Conscious consumerism is on the rise. The Global Sustainability Study reported that 85% of consumers have shifted their purchasing behaviour to be more sustainable in the past five years. This number is predicted to rise as people become more aware of the climate crisis.
People want and need help making more sustainable choices. In fact, our research shows that 62% want their banks to help them reduce their environmental impact.
Due to this demand, banks around the world are integrating carbon management solutions into their retail and business banking experiences to help customers understand the carbon impact of the money they are spending.
Many banks want to integrate a carbon tracking solution but struggle to access the data and insights they need to build a business case and understand how they would build this functionality into their banking experience. Often banks fail to move this forward as they are unsure of the best approach to take, how they should engage their customers, and what success looks like.
That is why we are working with NayaOne to take the complexity out of the decision-making process and provide banks with the intelligence they need in a safe environment. Banks can conduct “sandbox testing” of Cogo’s carbon footprint API to ensure it seamlessly integrates with their own technology.
NayaOne’s digital sandbox innovation process for banks and fintechs brings speed, agility and, most importantly, quality evaluation to the decision-making process and digital transformation. Promising to drive innovation for banks through its Digital Transformation Platform.
“NayaOne is considered a trusted partner to global banks. This, coupled with their nimbleness, is particularly important for us at Cogo. As a sustainability fintech, we are conscious that every day is important in the fight against climate change, so every step we can take to speed up the process of collaborating with banks is a positive step for the climate through NayaOne’s Digital Transformation Platform." Emma Kisby, Cogo CEO, EMEA
If you want to innovate fast and get access to the evidence you need to build a solid business case that will meet your core business needs. Look no further, this is a perfect way to drive innovation and launch products fast. Request a demo or contact the team to find out more.
NayaOne is a leading financial technology company focused on bringing financial institutions and the fintech ecosystem together to accelerate digital transformation and innovation in the financial services industry. NayaOne’s platform provides a single point of access to the latest fintech innovations and data, enabling financial institutions to stay ahead of the competition in a rapidly changing digital landscape.