Yubi and AI4Bharat Partner to Build Indias First ASR Engine for Financial Inclusion [Video]

Last updated September 25, 2024
In AI News

The collaboration will focus on developing and training ASR models that can seamlessly recognize and transcribe conversations in multiple languages.

Yubi Group, a global leader in financial technology, has partnered with AI4Bharat, an AI research initiative from IIT Madras, to develop an Automatic Speech Recognition (ASR) engine specifically designed for handling financial domain conversations in local languages.

This cutting-edge initiative aims to bridge the digital divide by making financial services more accessible to millions of Indians who converse in multiple languages, thus driving true financial inclusion.

The collaboration will focus on developing and training ASR models that can seamlessly recognize and transcribe conversations in multiple languages, including instances where speakers frequently switch between languages, a phenomenon known as “code mixing.”

Yubi’s ASR engine will accurately process such code-mixed statements, ensuring financial institutions can better serve these communities by responding with the right solutions. Initially supporting over 22 Indian languages, the …

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