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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

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Accenture releases app to empower women. IANS
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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

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AI-powered Honor 10 to release soon

The device would be available on Flipkart in direct comparison with Oneplus6 that might be launched as Amazon exclusive

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Honor 10 will be releasing on May 15. IANS

Huawei’s sub-brand Honor, which has been working on their second generation Artificial Intelligence (AI) 2018 flagship device, is expected to launch “Honor 10” smartphone in London on May 15.

According to industry sources, “Honor 10” — that was recently launched in China — would be launched globally. An answer to OnePlus6, the sub-40,000 category device is likely to come to India in late May.

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“Honor 10” smartphone will release in London. Amazon

The device would be available on Flipkart in direct comparison with Oneplus6 that might be launched as Amazon exclusive, according to sources. Honor is also working on new dual-camera and consumer-centric innovation.

Also Read: Artificial Intelligence May Aid Solving ‘Global Hunger’

Recently, the company rolled out ‘Face Unlock’ feature for Honor 9 Lite and Honor 7X smartphones. It also launched “Ride Mode” feature via HOTA update (Huawei Over The Air) exclusively for its Honor 9 Lite smartphone in India. IANS

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