In this study, a novel phase-based technique is proposed to decrease the effects of physiological noise in resting-state fMRI data. Our technique is based on extracting nuisance components from the phase of fMRI data using spatial-ICA and utilize it to clean magnitude data. To evaluate, we performed the proposed method on Multi-Band fMRI data which benefits from higher temporal resolution to encode physiological effects and compare the efficacy of the technique both with magnitude-based and with RETRIOCOR techniques. Our method has marginal higher identifiability index and
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