Finastra Launches SaaS ESG Service for Sustainable Lending
Fintech vendor Finastra has launched the new ESG Service to support banks in their sustainable lending practices in regard to corporate clients
Sustainable finance - page 3
The Consensus on Consensus Mechanisms
A look into the foundation of cryptocurrency: consensus mechanisms. Why do different consensus mechanisms exist, is Proof of Work actually “environmentally unfriendly”, and why Proof of Stake deserves the alternative transcription to its abbreviation.
HSBC Grants Its First Green Loan in Hong Kong
HSBC Bank has granted its first green loan to a climate-mitigation technology firm based in Hong Kong. The borrower is fighting global warming with emissions reduction projects on the construction sites
Hydranet Staking is Happening Without Short-Term Rewards
Hydranet DAO has reduced staking APY to 0%, and users support it.
Agri-Fintech: What It Is and Why It’s on the Rise
Last year brought a steady rise in socially responsible fintech products that are specifically designed for the needs of the agricultural sector. Agri-fintech is a very promising segment of financial technologies, so we’re going to discuss it in detail
Abu Dhabi Launches $2 Billion Program for Web3 and Blockchain Development
The Hub71+ Digital Assets will be an ecosystem promoting the success of blockchain and Web3 startups.
CBDC: The currency compromise we shouldn’t accept
CBDCs, where did the idea come from, why are banks obsessed with them, and why you shouldn’t be into it.
7 Ways for a Fintech to Become More ESG-Focused
To succeed in an increasingly competitive fintech sphere, startups and long-established businesses must demonstrate they are socially conscious and have ethical management practices. Here are the main ways a fintech company may improve its ESG objectives
NatWest to Buy Stake in ESG-Focused Workplace Pension and Savings App Cushon
Cushon’s primary products offer an investment strategy designed to drive down the financed CO2 emissions of customers’ investments. With a £144 million investment, NatWest will become the company’s major stakeholder
KPMG: ESG Tops Regulatory Demands in Finance While UK & EU Rules Diverge
KPMG’s Regulatory Barometer showed that financial service firms in the UK and the EU remained under significant pressure to comply with diverging ESG requirements over the last 6 months
SunFi Helps Nigerians to Find, Finance and Manage Solar Energy Solutions
SunFi, the Nigerian fintech startup, has raised $2.3 million in seed funding to connect people and businesses who want solar energy access to payment plans that match their needs
Green Investment Hit a Milestone in 2022
Green investment globally reached the levels of funding put into producing fossil fuels for the first time in 2022 – the important milestone was enabled by dramatic growth in carbon capture investments
How Fintechs Benefit from ESG Focus
Focusing on ESG initiatives not only benefits the environment and local communities, but also helps fintechs attract venture capital and gain substantial profits
Saudi Arabia Central Bank Launches CBDC Experiment
Saudi Central Bank continues CBDC experimentations, currently focusing on domestic wholesale of CBDC in collaboration with local banks and fintechs.
UAE Backs Crypto Adoption With Trading Potential
The United Arab Emirates have been overt regarding their interest in crypto. Now, UAE’s Minister says crypto will ‘play a major role for the United Arab Emirate’s global trade going forward’.
America’s First Nuclear-Powered Bitcoin Mining Center
Cumulus Data will open America’s first nuclear-powered Bitcoin mining center in Pennsylvania.
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