Warply launches open banking green footprint service

Friday 19 November 2021 12:24 CET | News

Warply launches Green Premium, an ESG service that calculates the  green footprint of consumers and rewards them according to the footprint. 

The Green Premium Scoring service provided through the Warply  Engage AI platform can calculate a consumer's carbon footprint using open banking data, through an artificial intelligence system that categorises its transactions into low, medium, and high carbon footprint. The calculation takes into account more than 150 data sources and sustainability databases, which give a specific score to each consumer choice.

In addition, daily habits are taken into account in order to determine the footprint, such as the ways and frequency of movements or consumer behaviour in ecommerce. Consumers can be informed in real time about the impact of their shopping on the environment, but they can also change their choices for a more environmentally friendly behaviour.

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Keywords: Open Banking, carbon footprint, sustainability
Categories: Banking & Fintech
Countries: Greece
This article is part of category

Banking & Fintech