Sunday September 23, 2018
Home Business Accenture, Gr...

Accenture, Grameen Foundation’s apps to boost women’s financial inclusion

Accenture Labs in collaboration with the non-profit Grameen Foundation has developed two artificial intelligence (AI) and augmented reality (AR)-based applications that can boost rural women's access to financial services

0
//
44
Accenture releases app to empower women. IANS
Republish
Reprint

Accenture Labs in collaboration with the non-profit Grameen Foundation has developed two artificial intelligence (AI) and augmented reality (AR)-based applications that can boost rural women’s access to financial services.

The apps — Emotional Analytics for Social Enterprises (EASE) and Grameen Guru — will be rolled out by Grameen Foundation India across 300 villages in the states of Maharashtra and Odisha, Accenture Labs said in a statement on Wednesday.

Leveraging AI and AR-based technologies, the applications will help users better understand financial products and services, enabling them to make informed choices that positively impact their financial and social well-being.

mobile apps that all women should have
This app will empower rural women. Wikimedia Commons

“This is a tremendous example of how technology can help bridge the vast cultural and educational divide in places like India, having a real impact on the way people work and live,” said Sanjay Podder, Managing Director, Accenture Labs India.

EASE is an AI-based web and mobile app that helps microfinance advisors gain real-time insights into the emotional and cognitive status of their clients, based on video and audio inputs.

Helping to improve cross-cultural communication, the tool provides deeper insights on precisely what topics or keywords attract attention, or cause clients to disengage. On the other hand, Grameen Guru is a smartphone-based multilingual chatbot that leverages AR technology to help clients who cannot read and understand written material.

Also Read: Twitter allows third-party apps for account verification

Using the app, a user can hold their phone over a brochure that details available financing options, for example, and the Guru virtual assistant will pop up and prompt a conversation in the local language to explain the material.

“Barriers — ranging from illiteracy to a lack of bank branches in rural areas, coupled with a lack of confidence and access to information — hinder adoption for millions of low-income women in India,” said Prabhat Labh, CEO, Grameen Foundation India. The use of these new technologies will enable effective economic empowerment of women, he noted. IANS

Click here for reuse options!
Copyright 2018 NewsGram

Next Story

Twinkle Khanna Talks About Another Way For Women Empowerment

Known for her wits and playing with words like pro, Twinkle also joked on botox and said that one must not invest in anything that gives them diminishing returns

0
Twinkle Khanna
Important for women to become financially independent: Twinkle Khanna. Flickr

Actress-turned-author Twinkle Khanna, who has been vocal about several social issues especially those related to gender equality, believes that the best way for a woman to empower herself is through financial independence.

“We often tell women to speak up for themselves and to be fearless, but the fact is if you are not financially independent, then you have to toe the line and have to raise hand for the cheque,” she said.

“Economic indepence is the primary thing for all women out there. They should not rely on someone else for their needs, all should become self-reliant,” Twinkle Khanna said during the launch of her third book titled ‘Pyjamas are Forgiving’ on Wednesday.

Organised by YFLO Delhi, the event was moderated by renowned journalist Barkha Dutt.

Twinkle Khanna
Twinkle Khanna, Wikimedia Commons

Asked the reason for holding a political ideology different from her husband and actor Akshay Kumar’s opinions, Twinkle responded by saying: “We all have a right to vote which implies we all have a right to have different opinions,” she said.

At the same time, the “Mela” actress expressed her concern over people’s ruthless attitude towards someone who has a different opinion in the society.

She said: “Be it colour, cast, nationality or opinion, we all are shunning people who are different from us. And through this we end up learning nothing. We all are living in an eco-chamber.

“It is good to have different opinions as it will help people to learn more about things in a different manner.”

Twinkle Khanna, who talked about botox quite a number of times, has once again urged women not to give unecessary heed to cosmetic treatments in order to look younger.

Twinkle Khanna
Twinkle Khanna. Flickr

The 43-year-old mother of two children said: “Ageing is a strange thing. When women cross 40, they start panicking about their looks and start getting cosmetic treatments.

“Rather bothering about looks, women should invest in their skills and try to develop a mind. If you have skills, automatically all heads will turn for you no matter what the looks are. ”

You May Also Like to Read About- Google Sends Email to Employees Asking Them to Delete China Search Engine Memo

Known for her wits and playing with words like pro, Twinkle also joked on botox and said that one must not invest in anything that gives them diminishing returns. (IANS)