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Assessing the carbon footprint of fintech and looking to the future.
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Retired Member
In the search for ways to lower your institution's carbon footprint - mobile phone transactions and mobile ID verifications are a winner. Your customers already have a mobile and they are being purchased and swtched on whether or not you let your customers use them for ID verification and transactions. Some of the energy and resource savings delive...
31 March 2008 /retail
Paul Penrose Head of Research at Finextra
No sooner have we closed the doors on our annual capital markets conference Finexpo – City Technology Strategies, than we’re opening registration for a new event, Finexpo – Green City. It’s part of a strategy to extend the Finexpo brand to encompass new markets and deliver more focussed market intelligence through our growing events portfolio. Fin...
11 February 2008 /retail /wholesale
Most people know that bottled water is a rip-off. Anyone for volcanic spring water from New Zealand at £21 for 42cl? There is in fact nothing wrong with tap water. But worse still is the energy and materials used to produce the bottles, many of which are used once and not recycled. The Observer at the weekend reported: it takes 162g of oil and ...
11 February 2008
At US$ 100 oil-a-barrel lots of opportunities can be visible. Every alternative energy / research project on earth was looking expensive at $28 or $36 or $46. But what about $ 60-70-80-90 and now intermediately at $100? Prices are varying everyday and how long one should wait? Do Banks have alternative energy divisions? Has anything done beyond r...
15 January 2008 /regulation /wholesale
There's a curious installation in Trafalgar Square here in swinging London at the moment. No - not that rubbish statue on the fourth plinth - no this one looks like a small house (1 Carbon Drive) but inside are some interactive displays designed to help get the energy-saving message across. Worthy and some fun but we found it all a bit slow and pa...
07 December 2007
Watch out banking eco-warriors, PNC Financial Services in the US has patented the term 'Green Branch', with reference to its network of 40 environmentally-friendly bank branches across six states. The Pittsburgh-based bank claims to have more certified, environmentally-friendly buildings than any other company on earth. "Consumers want to do ...
13 November 2007 /retail
A survey by hosting company Rackspace shows that 62 percent of respondents are concerned and are either acting already or looking at ways of reducing the impact they have on the environment. The rest presumably don't care. Shame on them. Just over half are willing to pay 5 to 10 percent extra for a "green" option and around the same are ...
24 October 2007
Elton Cane Digital product delivery at News Corp Australia
US payments industry association NACHA has formed a 'green coalition' with a number of leading US banks to 'educate consumers' about the environmental benefits of electronic bills and statements over paper-based equivalents. I should have thought that connection would be rather obvious. Less paper = less dead trees = less CO2 in atmosphere etc. But...
20 September 2007 /retail
Or at least a step greener.... We moved our hosting recently to Rackspace and I was intrigued to see a tick box on the order form to plant a tree to offset the carbon produced by the server. Apparently two to three hundred trees a month are being planted - and ours is one of them.
02 August 2007
Steve Ellis Founder at Finextra Research
Tekrati, the analyst reporting service, has flagged up research by Javelin Strategy and Research that puts a environmental value on the shift to banking online. Read the full Tekrati story here - or buy the report from Javelin, which covers more than just the headline grabbing green case. Some of the envirnmental headlines Tekrati highlighted wer...
25 July 2007
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