UK FinTech Tandem Bank has partnered with carbon tracking outfit Cogo.
In Brief:
Cogo will be added to Tandem’s “marketplace” so it can be accessed by customers.
It will enable people to track and manage the carbon footprint created by their spending.
Eventually the technology is set to be integrated into the Tandem app.
What does this mean?
Increasingly customers are concerned by the impact of their lifestyle, especially their purchases, on the environment but many are frustrated that they do not have the tools to change their behaviour. According to Cogo, 80% of UK mobile banking users want information on this. Tandem is currently making a pus to target and support the green consumer.
