a parallel, tree-based agent that performs broad, self-exploratory search in the code space. Our central finding is that the role of memory is contingent on the agent’s underlying architecture. For chain-based agents, memory proves highly beneficial, enabling them to avoid recurring mistakes and engage in more coherent, iterative refinement, which significantly improves reliability and task success. In contrast, for tree-based search agents, memory introduces a critical trade-off: it enhances procedural stability at the cost of constraining search diversity, which can prematurely narrow exploration and lead to suboptimal final solutions. These findings reveal a fundamental trade-off between procedural reliability and solution innovation modulated by memory, offering insights for designing more effective and robust MLE agents.

The ubiquity of payment networks generates vast transactional data encoding rich consumer and merchant behavioral patterns. Recent foundation models for transaction analysis process tabular data sequentially but rely on index-based representations for categorical merchant fields, causing substantial semantic information loss by converting rich textual data into discrete tokens. While Large Language Models (LLMs) can address this limitation through superior semantic understanding, their computational overhead challenges real-time financial deployment. We introduce a hybrid framework that uses LLM-generated embeddings as semantic initializations for lightweight transaction models, balancing interpretability with operational efficiency. Our approach employs multi-source data fusion to enrich merchant categorical fields and a one-word constraint principle for consistent embedding generation across LLM architectures. We systematically address data quality through noise filtering and context-aware enrichment. Experiments on large-scale transaction datasets demonstrate significant performance improvements across multiple transaction understanding tasks.

Large Language Models (LLMs) are becoming essential tools for various natural language processing tasks but often suffer from generating outdated or incorrect information. Retrieval-Augmented Generation (RAG) addresses this issue by incorporating external, real-time information retrieval to ground LLM responses. However, the existing RAG systems frequently struggle with the quality of retrieval documents, as irrelevant or noisy documents degrade performance, increase computational overhead, and undermine response reliability. To tackle this problem, we propose Multi-Agent Filtering Retrieval-Augmented Generation (MAIN-RAG), a training-free RAG framework that leverages multiple LLM agents to collaboratively filter and score retrieved documents. Specifically, MAIN-RAG introduces an adaptive filtering mechanism that dynamically adjusts the relevance filtering threshold based on score distributions, effectively minimizing noise while maintaining high recall of relevant documents. The proposed approach leverages inter-agent consensus to ensure robust document selection without requiring additional training data or fine-tuning. Experimental results across four QA benchmarks demonstrate that MAIN-RAG consistently outperforms traditional RAG approaches, achieving a 2–11% improvement in answer accuracy while reducing the number of irrelevant retrieved documents. Quantitative analysis further reveals that our approach achieves superior response consistency and answer accuracy over baseline methods, offering a competitive and practical alternative to training-based solutions.